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Thread: Is one weird Frenchman manipulating the Presidential electiom betting markets -- and by extension the impression of the race?

  1. #41
    Plutonium sonatine's Avatar
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      Neverheeb: Comedy
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  2. #42
    Plutonium sonatine's Avatar
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    it would be absolutely incredible if trump lost because people stacked their cash on him at betting sites instead of donating to his campaign.

     
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      Neverheeb: Irony
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  3. #43
    Diamond PLOL's Avatar
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    Somebody completely cleared the order book on Polymarket. You coulda got 300 to 1 on Kamala winning. Somebody got $825 to win $275k

    https://twitter.com/domahhhh/status/1849561848481194139

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    Owner Dan Druff's Avatar
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    You have no idea how jealous I am right now.

    I would be arbitraging the fuck outta this.

  5. #45
    Plutonium sonatine's Avatar
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    Quote Originally Posted by Dan Druff View Post
    You have no idea how jealous I am right now.

    I would be arbitraging the fuck outta this.

    this really is a once in a life time arb opportunity.
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  6. #46
    Diamond PLOL's Avatar
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    Quote Originally Posted by Dan Druff View Post
    You have no idea how jealous I am right now.

    I would be arbitraging the fuck outta this.
    You wouldn’t even need to arb. You could just resell the shares you bought for $100k now

  7. #47
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by PLOL View Post
    Quote Originally Posted by Dan Druff View Post
    You have no idea how jealous I am right now.

    I would be arbitraging the fuck outta this.
    You wouldn’t even need to arb. You could just resell the shares you bought for $100k now
    I posted this in one of the other 37 election threads by accident.

    In sports betting we are offered a “cash out button” on legal sites. Domer doesn’t appear to cash out larger bets where he necessarily has greater edge (certainty). He holds til resolution. He’ll cash out a small GUT bet.

    Domer is a smart and interesting cat.

    I thought this reference to Kanneman and Tversky in a Domer interview fascinating. I’ve written about “The Undoing Project” by Michael Lewis over the years here. It was “Thinking Fast and Slow” for dummies. I still try to integrate their ideas in my life. Domer claims he thinks about Kahnemann and Tversky every day

    Q:I see you listed a Kahneman book on your recommended books list - heuristics, psychology of risk/loss aversion and dual-system thinking all play a large part in betting. What do you think DK would’ve thought about Polymarket? Do any of his teachings seem to constantly find their way to the forefront of your mind?

    Domer: "I think about the biases that Kahneman and Tversky wrote about on a daily basis, and I am not exaggerating. Their discoveries were simplistic - and in some ways a bit obvious - but they are also deeply profound. Just some of the things that I think about – Price anchoring. Endowment effect. Loss-aversion. Availability bias. There are a lot more. If you want to be a top level trader or bettor at anything, you should have more than a passing understanding of the biases that are trying to control your brain.

    Daniel Kahnemann would love Polymarket. He was an advocate for prediction markets.

    Highly recommend the Undoing Project. It is what can be called a gamblers bible. I promise it is a fun read - especially for a guy like you, Plop. The truth is it’s a love story

  8. #48
    Diamond Tellafriend's Avatar
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    Quote Originally Posted by Sanlmar View Post
    Quote Originally Posted by PLOL View Post
    You wouldn’t even need to arb. You could just resell the shares you bought for $100k now
    I posted this in one of the other 37 election threads by accident.

    In sports betting we are offered a “cash out button” on legal sites. Domer doesn’t appear to cash out larger bets where he necessarily has greater edge (certainty). He holds til resolution. He’ll cash out a small GUT bet.

    Domer is a smart and interesting cat.

    I thought this reference to Kanneman and Tversky in a Domer interview fascinating. I’ve written about “The Undoing Project” by Michael Lewis over the years here. It was “Thinking Fast and Slow” for dummies. I still try to integrate their ideas in my life. Domer claims he thinks about Kahnemann and Tversky every day

    Q:I see you listed a Kahneman book on your recommended books list - heuristics, psychology of risk/loss aversion and dual-system thinking all play a large part in betting. What do you think DK would’ve thought about Polymarket? Do any of his teachings seem to constantly find their way to the forefront of your mind?

    Domer: "I think about the biases that Kahneman and Tversky wrote about on a daily basis, and I am not exaggerating. Their discoveries were simplistic - and in some ways a bit obvious - but they are also deeply profound. Just some of the things that I think about – Price anchoring. Endowment effect. Loss-aversion. Availability bias. There are a lot more. If you want to be a top level trader or bettor at anything, you should have more than a passing understanding of the biases that are trying to control your brain.

    Daniel Kahnemann would love Polymarket. He was an advocate for prediction markets.

    Highly recommend the Undoing Project. It is what can be called a gamblers bible. I promise it is a fun read - especially for a guy like you, Plop. The truth is it’s a love story
    i've never heard of this. so you truly recommend i add it to my list? eager to know. if so, would you recommend i read it or would audio book be an adequate substitute>

  9. #49
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by Tellafriend View Post
    i've never heard of this. so you truly recommend i add it to my list? eager to know. if so, would you recommend i read it or would audio book be an adequate substitute>
    From a gambling perspective - choose whatever will increase your likelihood of being exposed to these guys

    It is indeed a great story independent of their ideas. I marked my book up and referred back to certain parts over the years.

    These two Jews were a big deal in the Yom Kippur and 6 day war in the Middle East in ‘69. Kahnemann rewrote the way Israel assigned men to their duty in the military. It’s a screening process Israel uses to this day.

    He changed the way fighter pilots were trained. He may never have been in an airplane before.
    It goes on and on.

    I just remembered that part in light of the Israeli shenanigans these days.

