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Nirvikalpa
Aug 20, 2012

by Fluffdaddy

Professor Skittles posted:

Nate silver kept me from going all in. Now I'm reading his model benefits trump way too much

How does it benefit Trump? I'm curious.

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IM DAY DAY IRL
Jul 11, 2003

Everything's fine.

Nothing to see here.
there is still a seven cent gap between DEM.YES and GOP.NO on PREZPARTY16 and its blowing my mind

dangling pointer
Feb 12, 2010

Professor Skittles posted:

Nate silver kept me from going all in. Now I'm reading his model benefits trump way too much



The shookness is coming from inside the thread.

Necc0
Jun 30, 2005

by exmarx
Broken Cake

Zeta Taskforce posted:

What they have is extremely rudimentary. When the Billy Bush video came out I tried to write "Grab her by the pussy" in a comment and it got rejected.

But child porn? How dumb do you have to be? In order to be on there don't they have to know your real name, your real bank/credit card number, your social security number?

99% sure it's some /pol/ shitlord who's melting down now that the writing is on the wall.

dik-dik
Feb 21, 2009

Nirvikalpa posted:

How does it benefit Trump? I'm curious.

538 assumes a much higher degree of uncertainty than pretty much every other prediction model out there, which tends to benefit whoever is losing.

Also, as election day gets closer, 538 weights recent polls more and more heavily, so big fluctuations in polling (which likely represent changes in propensity to respond to polls much more than they represent actual changes in voter intent) cause big fluctuations in 538's models. Most other prediction models recognize that the vast majority of the electorate doesn't actually change their mind that quickly and thus their predictions are much more stable over time. So when you've had a bad news week for Clinton that ultimately ends up being nothing (e.g. the comey bullshit), 538 artificially inflates Trump's chances at winning.

dik-dik has issued a correction as of 15:09 on Nov 7, 2016

mlmp08
Jul 11, 2004

Prepare for my priapic projectile's exalted penetration
Nap Ghost

Nirvikalpa posted:

How does it benefit Trump? I'm curious.

Sam Wang is careful with his words, but he argues that Silver's model is inherently biased against whoever the frontrunner is.

http://election.princeton.edu/2016/11/06/is-99-a-reasonable-probability/

quote:

Their roots are in detail-oriented activities such as fantasy baseball. They score individual pollsters, and they want to predict things like individual-state vote shares. Achieving these goals requires building a model with lots of parameters, and running regressions and other statistical procedures to estimate those parameters. However, every parameter has an uncertainty attached to it. When all those parameters get put together to estimate the overall outcome, the resulting total is highly uncertain.

For this reason, the Huffington Post claim that FiveThirtyEight is biased toward Trump is probably wrong. It’s not that they like Trump – it’s that they are biased away from the frontrunner, whoever that is at any given moment. And this year, the frontrunner happens to be Hillary Clinton.

30 TO 50 FERAL HOG
Mar 2, 2005



IM DAY DAY IRL posted:

there is still a seven cent gap between DEM.YES and GOP.NO on PREZPARTY16 and its blowing my mind

I don't quite get things like this. Why are these even separate bets? I guess GOP no doesn't necessarily mean DEM yes because of third parties but lol come on.

Also, I think I'm going to dump like $500 into Kaine VP since it's one of the few things you can still put money into.

Agronox
Feb 4, 2005
They are separate bets to help get around the CFTC no action letter limits.

Nosre
Apr 16, 2002


If I may attempt a brief summary of last minute opportunities;

There's a bunch of 'safe' stuff in the 80s:
-PA
-VA
-NV
-CO
-the nationals (Kaine VP, etc)

Riskier stuff, but much better returns if you're banking on Hdawg overperforming:
-FL (63)
-NH (74)
-NC (53)
-ME-2 (41)
-AZ (28)

Then you've got spreads of popular/EC margin, like
-4-10% win (55 combined)
-320-379 EC (64)
-340-379 EC (30)


This is obviously not comprehensive, but am I missing anything particularly interesting? Out of the above, FL looks like the best value, the 4-10% group, with AZ if I want a flier.

dik-dik
Feb 21, 2009

Careful with NC. Looks like GOP's voter suppression laws are working and NC is going to be closer than it should. African American vote is down from this time in 2012 (vs. up in FL, GA, LA): https://twitter.com/ElectProject/status/795378059570544645

Discospawn
Mar 3, 2007

Also, for another 'safe' market, the 'Will GOP control presidency and both houses of congress' market (https://predictit.com/Contract/481/Will-Republicans-control-both-Congress-and-the-White-House-after-2016#data) is still trading at $.16. I think this may be safer than any individual state market at similar prices (the 'NO' side of it, obviously), but it is almost equivalent to the top-level presidential markets (if Trump wins the white house, Republicans will almost certainly control congress as well).

Discospawn has issued a correction as of 17:07 on Nov 7, 2016

DMCrimson
Jan 2, 2005

Nap Ghost
Now I'm curious what the biggest spread between identical markets have been. Six cents between VP picks is pretty impressive but there must have been bigger ones.

Only registered members can see post attachments!

Elephanthead
Sep 11, 2008


Toilet Rascal
I have been selling off some of my more expensive yes dem and buying the cheaper no republican shares today. Kinda a pain to do have to check shares available and judge risk. You can also dump more expensive shares and get more share as your at risk drops. NC I am looking at you bastards state

dik-dik
Feb 21, 2009

DMCrimson posted:

Now I'm curious what the biggest spread between identical markets have been. Six cents between VP picks is pretty impressive but there must have been bigger ones.



When Florida was being crazy last week I regularly saw spreads of 8-10c.

