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I have a very good record of betting on prediciton markets and crypto. Turned an ~70K bankroll into a few million. That is not some Lebron level performance but its very good in my opinion. The motte isn't going to want to hear this but...
'Things the right wants to be true' are systematically overpriced. This has been true for years and it is probably still true this cycle. That doesn't mean Trump wont win or wont win in a landslide. But systematically the 'pro-rightwing' outcomes tend to be overpriced. I would not place a bet on any outcome where Trump wins unless you have a very good reason. I think trump is favored but the bets tend to be overpriced.
I will say there is one piece of counterevidence recently that seems important to my personal estimation. Prediction markets were way ahead of other sources in predicting that Joe Biden would step down. Places like Metaculus which are usually reasonably trustworthy (despite minimal monetary incentives) were hilariously overconfident. But I am skeptical of most 'trump wins X' bets from a financial point of view.
What is your general strategy for making money on prediction markets and crypto?
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