If you had $10,000 to spend on InTrade...
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  If you had $10,000 to spend on InTrade...
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Author Topic: If you had $10,000 to spend on InTrade...  (Read 1050 times)
I spent the winter writing songs about getting better
BRTD
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« on: November 19, 2007, 11:09:07 PM »

Assuming you could only spend it on political contracts, how would you spend it?

Remember that you can bet both for and against each contract.
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Lief 🗽
Lief
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« Reply #1 on: November 19, 2007, 11:14:02 PM »

Buy John Edwards to win Iowa stock.

A gamble, sure, but it's way undervalued at the moment.
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Verily
Cuivienen
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« Reply #2 on: November 19, 2007, 11:49:15 PM »

Spend all of it shorting Ron Paul to win the Republican nomination.
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Mr. Morden
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« Reply #3 on: November 20, 2007, 01:13:28 AM »
« Edited: November 20, 2007, 01:16:10 AM by Mr. Morden »

Romney is currently at 29.3 to win the nomination, but only at 7.5 to win Florida.  That's insane.  Buy a bunch of shares of Romney to win Florida while shorting Romney to win the nomination.  It's easy money because those two numbers are bound to converge at some point.  If Romney gets a big national boost from winning IA and NH, then he'll get a corresponding boost in FL.  If he doesn't get that boost, then he won't win Florida, but he also won't win the nomination.  Either way, you make money.

That's the best $ making opportunity I can find.  Another one is to short Romney to be the GOP VP nominee.  12.2 is way too high.  Who's going to pick Romney as their running mate?  Giuliani?  Huckabee?  I don't think so.  And also short Gore to be the Dem. VP nominee.

Oh, and I just found another one.  Put some money on Hutchison to be the GOP VP nominee.  It might not pan out, but the last transaction was only at 0.3 for crying out loud.  That's way too low.  If it goes up, you could make quite a bit.
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Small Business Owner of Any Repute
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« Reply #4 on: November 20, 2007, 01:25:33 AM »

I just put a few dollars down on Hutchison to win the GOP VP Nomination.  Mr. Morden is right—it's absolutely irresistable at that price.
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Small Business Owner of Any Repute
Mr. Moderate
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« Reply #5 on: November 20, 2007, 01:35:57 AM »

And to answer the question, I'll just explain what I bought with my $100 earlier and currently hold.

Presidential
25 Richardson to be Dem Nominee
10 Romney to be GOP Nominee
20 Huckabee to be GOP Nominee

Senate
-15 Republican to win NH Senate

I apparently made and locked in a whole $2.40 shorting GOP to win Nebraska during the Kerrey flux, and a massive $2.15 in Gore to run before bailing out.  It was eating up too much capital for very little return.

If I had more money, I'd sink a significant chunk of it into Sununu to lose NH.  At 49, it's dramatically over valued.
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I spent the winter writing songs about getting better
BRTD
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E: -6.50, S: -6.67

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« Reply #6 on: November 20, 2007, 01:47:09 AM »

Well here's my funds on the mock InTrade. I actually have $11,000 though due to profits off the KY and MS gubernatorial races:

150 - Dem to win NH Senate
-40 - Republican to win CO Senate
-32 - Republican to win NM Senate
-119 - Bush approval to be at or above 35% on Dec. 31st
-56 - Gore to run in 2008
-1181 - Huckabee to win the Iowa caucus
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Smash255
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« Reply #7 on: November 20, 2007, 01:56:35 AM »

And to answer the question, I'll just explain what I bought with my $100 earlier and currently hold.

Presidential
25 Richardson to be Dem Nominee
10 Romney to be GOP Nominee
20 Huckabee to be GOP Nominee

Senate
-15 Republican to win NH Senate

I apparently made and locked in a whole $2.40 shorting GOP to win Nebraska during the Kerrey flux, and a massive $2.15 in Gore to run before bailing out.  It was eating up too much capital for very little return.

If I had more money, I'd sink a significant chunk of it into Sununu to lose NH.  At 49, it's dramatically over valued.

In that case I might dump every penny for Sununu to lose.  How the hell is he at or anywhere even remotely close to 49??
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Swing low, sweet chariot. Comin' for to carry me home.
jmfcst
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« Reply #8 on: November 20, 2007, 12:28:20 PM »

I would put it all on the Huckster and sell two days after IA.
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Miamiu1027
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« Reply #9 on: November 20, 2007, 07:13:24 PM »

I would put it all on the Huckster and sell two days after IA.

he'll be at around 0.2 after Mitt beats him in Iowa so that isn't a great strategy.  your 10k investment will have about $20 remaining.
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