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Definitely for Predictit.org, those are real time money lines based on buy/sell of live bets
I had thought that betting on such things was more of a Euro thing, I know you can bet on sports etc. in the US I just didn't know they had odds on that stuff too.
With that said, on-line gambling like that is illegal in most states so wouldn't this reflect only upon bettors that have access to states like NV and NJ + ?????
Again, just finding this interesting and curious as to how predictive this may be.
(I frankly don't care whom wins, that's for VA to figure out)
With that said, on-line gambling like that is illegal in most states so wouldn't this reflect only upon bettors that have access to states like NV and NJ + ?????
PredictIt is using some sort of legal loophole as a research tool or something so it's not technically gambling even though it is. All stakes are limited to $850 max but what I like about it is you can buy and sell at any time when the odds go up or down. This was like THE site in last year's 2020 election
PredictIt is using some sort of legal loophole as a research tool or something so it's not technically gambling even though it is. All stakes are limited to $850 max but what I like about it is you can buy and sell at any time when the odds go up or down. This was like THE site in last year's 2020 election
Thanks for the explanation.
Is the current data point the cumulative position or just the recent betting?
Nobody is going to give you any sort of respect after 4 years of Blue Anon conspiracy theories that Putin rigged the election for Trump and controlled him with secret pee pee videos of hookers with him in a Moscow elevator.
It is not legitimate to be so adamant for 4 years about election fraud and then on a dime to insist there is 0% possibility and anyone who dares question anything is a threat "to our democracy"
You have no credibility
^^^^^ Whataboutism, and a deflection.
The truth doesn’t know political parties.
That posters points could just as easily be made by an never Dem voting Independent rather than by a Democrat.
As of now those betting odds are 52.9% for Youngkin and 47.1% for McAwful.
Predictit has Youngkin at 55 and McAwful at 49.
Am I missing something?
I think it was profit taking.
It is a close election and people who bet on Youngkin could sell their shares for a huge profit early because his stock has risen a lot in recent weeks, which:
A) Guarantees a nice payout with the downside of missing out on a bigger payout if Youngkin wins but avoiding a total loss if he loses.
And
B) At least temporarily drives down the odds of Youngkin based on their system as there is selling pressure from profit taking.
Exit polls were awful for him. Race baiting and such (phoney CRT and trans issues) still works. Expect the pubs to keep working it all the way to Nov '22.
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