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Gamblers stake $150M on election, bet the farm on Biden
Washington Examiner ^ | 10/12/2020 | Paul Bedard

Posted on 10/12/2020 10:56:27 PM PDT by LibWhacker

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To: LibWhacker

I’m just trying to remember the odds in November of 2016....what was it...92-percent chance of Hillary winning?

The polling system is dead...probably for over twenty years.


21 posted on 10/13/2020 12:01:06 AM PDT by pepsionice
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To: LibWhacker

And a bigger majority of bettors lost big time in 2016
they are just listening to msm

-its the same reason why the favorite in a horse race wins only 33% of the time- in other words 67% of the time the majority of money is wrong (the favorite in a horse race is only the favorite if a majority of $s are bet on it thanks to parimutuel system)

When I hear Biden is up +12 or +14 I ask lefties, do you think Biden will win by that much, sure they say!

Ignorign that it i s an electoral election, I say ok, give me Trump and 10 points nationally and I will bet you $1,000 -they all say-no,
nobody will take the bet


22 posted on 10/13/2020 12:08:23 AM PDT by TECTopcat (e)
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To: LibWhacker
Heavy betting reduces the payout for Biden making a small bet on Trump giving HUGH odds. So, u lose some money on the Biden bet to sucker more people in while making a killing on the other side by betting on a Trump win.

Simple gaming strategy!

23 posted on 10/13/2020 12:23:31 AM PDT by Herakles (Diversity is applied Marxism!)
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To: LibWhacker

Must be a bunch of professor types from east anglia.


24 posted on 10/13/2020 12:27:23 AM PDT by Track9 (English language instruction in china is sponsored by the CCP to facilitate espionage.)
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To: gasport; olivia3boys
I worked the last Census operation, NRFU, without a mask - contrary to orders.

Seven weeks of close contact.

25 posted on 10/13/2020 12:30:18 AM PDT by kiryandil (Chris Wallace: Because someone has to drive the Clown Car)
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To: pepsionice
Wow, I'd forgotten it was that high. But you're right; check THIS out.
26 posted on 10/13/2020 12:37:10 AM PDT by LibWhacker
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To: LibWhacker

And the majority of Europeans thought that by selling out some other country to Hitler at Munich that “There will be peace in our time”. Surprise, surprise.

Old American say, Europe, “A fool and his money are soon parted”. No US loans to fools anymore.


27 posted on 10/13/2020 12:57:57 AM PDT by MadMax, the Grinning Reaper
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To: LibWhacker

Gonna be a lot of gamblers crying in their beer as Trump wins.


28 posted on 10/13/2020 1:19:55 AM PDT by Boomer (Leftists/Leftism ruins everything it touches.)
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To: Drew68

Wow! That’s a good payout. Wished I had known that before. Went to another site where they actually had Biden winning at a pretty good margin. Still, I put my money (Renminbi - whatever currency that is) on Trump.


29 posted on 10/13/2020 1:31:11 AM PDT by tsowellfan (https://twitter.com/cafenetamerica)
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To: Drew68

I’m very concerned if Trump loses. The Dems will not hesitate to go full bore on their agenda, not letting the opportunity go to waste this time around.


30 posted on 10/13/2020 3:04:28 AM PDT by Jonty30 (What Islam and secularism have in common is thp at they are both death cults.)
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To: LucienCA13

See predictit.org if you want to bet. Trump to win EV is at $0.40 with a $0.95 payout. Trump to win PV is at $0.20 with a $0.95 pay out. In 2016 I bet $830 and got paid $2,775

xxxxxxxxxxxxxxxxxxxxxxxx

looks like odds of trump EV & pop vote win this year is stronger than 2016?

looks like free money?

do you suppose some one has to be certified with TDS before they vote for quid pro joe?


31 posted on 10/13/2020 4:35:51 AM PDT by thinden
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To: LibWhacker

And the Nobel Prize Committee awarded Obozo the Prize because of his ‘\”potential”...which never materialized and which thereby degraded the value of the prize...bigly.


32 posted on 10/13/2020 5:12:27 AM PDT by trebb (Don't howl about illegal leeches, or Trump in general, while not donating to FR - it's hypocritical.)
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Money laundering.


33 posted on 10/13/2020 5:25:10 AM PDT by USCG SimTech
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To: LibWhacker

69.25% + 33.33% = 102.58%

?


34 posted on 10/13/2020 8:46:24 AM PDT by moovova
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To: Jonty30
He is showing us the world believes Biden will win.

Nope.

The bets are not placed by the world but by NGOs who are influencing the election by placing a few bets.

You should read Jon Stossals article on this in 2016. he also believed the bets showed the wisdom of crowds until it was shown that its super easy to manipulate.

Which people were telling him before the election but it is hard to break out of your own template.

35 posted on 10/13/2020 8:55:15 AM PDT by Harmless Teddy Bear (And lead us not into hysteria, but deliver us from the handwashers. Amen!)
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To: LibWhacker

The democrats rigging is looking worse by the day odds changing.


36 posted on 10/13/2020 9:24:38 AM PDT by Vaduz (women and children to be impacIQ of chimpsted the most.)
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To: Jonty30
I’m very concerned if Trump loses. The Dems will not hesitate to go full bore on their agenda, not letting the opportunity go to waste this time around.

They won't waste any time. Liberals enjoy leading. They're comfortable. Republicans like being the minority party and complaining. They still get paid. There will be no #NeverBidens to hobble the newly-elected president from within his own party. They'll circle the wagons.

37 posted on 10/13/2020 9:33:04 AM PDT by Drew68
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To: moovova

I’m guessing those are the estimated chances of winning, and if you think of confidence intervals, there’s bound to be some overlap.


38 posted on 10/13/2020 10:57:29 AM PDT by LibWhacker
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To: LibWhacker

I didn’t consider the over/under, but you’re right, it wouldn’t be exactly equal to 100%.


39 posted on 10/13/2020 1:00:31 PM PDT by moovova
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To: LibWhacker

Easiest bet I ever made.
I will win $150 million when Trump wins : )


40 posted on 10/13/2020 3:53:17 PM PDT by minnesota_bound (homeless guy. He just has more money....He the master will plant more cotton for the democrat party)
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