Does anyone actually make money long term on polymarket without insider knowledge? Everyone I know that got into prediction market trading lost a shit ton of money.
>>62150813It is a casino. I 20xed my 50$ test amount on BTC 5 min bets and then blew it back down and then back up again over a day or two.None of the other predictions are interesting or fast moving enough to profit from.
>>62150813I make money in mma by watching a couple of channels on youtube and then placing bets based on the consensus on value bets. But i dont make much i make more trading and its less stressful.
>>62150813>basic bitch gambling>but against insiders on a rigged platformRetard award
>>62150813you mean gambling
>>62150813No you idiot.
Polymarket is just the newest pipe to transfer wealth from goycattle to smallhats as quickly as possible.
>>62150853You're supposed to gamble with the insiders, not against them.
>>62150813I'm doing well. You just have to bet on high-probability things that other people are betting against because of their feels.So far my only major loss was the 2020 election, which was stolen through ballot fraud financed by Mark Zuckerberg. Even with that major hit, I've still more than doubled my money.Just a few of my greatest triumphs:* Kyle Rittenhouse being acquitted* Biden pardoning Hunter* Biden dropping out of the 2024 election* Kamala losing to Trump
>>62150813no crying in the casino
>>62150813If you want an almost total lock that will get you a 1.5x on your bet, here it is:https://kalshi.com/markets/kximpeach/president-impeached/kximpeachCurrent odds 67% that Trump will be impeached before January 1, 2028. Which is stupid because the odds are 100% that it will happen. The Dems are going to retake the House, and they have already promised repeatedly that they will file for impeachment. FFS during his first term they impeached him twice in the two years that they had control of the House.Now, the Senate isn't going to have 67 Democrats seated to vote to convict him, but that doesn't matter, he's still impeached as soon as the House votes to impeach him.The only ways this doesn't win are: (1) somehow Trump pulls a miracle and the House remains Republican, (2) Trump drops dead before any such vote is held, or (3) there's sneaky wording in the specific terms that make it contingent on conviction or space aliens landing or Zombie Jesus rising from the dead.Note that this is on Kalshi so if Trump were to be assassinated I think they would void the bet. IIRC that's what they did to the "Will Khameini remain in charge of Iran?" bet a couple of months ago; because he was murdered, the bet didn't resolve the way people wanted/expected it to. I may be incorrect about this. Also, I don't know what they would do if he keeled over of natural causes, but I would expect the market to be allowed to resolve normally as a "no" in that case.
>>62151664Shitlib retard apparently not tired of being wrong and losing yet. When will you learn not to bet against Trump? When will you be humiliated badly enough to learn your lesson?
>Start doing this
>>62150813More importantly how on earth is this platform popular when it's buggy as fuck?
>>62151790was this guy reading chainlink threads 8 years ago?
>>62150813Sure, but algorithmically, not by gambling. My bot has extracted 13,697.38 net profit from poly over the last two months. But as of 5 days ago most of my strategies stopped working. I've just stopped them all except my best one and will papertest them for a while a bit later to see if I can rescue any
>>62150813Only two types of people use Polymarket:1. People with insider knowledge2. Lower IQ morons that bet their money on things. These people keep playing until they lose everything.
>>62151664good tip, I don't see any red flags in the contract >Payout Criterion: The Payout Criterion for the Contract encompasses the Expiration Values that the U.S. House of Representatives has passed a bill impeaching the President of the United States after Issuance and before <date>I agree that 2028 seems like a good bet, though not guaranteed. There may be less interest in impeachment this time around since it accomplished nothing in his first term, and the fact that republicans did not vote to remove him from office after january 6th showed it will have to be something FAR more egregious than even that, which is unlikely to happen. At least I hope it doesn't.>>62151747I think you misunderstand. Impeachment is an act of the house, it is not the same as removal from office. That requires a senate trial with 2/3 of the senate voting for removal. Trump was impeached twice during his first term but never convicted.
Why the fuck are there so many browns on this board holy shit. I know you're brown because Americans should just be using Kalshi, which doesn't require a fucking vpn. No shit you retards aren't making money on the "outcome can be wrong but whales say it's right" website.
>>62154801Given that your algos stopped being profitable can you give some general insight into the approach you used?
>>62150836Can you elaborate on what you bet on specifically in MMA? Why do you use Polymarket instead of DraftKings or whatever?
I love how its called a predictions market and not an online casino.
What about just coping the White House whale trades?
