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Has Anyone Used PredictIt?

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  • Has Anyone Used PredictIt?

    I just found out about this site, https://www.predictit.org/markets/3/Trump-Admin. They allow you to trade shares on the outcome of different political events.

    The value of your shares will change over time. You may decide to sell your shares later on, either to take some profit or stop a loss. Or, you can hold onto your shares until the market closes. At that point, if the event in the market has taken place, we’ll redeem ‘Yes’ shares at $1. If it has not, ‘No’ shares will have that $1 value instead.
    Seems fun. Anyone familiar with them? Are they reliable?
    "Those who would give up Essential Liberty to purchase a little Temporary Safety, deserve neither Liberty nor Safety."
    - Benjamin Franklin

    The new right wing: hate Muslims, preaches tolerance for Nazis.

  • #2
    looks like gambling to me.

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    • #3
      How much do you get for a "Maybe"?
      ARRRR! International Talk Like A Pirate Day - September 19th
      IN MARE IN COELO

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