Can You Spot a Free Money Bet?
Animals,
We’re far enough into an election cycle that people are already calling races and/or proclaiming that betting one way or the other is “free money.” For example…
Right now, it’s super trendy to say that the following races are OVER, and therefore “free money”:
- Wisconsin Senate (Ron Johnson)
- Florida Senate (Marco Rubio)
And that these races feature overhyped long-shots who will inevitably lose, making it “free money” to buy the favorite while it’s cheap:
- New York Governor (Republicans pumped way too high)
- Iowa Senate (latest polls showing Chuck Grassley tied MUST be fake)
- Washington Senate (Do you really think GOP can win here?)
- Utah Senate (does anyone actually know who Evan McMullin is?)
Most of these trades probably are “free money.” But one or two of them might be very risky trades, especially considering these prices:
Lose one bet in the 85-90c range and you will likely wipeout the returns from 3-4 profitable trades.
Indeed, contrary to popular belief, “free money” trades require a lot of study and discipline.
Elections are volatile and more often than not, your positions will be underwater. You MUST know why you are buying them, what they’re worth, and what your exist strategy is.
And that’s what this podcast is all about. Trader DOMER joins to show the way to easy returns (and how to avoid a devastating 90c loss)
As Domer says, “A free money bet is a little bit of a double-edged sword… I would call it an art rather than a science.”
So…
Here’s your how-to guide on this very valuable — and sometimes risky — art.
LISTEN TO THE FULL POD & GET ALL THE DETAILS:
GET FREE MONEY AND SWAG TO BET ON POLITICS:
Claim a $200 matching bonus on America’s largest (legal) political gambling exchange. Just click here and receive a $200 match.
First-time Kalshi user? Join the $30M Silicon Valley prediction market with some free swag. Sign up with the SSG Members referral code and get free swag + hook it up for your boys here.