    They joined up when war broke out like every other Israeli. They were not career military. Two young nerds. Couldn’t help but observe and apply their casual brilliance.

  10. #50
    Plutonium Sanlmar's Avatar
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    I forgot something important and potentially off putting

    Chapter 1 involves the NBA. If you are dismissive of the NBA as I am that can really kill your enthusiasm/

    It is ok to just start with chapter 2.

    Apologies for not including this warning earlier. I mean well

     
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      Tellafriend: i loathe the nba

  11. #51
    Plutonium Sanlmar's Avatar
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    @Plop

    I caught and won Democrat Nominee - Any Other Candidate +700. I posted preflop here

    I mention this because I’m desperate for your approval and attention obviously. All I have is Druff. But my single term win has confirmed what I knew all along about my political instincts

    Have you contemplated a prop for Trump to not finish his term? For Vance to ascend to the throne? You have the gastro issue (shitting his pants - not that there is anything wrong with that). The refusal to divulge medical and his issue with his former gastro doctor

    He’s also old. (Both Druff and Trump)

    I can’t shake this but I am about instant gratification too. Thoughts?

  12. #52
    Owner Dan Druff's Avatar
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    I love how Domer was right about the guy being French.

    All this talk about how it had to be Elon, even after Domer's thread, and it turned out that, yes... it was a Frenchman.

    I knew that French idiom meant something. Keep in mind it wasn't a French idiom used while speaking French. It was one which came up while translating the awkward English back to French. So for it not to have been a French speaker, the person would have had to purposely insert that idiom in French, then translate it to English, just to potentially confuse someone translating it back and researching it that way. That was unlikely. This is different than Colonel Nigel Fabersham saying "Tally ho, pip pip, let's get on with the bloody thing."

    Language gives a lot away. I've helped naive friends spot online scammers before from single words used in chat, such as a supposedly hot American 20s chick calling a guy "dear". I told the guy, "No hot chick in her 20s is using the word 'dear' when chatting with a new guy she likes." Indeed, it was a Nigerian scammer.

  13. #53
    Plutonium sonatine's Avatar
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    https://fortune.com/crypto/2024/10/3...g-researchers/


    yeah this is the sort of stuff we were keying in on during the elon fingerpointing.
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  14. #54
    Diamond PLOL's Avatar
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    Quote Originally Posted by Sanlmar View Post
    Quote Originally Posted by PLOL View Post
    You wouldn’t even need to arb. You could just resell the shares you bought for $100k now
    I posted this in one of the other 37 election threads by accident.

    In sports betting we are offered a “cash out button” on legal sites. Domer doesn’t appear to cash out larger bets where he necessarily has greater edge (certainty). He holds til resolution. He’ll cash out a small GUT bet.

    Domer is a smart and interesting cat.

    I thought this reference to Kanneman and Tversky in a Domer interview fascinating. I’ve written about “The Undoing Project” by Michael Lewis over the years here. It was “Thinking Fast and Slow” for dummies. I still try to integrate their ideas in my life. Domer claims he thinks about Kahnemann and Tversky every day

    Q:I see you listed a Kahneman book on your recommended books list - heuristics, psychology of risk/loss aversion and dual-system thinking all play a large part in betting. What do you think DK would’ve thought about Polymarket? Do any of his teachings seem to constantly find their way to the forefront of your mind?

    Domer: "I think about the biases that Kahneman and Tversky wrote about on a daily basis, and I am not exaggerating. Their discoveries were simplistic - and in some ways a bit obvious - but they are also deeply profound. Just some of the things that I think about – Price anchoring. Endowment effect. Loss-aversion. Availability bias. There are a lot more. If you want to be a top level trader or bettor at anything, you should have more than a passing understanding of the biases that are trying to control your brain.

    Daniel Kahnemann would love Polymarket. He was an advocate for prediction markets.
    Highly recommend the Undoing Project. It is what can be called a gamblers bible. I promise it is a fun read - especially for a guy like you, Plop. The truth is it’s a love story
    I read (and loved) Thinking, Fast and Slow based on a Domer rec. I just ordered The Undoing Project based on your rec, and should get it tomorrow.


    Quote Originally Posted by Sanlmar View Post
    @Plop

    I caught and won Democrat Nominee - Any Other Candidate +700. I posted preflop here

    I mention this because I’m desperate for your approval and attention obviously. All I have is Druff. But my single term win has confirmed what I knew all along about my political instincts

    Have you contemplated a prop for Trump to not finish his term? For Vance to ascend to the throne? You have the gastro issue (shitting his pants - not that there is anything wrong with that). The refusal to divulge medical and his issue with his former gastro doctor

    He’s also old. (Both Druff and Trump)

    I can’t shake this but I am about instant gratification too. Thoughts?
    I am very very proud of you. I haven't looked at Trump to not finish his term. In my experiences these types of props tend to get over valued. I have a bias towards betting on things to not happen. It's less sexy to bet on those.

    The preponderance of my bets right now are Kamala to win popular vote (went as low as 57c now at 62c), and Cruz to win his senate seat (75c on Kalshi) as a hedge of sorts

     
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      country978: i just ordered it too

  15. #55
    Plutonium sonatine's Avatar
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    someones closing out their trump longs
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  16. #56
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by sonatine View Post
    someones closing out their trump longs
    For those like me without specific knowledge we call this at least a retracement.

    I don’t speak French but how does early voting affect things vis a vis the 2016 surprise.

    Can you flag Plop over here from the adult site for us?

  17. #57
    Diamond PLOL's Avatar
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    San, it's really difficult to parse bettable info out from early voting data. It's sort of like being a winning sports better or doing technical analysis on a memecoin. A lot of people think they can do it, but few actually can.

    DERNIÉRES NOUVELLES!

    https://twitter.com/Domahhhh/status/1852422106102776290

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