Acceptable registrations in the queue through July 22, 2022 at 7:15a ET have now been activated. Enjoy! -M.W.

Terms of Use have been amended effective October 6, 2019. Make sure you are aware of the new rules! Please visit this thread for details: https://www.mibuzzboard.com/phpBB3/view ... 16&t=48619

PredictIt (political markets betting place) being shut down by the CFTC

Debate and discussion of current events and political issues across the U.S. and throughout the World. Be forewarned -- this forum is NOT for the intellectually weak or those of you with thin skins. Don't come crying to me if you become the subject of ridicule. **Board Administrator reserves the right to revoke posting privileges based on my sole discretion**
bmw
Posts: 4610
Joined: Sun Dec 05, 2004 1:02 am

PredictIt (political markets betting place) being shut down by the CFTC

Post by bmw » Fri Aug 05, 2022 12:36 am

I'm kinda pissed about this since I'm pretty good at making money at betting on politics. The CFTC has given PredictIt until February of next year to liquidate all of its political markets.

https://www.predictit.org/platform-announcements



User avatar
Honeyman
Posts: 3777
Joined: Wed Dec 15, 2010 4:44 pm

Re: PredictIt (political markets betting place) being shut down by the CFTC

Post by Honeyman » Fri Aug 05, 2022 5:23 pm

Probably because of all the stolen elections that have taken place.



bmw
Posts: 4610
Joined: Sun Dec 05, 2004 1:02 am

Re: PredictIt (political markets betting place) being shut down by the CFTC

Post by bmw » Fri Aug 05, 2022 7:55 pm

There's rumors of corruption at the CFTC. Apparently a past commissioner is now part-owner or somehow involved with a competitor to PI called Kalshi. Kalshi only recently received full CFTC approval to operate political markets and now they're using their lobbying power and connections to the CFTC to shut down their competitors. So rumor has it.



MotorCityRadioFreak
Posts: 4830
Joined: Wed Jul 29, 2020 6:26 am
Location: Worn, MI

Re: PredictIt (political markets betting place) being shut down by the CFTC

Post by MotorCityRadioFreak » Sat Aug 06, 2022 12:40 am

This whole betting thing has gotten out of control. If I had known my email inbox and mailbox would get assaulted with ads every day, I wouldn’t have voted for it. Elections could be fixed if people had money on the line. Bad enough that we have super PACs and corporations as people.


Remember that “2000 Mules” was concocted by a circus of elephants.
The right needs to stop worry about what’s between people’s legs. Instead, they should focus on what’s between their ears.

User avatar
Rate This
Posts: 9367
Joined: Wed Jan 08, 2020 12:17 am

Re: PredictIt (political markets betting place) being shut down by the CFTC

Post by Rate This » Sat Aug 06, 2022 10:08 am

MotorCityRadioFreak wrote:
Sat Aug 06, 2022 12:40 am
This whole betting thing has gotten out of control. If I had known my email inbox and mailbox would get assaulted with ads every day, I wouldn’t have voted for it. Elections could be fixed if people had money on the line. Bad enough that we have super PACs and corporations as people.
Have you considered the unsubscribe button?



bmw
Posts: 4610
Joined: Sun Dec 05, 2004 1:02 am

Re: PredictIt (political markets betting place) being shut down by the CFTC

Post by bmw » Sat Aug 06, 2022 11:11 am

Rate This wrote:
Sat Aug 06, 2022 10:08 am
Have you considered the unsubscribe button?
That's like plugging 1 hole in a dam that has a hundred holes in it. Once your email is out there, you might as well close it down and start a new account.



User avatar
Rate This
Posts: 9367
Joined: Wed Jan 08, 2020 12:17 am

Re: PredictIt (political markets betting place) being shut down by the CFTC

Post by Rate This » Sun Aug 07, 2022 10:30 pm

bmw wrote:
Sat Aug 06, 2022 11:11 am
Rate This wrote:
Sat Aug 06, 2022 10:08 am
Have you considered the unsubscribe button?
That's like plugging 1 hole in a dam that has a hundred holes in it. Once your email is out there, you might as well close it down and start a new account.
Ouch… you got me there…



MotorCityRadioFreak
Posts: 4830
Joined: Wed Jul 29, 2020 6:26 am
Location: Worn, MI

Re: PredictIt (political markets betting place) being shut down by the CFTC

Post by MotorCityRadioFreak » Mon Aug 08, 2022 1:37 am

bmw wrote:
Sat Aug 06, 2022 11:11 am
Rate This wrote:
Sat Aug 06, 2022 10:08 am
Have you considered the unsubscribe button?
That's like plugging 1 hole in a dam that has a hundred holes in it. Once your email is out there, you might as well close it down and start a new account.
Exactly. Fucking Cigna sold my information.


Remember that “2000 Mules” was concocted by a circus of elephants.
The right needs to stop worry about what’s between people’s legs. Instead, they should focus on what’s between their ears.

In The Bleachers
Posts: 253
Joined: Sun Mar 20, 2022 11:27 pm

Re: PredictIt (political markets betting place) being shut down by the CFTC

Post by In The Bleachers » Mon Aug 08, 2022 5:38 am

bmw wrote:
Sat Aug 06, 2022 11:11 am
.... Once your email is out there, you might as well close it down and start a new account ....
Yes. The beauty of Gmail. I have about 6 active accounts. And have probably had at least a dozen what I will call "junk drawer" Gmail accounts. It's not really hard to manage. All but one share the same password.


It's tickles me that someone who says there's all kinds of jobs out there, can't seem to find a job.

Post Reply Previous topicNext topic