Gambling With an Edge - guest Flip Pidot of


Manage episode 243704010 series 7673
By Bob Dancer & Richard Munchkin, Bob Dancer, and Richard Munchkin. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
Our guest this week is Flip Pidot of PreditIt is a trading site where you can make legal bets on political outcomes by buying and selling futures contracts.
We welcome your questions - send them to us at, or you can find me at @RWM21 on Twitter.
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Show Notes
[00:00] Introduction of Flip Pidot from political prediction market
[00:48] How does work?
[04:13] Why are's markets only politically focused?
[06:10] Examples of some of the unique contracts that are currently being offered
[08:56] Illustration of fees
[11:12] Position limits,active trader limits, and volume discussion
[17:40] Withdraw rules and fees
[18:39] Deposit match at
[21:40] South Point Casino October Promotions - Free Play with a Kicker, free video poker classes
[24:36] - Gold membership offers correction on most games
[26:13] Predictit's newsletter offerings, comments section
[30:51] Are there professional traders on
[35:45] Are bots trading the markets?
[36:31] Where is the smart money going?
[38:42] Correlated markets
[41:09] Are prediction markets more accurate than polls?
[44:01]'s data, research partnerships
[46:11] Will there be a market for election interference?
[49:06] Recommended - Shang Artisan Noodle, The Oakey Family Supper Club

259 episodes