Isn't this basically a free 6% or am I missing something?
>Polymarket paid shills on bizhow do I short Polymarket
>>61917238They won't be releasing concrete proof until tomorrow
>>61917244ok but seriously though are the fees/spread etc. higher than 5%?
>>61917238LOL. It's only "free 6%" if he's already out.I bought the June 30 "he's fucked" contracts a few weeks ago. I just cashed out a little less than 1/8th of my position to hedge the price, since it went from 43% to 6%.I'm not sure that I'm mathing correctly, but I had 97 contracts which I paid $47.something for ($50 minus the fees, which I guess were $2.something). I guess if I hodl until the end and he's out, I'd end up making $97, but this way I'll limit my upside to only $96 (minus $50 initial buy price, so really $46) but I'm guaranteed to lose at most $31.Or something like that.>>61917265IDK if they take fees on both ends. If so, they're a little over 5%. If not, then they're under 3%.Note, I'm stuck using Gemini as my intermediary because FUCKING POLYMARKET STILL HASN'T ONBOARDED AMERICANS even though I've been on their waitlist for three fucking months.At least I've got some exposure due to Gemini's partnering up with Polymarket, but hardly any bets are available.
>>61917238BTW, why weren't you betting on this market two weeks ago when people on /pol/ were showing photographs of U.S. aerial refueling tankers staged in Eastern Europe for the purpose of this attack? Even if Khameini isn't "out" (or dead), any idiot should have realized that an attack on Iran would cause this bet to react violently in a profitable manner.