[jj90]

Trump's pretty much won currently. I don't think any bet markets are open now anyways.

[Sooth]

[MidJack]

GAIN/LOSS +$5146.21

I think it's hilarious that the WOMAN.USPREZ16 market significantly lagged the others tonight. Like the people who bet on that specific market were in extra denial.

[MidJack]

delete

[redbeard]

AHH!!!!!!!! WE FUCKING DID IT!!!!

[Peregrine]

Is this where we congratulate each other on money we just made? Fuck that's a game changer.

Also big lol @ lux. Your shame is forever immortalized. I called you out, you didn't respond, and you woudl've losts anyway

[bacon]

Anyone have experience withdrawling funds from Predictit. It says you have to wait 30 days. At that point do you get all your gains and initial investment? Do they then ask you for a bank account to transfer your funds to?

[Passive Menis]

PredictIt says all shares will be redeemed for $1, but right now mine are fluctuating between 0.98-99. Do I just need to be patient?

[Touchmybanana]

GAIN/LOSS +$450

I would have put more money on the president elect.

[CaptainChardonnay]

Big win on my end. Lol @ Lux

[CaptainChardonnay]

ARE YOU TIRED OF WINNING YET

[MidJack]

They may not settle the presidential markets until December when the electoral college is convened. In the interim, you can try to sell and cash out.

You will net your initial investment plus 90% of gains, then less 5% of the total amount withdrawn.

(11-09-2016 04:58 AM)bacon Wrote:  

Anyone have experience withdrawling funds from Predictit. It says you have to wait 30 days. At that point do you get all your gains and initial investment? Do they then ask you for a bank account to transfer your funds to?

[MidJack]

I was able to sell all my shares today for $0.99. It went so fast, I suspect PredictIt is sweeping up all available shares to avoid paying out at the full $1.00. For me it was worth it to get the money out instead of enduring six weeks of risk.

[redbeard]

@MidJack

Risk. As in Donald Trump getting assassinated, Electoral College does some BS recount, and he doesn't get presidency? Or Predictit not honoring shares?

[MidJack]

(11-09-2016 06:57 PM)redbeard Wrote:  

@MidJack

Risk. As in Donald Trump getting assassinated, Electoral College does some BS recount, and he doesn't get presidency? Or Predictit not honoring shares?

All of the above, yes.

[MidJack]

The withdrawal process was not difficult at all.

Unless there is a hold I'm not aware of, the transfer out will occur this week. I'll report back when it hits my account.

If you made more than $600 they will ask for your SSN for tax reporting.

(11-09-2016 04:58 AM)bacon Wrote:  

Anyone have experience withdrawling funds from Predictit. It says you have to wait 30 days. At that point do you get all your gains and initial investment? Do they then ask you for a bank account to transfer your funds to?

[wi30]

I pulled out at 97 cents. Not going to risk all the bullshit for like 90 bucks. I got in at 28 cents. I had to fill out a 1099 because I made too much money.

Winning bigly.

What do I vote on next? I swear this forum has next level knowledge on everything.

[Savage]

Got a pretty decent win. Thanks Trump! I also now have $1000 bonus on bet365 which I need to clear with $800 more 'settled stakes'. Any suggestions for good low risk ways to do this?

[Enjoythedecline]

The only regret I have is to not have put more money in this.

[AneroidOcean]

Right now I'd have to take like a 5 cent loss on ALL my shares (beyond the .01 cents lost to the maximum predictit seems to be imposing artificially) due to only certain people being willing to sell.

I guess I'll wait, at least until the only hit I have to take is 1 cent or at the worst 2 cent loss on each of thousands of shares.

Forgot to add my winning:

[AneroidOcean]

(11-10-2016 12:17 PM)AneroidOcean Wrote:  

Right now I'd have to take like a 5 cent loss on ALL my shares (beyond the .01 cents lost to the maximum predictit seems to be imposing artificially) due to only certain people being willing to sell.

I guess I'll wait, at least until the only hit I have to take is 1 cent or at the worst 2 cent loss on each of thousands of shares.

Update: I logged back in and they closed all the markets related to the presidency (although electoral college vote and other markets are still open). This means I'll get paid out fully. Great news!

On another related topic:
I've messaged some of you in this thread asking for updates on if you've won. The rest of you, I'd really like to get a general idea of who won and how much. Note that I will be putting whatever figure you message me down along with your screen name only. If you're not comfortable sharing the exact amount give us a rough number. I want to get a rough total of how much we've won and then post it.

[wi30]

I made roughly 2200 before withdrawal fees.

Edit: $2218.57

[AneroidOcean]

First of all, thank you to those that started the various betting on politics threads as you as a whole eventually convinced not only me, but others to bet big league on this election.

A number of you have PM'ed me, I've tried to pull numbers out of the various threads, but I know there's still a few winners at least missing. I included profit (stake subtracted), but did NOT subtract fees or taxes as these vary greatly and are not really that significant to this summary. I'm pretty confident the forum membership made over HALF A MILLION DOLLARS on this election as you can see below we are already basically there.

MAGA

   

Please PM me if you or someone else you know is missing from this list or if you think I made an error. I will be updating this as more information comes to me. It's been a really fun time getting it together.

[Mr. Scumbag]

I'm thinking of putting money down on "Will James Comey resign in 2016?"

What're your guys' thoughts on the matter?

[redbeard]

Earnings Summary

Unlike some guys here, I tried to be somewhat responsible. I only played with money I'd be okay with losing, so instead of one giant deposit, I deposited a small chunk every few weeks when I had cash available.

I mostly invested in Trump4Prez and similar markets, but I had a few hundred in the primaries that got reinvested into Trump4Prez.

Election Day, I had a few hundred on the states going to Trump but 90% of my holdings were in Trump4Prez, with Trump4Prez shares being bought between $0.20 - $0.40, averaging around $0.30.

Total Deposits: $2,155.00
Winnings: $6,643.70
Winnings After Processing Fees: $6,501.52
Net Profits (After Fees): $4,346.52

Plus the $21.55 in rewards points I got for using a credit card

When it comes to how I'm going to spend it, I thought "What Would President Trump Do?" I spent a good deal on booze Tuesday night but will be putting most of my earnings towards student debt, thanks to the King of Debt, Donald Trump!

Shoutout to IsaacJordan for starting this, AneroidOcean for totaling this, and [email protected] for being so high energy with his bets. I love our forum members. Don't we have the best forum members??