How to Make Money on the Presidential Prediction Markets

Discussion in 'BlackHat Lounge' started by trooper, Oct 19, 2012.

  1. trooper

    trooper Regular Member

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  2. krishparmar83

    krishparmar83 Jr. VIP Jr. VIP

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    Create facebook voting apps (or buy from code canyon) and share everywhere. Grab basic info with email address of facebook voter, now you have database, send email with offers.
     
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  3. Roparadise

    Roparadise BANNED BANNED

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    Or you could just go to http://www.paddypower.com/bet/politics/other-politics/us-politics?ev_oc_grp_ids=482041
     
  4. partymarty4870

    partymarty4870 Elite Member

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  5. danizdeman

    danizdeman Regular Member

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    who are you betting on?


    I can't believe Romney has those odds against him... 187% return o_O
     
  6. Roparadise

    Roparadise BANNED BANNED

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    For being an MIT student he seems a little arrogant and stupid at some things. US citizens can gamble online you just need a foreign address and non u.s. currency bank account.
     
  7. partymarty4870

    partymarty4870 Elite Member

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    I'm an aussie - so don't have much of an idea whats going on in US politics. But usually I follow the money. (in an election 2 horse race - the favourite nearly always wins)
     
  8. partymarty4870

    partymarty4870 Elite Member

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    In gambling the best situation to be in is one that you cannot lose. Elections, like cricket, have wild swings in favouritism. I try to get myself in a situation where I'll win whatever the result. The last Aussie election resulted in a hung parliment, it was that close, but in the leadup to it I managed to get $2.50 and $2.60 on both sides respectively. These prices can swing on the results of a debate, or even a good soundbite from one of them.

    Use betfair rather than bookies - the markets are much more volatile.