That site works via a stonk system. You basically buy shares of a bet and sell them later on, ideally when the odds improve in your favor.

This seems easily exploitable.

  • grilldaddy [she/her]
    ·
    edit-2
    4 years ago

    https://www.predictit.org/markets/detail/6991/Will-Elizabeth-Warren-be-confirmed-to-a-Cabinet-position-by-Mar-1

    lmao 99 to 1 that :warren-snake-green: is not in biden's cabinet by March

    • The_word_of_dog [he/him]
      hexagon
      ·
      edit-2
      4 years ago

      I'm in at 5 to 95 on joe convicting trump in the first 100 days.

      Obviously it's not going to happen but I feel like it'll go up at some point due to some scandal and I'll cash out then.