Quote:
Originally Posted by adanthar
Betfair has a lot less fees and a lot higher possible amounts. At many of the books (not sure about Paddy) you'd be lucky to get £100 down on US markets without a line change, and I also really don't want to worry about getting backed off after winning 500 pounds or something ridiculous...
I'm just curious about the mechanics... I have no interest, and no handicapping insight, into betting the Donkeys and Elephants. FYI: I've never bet online, and I legally can't being a Californian. But...
- When you say 'getting backed off', I assume you mean the online books stop taking your action. Correct? They do that?
- Do you bet non-USA elections? Do you think there are general handicapping principles across nations-states?
- I just picked Paddy Power because that was the first google result. Does anyone have any idea of what limits the major online books take on US Politards. IIRC LF-Caliente takes something like $100.
- If you don't mind, can you compare Betfair's fees -vs- Predictit.
- If I went to Predictit, entered in $850, and mashed the 'buy' button, let's say of Trump at 73c... how can I tell ahead of time what actual amount(s) at what price(s) I'm going to end up with action at?
- As a practical matter, say on this year's Elephant race, how many dimes action can I get on a single horse using PredictIt?