Political Arbitrage is Awesome!

[Ace7550]

Love me some free money!

 

[jjgold]

Free
Money

It’s only worth it if you’re betting really big money

 

[Archie]

nice

 

[JDS]

Takes money to make money nice score.

 

[Ace7550]

I either win 2k or Trump wins. Still rooting for Trump

 

[djefferis]

Free
Money

It’s only worth it if you’re betting really big money

Free is free.

Unless you have other opportunities that make it not worth your time - any free money opportunity is worth pursuing.

The key to having “big money” to bet is compiling a bunch of small money opportunities over time. Too many gamblers try to make it all in one big score. Just as the house counts on their edge to wear you down over time - you must approach free money opportunities with the same philosophy - take the promos where they present themselves and compile profits long term.

 

[charliebrown]

Lots of fraud reports already

 

[djefferis]

I either win 2k or Trump wins. Still rooting for Trump

Why put it all on one possible outcome for a profit though - could have allowed yourself a chance of a profit AND a Trump win.

As much as you may be personally hoping for a Trump win - fact is you can’t spend feelings - only currency. The point of an arbitrage is to guarantee a profit or insure against an unfavorable event financially. For most - a Harris win will not directly result in an immediate financial loss (and for the small minority who do suffer - it would likely be well in excess of 2k).

Not saying I want to see either side win in this one - just reminding that the point of the game is to make money in ALL outcomes - not to profit only when your team loses.

 

[Ace7550]

Why put it all on one possible outcome for a profit though - could have allowed yourself a chance of a profit AND a Trump win.

As much as you may be personally hoping for a Trump win - fact is you can’t spend feelings - only currency. The point of an arbitrage is to guarantee a profit or insure against an unfavorable event financially. For most - a Harris win will not directly result in an immediate financial loss (and for the small minority who do suffer - it would likely be well in excess of 2k).

Not saying I want to see either side win in this one - just reminding that the point of the game is to make money in ALL outcomes - not to profit only when your team loses.

You are correct, I could have hedged it so that there is an equal profit either way. Usually, If I hedge a bet, I do exactly that.
In this case though, I want a silver lining if Trump loses.

 

[jjgold]

A lot of people now are manipulating the markets to make money tons of Democratic money or pouring in to get the arbs

 

[Wagerallsports]

In this case though, I want a silver lining if Trump loses.

Exactly my thinking and why I bet some on Kamala so that at least winning some money there’s one small positive thing to come out of it

 

[BMR Genie]

When are we going to find out the winner?

Tuesday, midnight?

 

[flyingillini]

When are we going to find out the winner?

Tuesday, midnight?

I do not know Po, I can't wait, we need to wish in our new President, Trump!

 

[Ace7550]

When are we going to find out the winner?

Tuesday, midnight?

Probably not. If you remember, last time Trump was way ahead, then they stopped counting and everyone went to bed, and then Biden "won"

 

[BMR Genie]

I do not know Po, I can't wait, we need to wish in our new President, Trump!

I found some info here, Fly.

US election dates: When is polling and results?

This year's race for the White House will be one of the most unusual - and historically consequential - the nation has seen

www.telegraph.co.uk

 

[BMR Genie]

Probably not. If you remember, last time Trump was way ahead, then they stopped counting and everyone went to bed, and then Biden "won"

Looks like the trickiest time is not the election day, but the post-election.