Originally Posted by
abrown83
Druff,
I can't believe how -EV of a play you are making on the Biden bets. It actually hurts me personally to know you would do this.
You are only considering the win side of the equation.
What about the losing side of the bet?
Let's say you had a stop loss at $.10 on PredictIt.
So you have picked up another 50% EV, which significantly outweighs the PredictIt fees.
At this point the only people I see winning the nomination are:
Booker
Mayor Pete
Tom Steyer
Klobuchar
Clinton
November will be telling, but I think Pete is going to win Iowa.
One of these second tier candidates is going to get hot in the weeks leading up to Iowa, if it's not Pete I am guessing it will be Booker or Klobuchar (both are better candidates than Biden and if they can get his support they could tidal wave the nomination).