I have two distinct lives. One in the trenches of low-budget film and television, the other in professional gambling. Because of the feast-or-famine nature of show business I need a reliable income... gambling. So here you will read about both worlds. Enjoy!

Thursday, October 3, 2019

Gambling With an Edge - guest Flip Pidot of

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.

Click to listen - Alt click to download

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

No comments: