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Trump Crashing on Polymarket
Polymarket ^ | 11/1/24 | traderrob

Posted on 11/01/2024 4:56:45 PM PDT by traderrob6

Donald Trump has lost close to 10 points on the Polymarket betting site in less than 24 hours.

(Excerpt) Read more at polymarket.com ...


TOPICS:
KEYWORDS: bettingmarkets; concerntrolling; crashing; fakenews; polymarket; trump; trumpsgonnawin
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To: traderrob6

Im sure they give odds. The bookies make money on the vig. Not who wins.


121 posted on 11/01/2024 9:06:53 PM PDT by unclejohncornbread (Unclejohn)
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To: traderrob6

“WTF gives?”

simple financial manipulation by astroturfers ...

political betting markets are parimutuel type betting, that is, all bettors bet against each other, not the house, and the odds constantly fluctuate based on the amount of money one side or the other is willing to pour in ...

despite all the recent nonsense about the prescience of political betting markets, political betting has NEVER been an accurate predictor of election outcome ... all they do is indicate how much astroturfing each side is willing to engage in ...

really, political betting markets are little different than online opinion polls where whomever wants to can opine, except that with betting markets one has to pay actual money to opine ...

i actually made a fortune betting on Trump in 2016 because astroturfers drove the odds for hillary winning through roof, FAR higher than the probabilities indicated by actual polls ...


122 posted on 11/01/2024 9:11:26 PM PDT by catnipman ((A Vote For The Lesser Of Two Evils Still Counts As A Vote For Evil))
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To: God luvs America

https://www.realclearpolling.com/betting-odds/2024/president

It’s 59 to 40 four days out.

Was never gonna stay at 65 to 35.

People start betting to see if they can make a buck..they’ll lose :) but that’s how people are...more to be made betting harris

even with that, it’s 20 point difference. well 19


123 posted on 11/01/2024 9:13:38 PM PDT by dp0622 (Tried a coup, a fake tax story, tramp slander, Russia nonsense, impeachment and a virus. They lost.)
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To: Kudsman

When is post time?


124 posted on 11/01/2024 9:17:42 PM PDT by TBP (Decent people cannot fathom the amoral creulty of the Biden-Harris regime.)
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To: VTenigma

Re Pennsylvania: My family lives in Democrat Allegheny County, PA. Mom’s application for mail ballot went out late, but they say they received it on Wed. 30 Oct... Late Friday night, they sent an email to her saying they’re “preparing” her ballot for mailing, & if she doesn’t get it in seven days, contact them... She is registered GOP...


125 posted on 11/01/2024 9:26:45 PM PDT by PghBaldy (12/14/12 - 930am -rampage begins... 12/15/12 - 1030am - Obama team scouts photo-op locations.)
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To: Sarah Barracuda
"That’s NOT crashing..its evening things out..honestly you can throw in millions of dollars on Harris and change the scale its no big deal."
Exactly.

And most of these election "articles" are little more than click bait. Then they get regurgitated here.

126 posted on 11/01/2024 10:18:22 PM PDT by citizen (Political incrementalism is like compound interest for liberals - every little bit adds up.)
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To: laconic

“The 10 electoral votes of Wisconsin would give Trump 269 or a tie in the Electoral College; add in the six electoral votes of Nevada and Trump wins at 275”

No. The 10 electoral votes of Wisconsin would put Trump over the top at 272 even without Nevada.


127 posted on 11/02/2024 12:28:24 AM PDT by willk (Local news media. Just as big an enemy to this country as national media)
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To: traderrob6
Trump was also leading in Wisconsin and Michigan.

In a 48 hour period, Polymarket bettors reversed both states.

Kamala now has a gambler odds lead in Wisconsin and Michigan.

Trump still leads in Pennsylvania, but his large lead is now dramatically smaller.

The only issue that makes sense to me is the completely valid concern about Democratic Party voter fraud in those three swing states.

128 posted on 11/02/2024 1:34:52 AM PDT by zeestephen (Trump "Lost" By 43,000 Votes - Spread Across Three States - GA, WI, AZ)
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To: Schatze
Re: "Maybe Soros or Mark Cuban put a finger on the scale."

I think that is unlikely.

Almost $3 billion wagered on the Polymarket Presidential Election.

In other words - it takes a $30 million bet to move Polymarket 1%.

129 posted on 11/02/2024 1:45:15 AM PDT by zeestephen (Trump "Lost" By 43,000 Votes - Spread Across Three States - GA, WI, AZ)
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To: zeestephen

The cheat is on like Donkey Kong


130 posted on 11/02/2024 1:45:49 AM PDT by 38special (The government is ruining our country!)
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To: gas_dr
Where do you buy-sell puts and calls for the 2024 Election?
131 posted on 11/02/2024 1:53:50 AM PDT by zeestephen (Trump "Lost" By 43,000 Votes - Spread Across Three States - GA, WI, AZ)
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To: zeestephen

Polymarket is strictly international and non-US “ investors”. There are ways US citizens can bet (also only crypto), but out of not legal to do so.


132 posted on 11/02/2024 3:07:15 AM PDT by Tuxedo (Floating garbage)
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To: Tuxedo

Damned typos…. It is illegal for the US citizens to bet politics on Polymarket


133 posted on 11/02/2024 3:08:38 AM PDT by Tuxedo (Floating garbage)
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To: packagingguy

That would have been my guess - more evidence of the steal underway is beginning to surface.


134 posted on 11/02/2024 3:09:56 AM PDT by P.O.E. (Pray for America.)
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To: traderrob6

We are entering the red zone and batters are getting nervous. They are simply hedging their beds. A week out two weeks out it’s easy to throw your money down on a horse. Not so easy five minutes before a race. Happens every day in the stock market. Start market zooms all day long and then a half an hour before the closing bell the market starts to tighten up. Trump +6 all day long.


135 posted on 11/02/2024 3:21:41 AM PDT by Hammerhead
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To: Paladin2

“Markets are not totally rational.”

There was a story yesterday about someone — Soros, I think — hiring people to manipulate Polymarket.

Can’t let this mind game detract people enough to change their votes.


136 posted on 11/02/2024 3:26:06 AM PDT by MayflowerMadam (I'm voting for the felon with the pierced ear.)
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To: cgbg

Baris isn’t as flawless as he’s often made out to be. I don’t know why is held in such high esteem.


137 posted on 11/02/2024 3:27:27 AM PDT by MayflowerMadam (I'm voting for the felon with the pierced ear.)
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To: ridesthemiles

At this point ads are worthless and seriously doubt there is anyone who will be swayed by anything.

What matters now is voting turnout and fraud


138 posted on 11/02/2024 3:59:35 AM PDT by blitz128
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To: traderrob6

Books just want even action. So they move a line to bring in more bets one way or the other.


139 posted on 11/02/2024 3:59:59 AM PDT by MrRelevant
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To: zeestephen

Robinhood trading platform is the only place I’ve seen


140 posted on 11/02/2024 5:30:06 AM PDT by gas_dr (Conditions of Socratic debate: Intelligence, Candor, and Good Will)
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