30 TO 50 FERAL HOG
Mar 2, 2005



Kaine for VP is down a couple of cents right now. I'm gonna dump another $100 in

Edit: aaaand its back up

bawfuls
Oct 28, 2009

Can't believe PenceNo is still sub-80c at this point. Real tempted to dump more into it right now. This is undisciplined but it's not money that I couldn't afford to lose.

Agronox
Feb 4, 2005
I redeployed my GOP LANDSLIDE NO money to PA, FL, and a bit of NC.

Vox Nihili
May 28, 2008

Join me in Ohio for the fat gains, friends. Throw caution to the wind!

George H.W. Cunt
Oct 6, 2010





I did the safe hillary bets and threw some extra at florida my body is ready. please i want free money

Pentecoastal Elites
Feb 27, 2007

Zeta Taskforce posted:

What they have is extremely rudimentary. When the Billy Bush video came out I tried to write "Grab her by the pussy" in a comment and it got rejected.

But child porn? How dumb do you have to be? In order to be on there don't they have to know your real name, your real bank/credit card number, your social security number?

"If I post this, the site might get shut down! I won't lose all my money and will never be able to pay off the crippling debt I took on to put it all on TRUMP.370EV"

30 TO 50 FERAL HOG
Mar 2, 2005



Pence no is still under 80. I put a few more bucks in.

I guess republicans believe in redistribution of wealth after all

mlmp08
Jul 11, 2004

Prepare for my priapic projectile's exalted penetration
Nap Ghost

BiohazrD posted:

Pence no is still under 80. I put a few more bucks in.

I guess republicans believe in redistribution of wealth after all

I'm maxxed out and can't bet more on it :negative:

Nirvikalpa
Aug 20, 2012

by Fluffdaddy
Where should I put my last $10?

H.P. Hovercraft
Jan 12, 2004

one thing a computer can do that most humans can't is be sealed up in a cardboard box and sit in a warehouse
Slippery Tilde

Nirvikalpa posted:

Where should I put my last $10?

blue texas

BCRock
Dec 13, 2005
I'm huge in Japan

Go big or go home.

DMCrimson
Jan 2, 2005

Nap Ghost

c'mon, you have to keep it realistic

blue alaska

nachos
Jun 27, 2004

Wario Chalmers! WAAAAAAAAAAAAA!

Nirvikalpa posted:

Where should I put my last $10?

Rep NO in Utah imo

weekly font
Dec 1, 2004


Everytime I try to fly I fall
Without my wings
I feel so small
Guess I need you baby...



So what should us new guys (and potentially low buy-in traders) be looking to do to maximize on election night?

Nirvikalpa
Aug 20, 2012

by Fluffdaddy


This is pennies compared to a lot of people, but good luck to me!

I bet on

Presidential race in Alaska, Colorado, Florida, Georgia, Minnesota, Nevada, New Mexico, Pennsylvania, Utah, Virginia, Wisconsin
Vice President / Female president
Wisconsin senate race
Republican senate majority
Democrat landslide vote

Now to put in my sell orders

Necc0
Jun 30, 2005

by exmarx
Broken Cake

weekly font posted:

So what should us new guys (and potentially low buy-in traders) be looking to do to maximize on election night?

Wait for the FUD to hit during the day / as the results come in and keep a cool head & quick finger. Be careful to only play the sides of swings that you wouldn't mind being stuck holding in case the site crashes

theres a will theres moe
Jan 10, 2007


Hair Elf
Trucked in from the Trump thread. Just bought some Blue TX. Looking forward to reading all these posts.

Agronox
Feb 4, 2005

weekly font posted:

So what should us new guys (and potentially low buy-in traders) be looking to do to maximize on election night?

This is just my manner of trading anything, really, but I would just have everything locked in and ready to go by tomorrow morning and then don't even log in until Wednesday morning.

When it comes to button mashing, you're not going to beat the professional button mashers who have technical setups we don't.

But that's just me--it might be possible to sling around shares profitably as the results trickle in. I wish you luck!

30 TO 50 FERAL HOG
Mar 2, 2005



Turmpers are dumping yuuuge amounts of money into Pence yes right now. Get in while the getting is good

jarofpiss
May 16, 2009

in on tx, nc, oh, and ga for hillary she better not gently caress this up because my future as a politics gambler is at stake

theres a will theres moe
Jan 10, 2007


Hair Elf

BiohazrD posted:

Turmpers are dumping yuuuge amounts of money into Pence yes right now. Get in while the getting is good

:hfive:

I'm getting in on yes garland as well.

Social Studies 3rd Period
Oct 31, 2012

THUNDERDOME LOSER



this is a memorial to those who lost their money in the final t v c polling market

pi reminded you of one crucial rule:

never bet on polls

RIP

(edit: srsly tho that was a bullshit flip, RIP)

jarofpiss
May 16, 2009

should probably go to bed but i'm too enthralled watching my g/l fluctuate +/- $250 in seconds

Vox Nihili
May 28, 2008

jarofpiss posted:

in on tx, nc, oh, and ga for hillary she better not gently caress this up because my future as a politics gambler is at stake

We'll be rich soon, friend. Soon.

(I went with Arizona instead of Texas myself.)

Raivin
Jan 9, 2002
Pillbug

Social Studies 3rd Period posted:

this is a memorial to those who lost their money in the final t v c polling market

pi reminded you of one crucial rule:

never bet on polls

RIP

(edit: srsly tho that was a bullshit flip, RIP)

Was losing bigly til that final pre-Reuters spasm where several flips put me just barely into the black. I'm going to miss that market.

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Jonny 290
May 5, 2005



[ASK] me about OS/2 Warp
Signed up an account just to put money on Blue Texas because i love America. this is pretty neat.

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