What is Political Gambling & How Do I Start?
Animals,
You read it right. This website is all about betting and winning real money on politics.
Shockingly, this is legal. And there is a vibrant community of professionals from virtually every industry who have created a second stream of income just by betting against the hype and noise that you see every day on the news.
HERE’S HOW IT WORKS
HOW DO I START?
You’ve got a few options for where you want to begin your political prediction career.
And the good news for you is that Star Spangled Gamblers can offer you a hook-up from all of the major players. It’s a growing business and they’re competing for your business — and in many cases, they’re willing to pay you for it.
Here is a brief summary on the 3 major betting exchanges: Kalshi, Polymarket, and PredictIt.
Whichever one(s) you choose — START SMALL — and work your way up.
KALSHI – $30M OF SILICON VALLEY FINANCING
Here’s what you need to know about Kalshi:
- They just raised $30M from Sequoia, which is the tech bro way of saying that they are backed by the New York Yankees of venture capital.
- They are operating with CFTC approval
- They have no $850 position limit
- They have a bang-a-rang lineup of betting lines, from COVID vaccination rates, to individual titles of the Reonciliation bill, to NFL viewership
BONUS FOR SSG USERS:
- Kalshi will give you a free SSG hat if you sign-up at www.kalshi.com/ssg and deposit $50 or more.
PREDICTIT – THE OLDEST AND LARGEST REGULATED EXCHANGE
PredictIt’s CEO John Phillips joined the boys recently to talk about the future for political gambling’s #1 betting platform.
WHAT YOU NEED TO KNOW:
- Largest and longest existing political gambling exchange
- CFTC regulated
- Thick orderbook, lots of volume
BONUS FOR SSG USERS
- Get a $200 match on your first deposit. That’s $200 of FREE MONEY.
POLYMARKET – A BLOCKCHAIN TRADING PLATFORM
We interviewed Polymarket’s CEO, Shayne Coplan, a year ago when their crypto-based platform launched. At the time, they’d just raised $4M to do something crazy. Since then, they’ve really brought it to life.
What you need to know about Polymarket:
- Based on Ethereum blockchains
- No position limits
- Extremely diverse market offerings from politics, to sports, and even NFT hedging options
- Extremely vibrant trading community
BONUS FOR SSG USERS:
- Upcoming
We do receive a commission for referring new users to these exchanges. But hey, we gotta keep the lights on here, don’t we?
Enjoy your bonuses. Happy trading!
KEENDAWG.
Do you have to deposit $200 to get a match?
Yes. It’s a dollar-for-dollar match up to $200. So to get the whole thing, you gotta deposit that much. Good luck in your primary, JD!