Am I stupid?As many of you already know Kalshi is an exchange platform where you can bet on yes/no questions.Seeing than you can earn up to 3.25% interest on your money down and trading fees on trades above $100 are capped at 1.75%, knowing that, Gavin Newsom will never be president in 2028 so would it be silly of me to lump on him not being elected at 80% making a 20% profit on what I have down plus 3.25% interest on my money?Would someone be able to elaborate on why this seems like a risk free investment
Gavin Newsom will be the next presidentprediction markets are heavily biased for populists
Where's Stephen Miller?
>>61838698Probably in redacted sections of the Epstein files
Locking your money up for years and years is just dumb. Find the value bets for this season, win and cash out, then put the returns into the next bet. Compounding
>>61838665Where is Trump?Are people stupid?
>>61838735thisyou can earn 13% by buying No shares in a republic house and senate majority this midterms
still mad I didn't bet on trump winning at ridiculous odds in 2016
>>61838779Political betting on PredictIt/Poly/(now Kalshi) is my favorite betting. It's actually possible to win consistently because the markets are so fucked inefficient, and biased. I won in 2018, 2020, lost overall by a bit in 2022 (went against one of my big rules which is to generally avoid gubernatorial races), won big in 2024.I'm conservative so I only back "my side" but I'm not dumb about it. I look for specific states/races that are clearly getting fucked up by the media hype machine and wishful thinking. In 24 they were still giving 70% for Trump in FL so something like that was just a slam dunk. But GA/AZ have had weird discrepancies in their polling vs results so I avoid states like that.
>>61838779A couple british shitheads I know bet against and were bragging about their easy money all day. It was hilarious when they woke up the next morning to the realization.Those were fun days. We still had hope for painless solutions.
>>61838826pretty fun coming from the miserable island shithole that left the EU and has reform winning a landslide in every polllet me guess they were faggot urbanites?
