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-   -   Anyone tried making money in the prediction markets (https://www.aspkin.com/forums/everything-else/90162-anyone-tried-making-money-prediction-markets.html)

jrandleww 10-09-2015 10:46 AM

Anyone tried making money in the prediction markets
 
Am I the only one here that making and losing a little money over at Predictit.com ?

slokor 10-09-2015 03:57 PM

Re: Anyone tried making money in the prediction markets
 
Sure would seem like it lol

MM78 10-09-2015 05:26 PM

Re: Anyone tried making money in the prediction markets
 
I just made $100,000 on predictit.com and so can you!

jeffweico 10-09-2015 05:34 PM

Re: Anyone tried making money in the prediction markets
 
I've made a little money, I do that sometimes for fun, but it is gambling. Not suitable for a business plan.

unkown5454 10-09-2015 10:26 PM

Re: Anyone tried making money in the prediction markets
 
play in the real market like an adult.

rsot 10-10-2015 08:50 AM

Re: Anyone tried making money in the prediction markets
 

xhan 12-03-2015 01:04 PM

Re: Anyone tried making money in the prediction markets
 
clever gambling site, expect to loose in the long run

rsot 12-04-2015 01:41 PM

Re: Anyone tried making money in the prediction markets
 
The House always wins eh? :mad2:

luckoftheirish93 12-05-2015 06:42 PM

Re: Anyone tried making money in the prediction markets
 
gamblers always lose, never heard of a rich man that gambled yet

rsot 12-06-2015 09:21 AM

Re: Anyone tried making money in the prediction markets
 
Quote:

Originally Posted by luckoftheirish93 (Post 726476)
gamblers always lose, never heard of a rich man that gambled yet

Aspkin /nod

jeffweico 12-07-2015 12:42 AM

Re: Anyone tried making money in the prediction markets
 
Quote:

Originally Posted by luckoftheirish93 (Post 726476)
gamblers always lose, never heard of a rich man that gambled yet

Exactly. I take risks all the time, but they are based on informed decisions. Pulling a slot lever is not an informed decision, the outcome is random. Las Vegas does not interest me. I have been there for conventions dozens of times and I can always happily walk right through the casino without betting on anything. In Vegas, they make it so you have to walk through the casino to go ANYWHERE!

The prediction markets can be fun, but it is not a place to try to make serious money. I bet $10 or $20 here and there. Sometimes I win, sometimes I lose. But I would never put a large amount at risk, especially on something that seems like a sure thing. Because the return is small and if it goes south, you can lose a LOT of money!


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