Quote:
Originally Posted by .Alex.
No.
This thing where you guys take any statement that implies a confidence different from what the great PREDICTIT.COM says and immediately offer bets is ridiculous and pathetic.
Then when Victor makes an obvious joke making fun of this absurd practice, spending a page discussing what the consequences for his SERIOUS TRANSGRESSION should be just makes you all look like busto losers.
The fact that this is on gambling forum where peoples ought to be able to discern what a real bet looks like makes it a million times worse.
What? This is silly.
Predictit says Trump has a 29% chance to win in 2020. This is a thinly traded market and there's a huge error bar on it. The error bar is so big that it's pretty reasonable to think that Trump's chances are actually 15% or 45%. In fact, if you said "Trump has a 45% chance to win", I doubt anyone would call you out on it (I mistakenly said he was 40% yesterday and no one called me on it).
Alternatively, you can state some legitimate reasons why you think a market is wrong. "I live in district X and congressional candidate Y is turning out the black vote better than expected; I think the market might be misvaluing this" is good analysis! Note, "Russians" and "riggage" are not valid reasons why a market could be wrong.
What's destructive to the conversation is when people say "TRUMP IS A LOCK" with no real (or, very low level) analysis to back it up. When this happens, the fact that they can be called on their bull**** by having a bet proposed to them is absolutely a figure and not a bug. It deters morons from posting any old hot take. If ESPN made Skip Bayless back up all of his hot takes with his wallet maybe it would be somewhat watchable.
Finally LOL @ you calling people trying to scoop action "busto losers", rep was taking a (admittedly long) shot at $7k in EV for like 10 seconds of work, I'm sure you're rich enough to not care about that kind of money though.