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BETTING APPS ARE NOT POLLS. “X expected to win primary, Kalshi predicts” that is literally made up based on people from anywhere in the world trying to win money!! The overwhelming majority of gamblers do not live there and have no real knowledge.
#kalshi#betting#polls
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Anonymous 2d

Well, yes and no. The odds makers have to set the price where people can’t make out like bandits.

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Anonymous 2d

Betting on gas prices is basically free money. These mfs don’t seem to look at the average prices on AAA and keep thinking they’ll go down somehow 😭

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Anonymous replying to -> #1 2d

Russian oil is at an all time low, so…

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Anonymous replying to -> #3 2d

The price of gas at the pump does not follow the price of crude oil as closely as some might think

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Anonymous replying to -> #1 2d

Thank you captain obvious, Russian oil is still going down though

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Anonymous replying to -> #3 2d

So what relevance does that have to the Kalshi market for the average US gas price in December

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Anonymous replying to -> #1 2d

When did we specify that was the topic

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Anonymous replying to -> #3 2d

Context clues

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Anonymous replying to -> #1 2d

Ur talking about how people are dumb for thinking prices will go down and I mention how prices of aspects within the oil n gas industry are going down and ur talking to me like im dumb? Gas is at the lowest it has been in 4 years rn btw.

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Anonymous replying to -> #3 2d

The AAA website showed this and odds for average regular gas prices being above $2.80 were only 75-80%. That’s what I’m saying

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