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Betting on Elections thread Betting on Elections thread

03-30-2016 , 02:37 PM
LOL ****.
03-30-2016 , 02:40 PM
Quote:
Originally Posted by maxtower
Paul Ryan RNOM16 keeps moving up. So weird. He has moved up a little on both betfair and predictit in the last couple days.
Trump faltering = RYANMENTUM (KASICHMENTUM seems to be dying everywhere except PA)
03-30-2016 , 02:48 PM
With just over 26 hours to go, the "Will Yatsenyuk still be PM of Ukraine" market is still trading only in the 80s. I don't have any shares but it's still endlessly fascinating to look at.
03-30-2016 , 03:12 PM
Quote:
Originally Posted by goofyballer
With just over 26 hours to go, the "Will Yatsenyuk still be PM of Ukraine" market is still trading only in the 80s. I don't have any shares but it's still endlessly fascinating to look at.
Yeah, this one was swingy, probably decent money to be made if you had any understanding of Ukranian politics, language and news sources.
03-30-2016 , 03:15 PM
Quote:
Originally Posted by goofyballer
With just over 26 hours to go, the "Will Yatsenyuk still be PM of Ukraine" market is still trading only in the 80s. I don't have any shares but it's still endlessly fascinating to look at.
I have 3k NO shares at an average price of 9. I've been following this super closely, and am up like $300 from trading it the past 48 hours, so my NOs are a free-roll.

A vote tomorrow sounds like a strong possibility from everything I am reading.

In other news, the Wisconsin poll leaked early. That was fun trading that.

Looks like Trump is a very large underdog to get to 1237 from pledged delegates (assuming he only gets 3 or 6 delegates in Wisconsin), and his chances of being the nominee have plummeted in the past week.
03-30-2016 , 03:16 PM
Quote:
Originally Posted by goofyballer
Trump faltering = RYANMENTUM (KASICHMENTUM seems to be dying everywhere except PA)
Still no chance in hell for anyone not named Trump/Cruz. I think it's something like 85/15 now, 80/20 if Cruz wins WI big, 95/5 if Cruz loses.
03-30-2016 , 03:16 PM
It ain't a freeroll until you sell $300 or so worth.
03-30-2016 , 03:20 PM
Quote:
Originally Posted by iron81
It ain't a freeroll until you sell $300 or so worth.
I've banked $300, mostly betting on YES. Now I'm betting on NO and only have $270 at risk.
03-30-2016 , 03:22 PM
Quote:
Originally Posted by adanthar
Still no chance in hell for anyone not named Trump/Cruz. I think it's something like 85/15 now, 80/20 if Cruz wins WI big, 95/5 if Cruz loses.
You really need to be careful, Trump is on the precipice here.

If he doesn't get to within spitting distance of 1237, he'll be drawing absolutely dead in Cleveland.
03-30-2016 , 03:45 PM
Quote:
Originally Posted by adanthar
Still no chance in hell for anyone not named Trump/Cruz. I think it's something like 85/15 now, 80/20 if Cruz wins WI big, 95/5 if Cruz loses.
Oh for sure, if I had more money on PI I would be buying tons of Ryan No, as it stands I'm already heavily invested in Kasich No
03-30-2016 , 03:54 PM
Quote:
Originally Posted by goofyballer
Oh for sure, if I had more money on PI I would be buying tons of Ryan No, as it stands I'm already heavily invested in Kasich No
I'm all in on Ryan NO and have a position on Kasich NO.

In other news I saw someone on there had $30 in negative risk in a market. I am trying to get there, but it's hard.

So far:
"Your risk in this market: ($3.86)"
03-30-2016 , 03:56 PM
Quote:
Originally Posted by domer2
You really need to be careful, Trump is on the precipice here.

If he doesn't get to within spitting distance of 1237, he'll be drawing absolutely dead in Cleveland.
I've bet on/hedged Cruz enough along the way that I'll be fine no matter what. The time to sell Trump will be April 27th IMO.
03-30-2016 , 04:04 PM
Quote:
Originally Posted by goofyballer
Oh for sure, if I had more money on PI I would be buying tons of Ryan No, as it stands I'm already heavily invested in Kasich No
if you already have No shares in Kasich, other No shares in a linked market will cost you nothing (in fact, they'll put cash in your account).

the market is linked for shorting purposes
03-30-2016 , 04:09 PM
Oh, right, I forgot! HERE I COME PAUL RYAN
03-31-2016 , 12:08 PM
Kasich seems like a good buy at $.23 in PA.
03-31-2016 , 12:24 PM
Any updates in PA besides that one poll that showed him doing well?

lolol Paul Ryan up to 14.
03-31-2016 , 01:39 PM
Quote:
Originally Posted by microbet
Kasich seems like a good buy at $.23 in PA.
I guess Rubio wasn't in the race at the time, but Kasich didn't win any PA border counties in Ohio.
03-31-2016 , 02:02 PM
Cashed out Bern WI and got in WI MOV +5 market (yes obv). Think he wins by 10 quite easily. Still 5 days left before the primary
03-31-2016 , 02:16 PM
Anyone play the Obama approval ratings market? Because holy **** market moves.

I'll probably end up 10-15% up this week across all the buys/sells but doesn't feel like it's worth the time and effort.
03-31-2016 , 02:27 PM
Is there rhyme or reason to when RCP updates the start date for their rolling average period on the Obama approval market? How fast do the swings take when a new poll comes out?

Seems like it could be fun.
03-31-2016 , 02:38 PM
Quote:
Originally Posted by mmbt0ne
Anyone play the Obama approval ratings market? Because holy **** market moves.

I'll probably end up 10-15% up this week across all the buys/sells but doesn't feel like it's worth the time and effort.
I play it every week as a trader, not really picking sides.
03-31-2016 , 02:41 PM
Seems like there are some intricacies specific to that market I'd have to learn first, though.

Like, right now the average is at 48.9, any poll higher than that which doesn't wipe out a previous good poll (seems unlikely based on which current polls are 49+ and release frequently enough that a newer one could come out) sends it into the 49.0-49.4 bracket. Despite that, the 49+ bracket is dead and sinking, while the under 48.5 bracket is still at 20. Why? Without understanding that I'd be lighting money on fire trying to play there, I imagine.
03-31-2016 , 02:48 PM
Quote:
Originally Posted by goofyballer
Seems like there are some intricacies specific to that market I'd have to learn first, though.

Like, right now the average is at 48.9, any poll higher than that which doesn't wipe out a previous good poll (seems unlikely based on which current polls are 49+ and release frequently enough that a newer one could come out) sends it into the 49.0-49.4 bracket. Despite that, the 49+ bracket is dead and sinking, while the under 48.5 bracket is still at 20. Why? Without understanding that I'd be lighting money on fire trying to play there, I imagine.
Yeah, I think the first couple steps would be to
1. figure out a rough schedule for the various pollsters
2. figure out how soon RCP updates their average with a new poll
3. figure out RCP's replacement algorithm when a new poll comes in.
03-31-2016 , 02:57 PM


Here's my Obama approval screen shot. Negative Risk = $9.99!
03-31-2016 , 02:59 PM
I only bet the Obama approval market to arb it and then forget it. Made $1.26.

Last edited by iron81; 03-31-2016 at 03:05 PM.

      
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