People are thinking about #Polymarket all wrong.

Don’t think of it as a gambling platform, it’s a carry trade platform. You can park money on markets which are near enough certainties.

Print a 4.6% coupon on a 2 month position with the risk being Trump dies between now January 20.

How about 8.7% for a 6 month position that Trump isn’t going to waste his political capital on a topic which is already resolved.

Or maybe you’d like to print 13% in 7 weeks because you realise Putin isn’t a retard, and Israel aren’t going to be launching nukes at this stage of conflict.

There’s plenty of election outcomes which are mathematically set and still paying 1-3%. Sports outcomes remain live throughout the events so you’ll easily find games where the winner is decided before resolution too.

Some markets have low liquidity so you’re not always going to be able to do this in size, and likely you will have the occasional blowout (no different to a margin call), but with proper position strategies and laddering you could easily make a monthly salary just picking off easy prints with very low risk.

I wonder how many people are living off Polymarket income already? 🤔

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Discussion

That's how the insurance industry formed. Basically people hedging risk using bets.

Insurance is gambling.

Insurance is actually quite interesting if you can get past the facade of the industry.

Gambling is just putting a price on future outcomes, if you do it well you can clean up as evidenced by how large insurance companies have become.

Insurance companies are no different to casinos. The house always wins unless you cheat or get lucky & walk away.

Anticipating & then speculating on the future is a part of what makes us human.

Do you want some #Bitcoin?? Send me a dm!

What’re the odds the Republican Illuminati use the Democratic playbook , put Donnie out to pasture and install their nancy boy Vance in the drivers seat by next summer?

You think Vance is aligned with the Republican old guard? He’s a Thiel/Musk candidate meant to lengthen the new money investment into Trump

I think he’s a sock puppet.

Do you want some #Bitcoin?? Send me a dm!

Do you want some #Bitcoin?? Send me a dm!

Add on top of this using other betting platforms with mismatched odds and you can arbitrage positions instantly for a risk free return.

Do you want some #Bitcoin?? Send me a dm!