▲ 40 r/PredictionMarkets+1 crossposts

Won over 60k on kalshi but I am done with this pyramid scheme and why you should be too

Like the title said. During the world cup made some great money. I believe the world cup gave this platform such high new userbase and did what it was meant to do which was make people stick around post world cup. The problem? Once something begins to become almost "cultural" it begins to go down the drain.

Kalshi used to gives you what I call "Corner" meaning it gave you advantages like being able to cash out for almost close to your final payout as long as the game was almost over and you were up. Now? I see people locked into a bet when one soccer team is up 1-0 and the game has five minutes left. When people raise concerns you find kalshi defense soldiers come to make excuses. Saying that no one is buying his position or there is lack of volume. IF the game has a starting of a quarter of a million I don't believe no one wants to buy a winning position with 5-3 minutes left.

There is a belief that there is "no house" with kalshi. However the reality is class actions that they are fighting exposes that kalshi is house and do buy up positions themselves. Something most people already knew that kalshi used bots to achieve this malpractice. You will get the crumbs when trying to hedge your bets while kalshi bots get first dips on the best prices.

Then you have not displaying accurate live information while claiming to do so. This has costs people so much money.

My very last point. Trump jr is an advisor for these prediction apps. Heavily involved. I am not anti trump or a political opposition. However, when a family who has stolen money from their proclaimed "cancer charity fund" is in government and also behind the scenes in these prediction market one can only know it's only a matter of time until the casino begins to show itself as a circus.

Just stop now. They want you to win at the start and believe it's fair and that the kalshi doesn't make money whether you win or lose. They want you to win so you continue to use and they want you to lose so you make money back. In the very end once it has became part of your daily routine they will only want you to lose as they pull every corner they used to once give you to their own advantage instead of yours.

These aps should not prosper. They are what society claims to hate of only making the rich richer. They do not truly block out insiders from trading like they claim to do. As there are loopholes on what defines an insider.

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u/AccurateIntuition — 8 days ago
▲ 4 r/Kalshi

Coming back after huge losses or continuing to win while ahead.

If you are down heavily there is no other way then hitting a slip where you bet on the under dog. In this case scenario You bet a fair amount on the underdog and they don't have to win but just start winning then sell your position. I did this in the egypt vs argentina game and sold my position when they were up.

You could also do it in boxing clear example was Ajs last fight. People would be surprised how many people throw loads of money on position where the losing odds begin to start winning.

Now if you are winning, do not blow your gains even on heavy odd bets. Idc who is the 80% favorites over who. These "secure bets" will screw you over it will always be the most secure one that will ruin your slip. I would advise to skip the options where there is a clear favorite especially if the sport has proven to be very unpredictable. Do not go based on the odds. The odds don't mean anything unless you know that they make sense and why they make sense. If you don't know don't blindly pick the favorite. Research both sides based on their previous games and if you feel like it can go either way, skip. The amount of times this saved me from losing a high payout was unexpected but appreciated.

Keep your slips short. The shorter your parlays the more secure they can be with a decent amount of money. The longer your parlays the less money you should gamble.

I don't believe in "quitting while ahead". I believe if you learn to manage risk, balance your bets, and not chase after high risk high reward bets you can come out with great money short/long term.

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u/AccurateIntuition — 25 days ago
▲ 2 r/Kalshi

Confident going with Norway BUT

Halaand will more likely score but the hero to secure the win will be odeegard. He hasnt scored but he's that midfielder who scores in the most crucial game when no one expects him too. Think iniesta in the 2010 wc final and in the final against Chelsea. I keep thinking vs england will his game to score. Anyone else see a high chance of odeegard scoring?

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u/AccurateIntuition — 1 month ago
▲ 15 r/Kalshi

Morocco can beat france

Too many of you are under estimating Morocco. It seems like an ez bet and a guaranteed bet but many of you will ruin your parlays with it.

France has an absolute trash defense that's been overshadowed by their attack. Dembele is inconsistent and mbappe just needs to be locked down to tick france off. Paraguay exposed this hole.

Writing Morocco off is a mistake.

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u/AccurateIntuition — 1 month ago