What does a BIDEN Presidency look like?

[viper37]

I think I might be able to make money. We will see how bad the carnage is on this very bad series of bets I've made, but if it isn't too bad I'll stick with it. Only I'll be a lot more conservative and update you guys periodically if I'm winning or losing.

didn't you have an option of offsetting these potential losses by taking opposite bets, sort of like how we close a deal on futures?

Yes, you can bet on both sides to reduce risk, but why would you do that? You get 90% of gains and 100% of losses (after taking into account the vig), so that is the one guaranteed way to lose.

it's called cutting your losses.  Like selling an underporming stock.  You sure are losing money, but not all of it.

[Eddie Teach]

When is losing less money better than losing no money?

[crazy canuck]

When is losing less money better than losing no money?

When trying to lose no money will end up losing you more money.

[Eddie Teach]

Err, to lose no money all he has to do is not make a bet.

[viper37]

When is losing less money better than losing no money?

When trying to lose no money will end up losing you more money.

This.

[viper37]

Err, to lose no money all he has to do is not make a bet.

But it's been made already.

[alfred russel]

I think I might be able to make money. We will see how bad the carnage is on this very bad series of bets I've made, but if it isn't too bad I'll stick with it. Only I'll be a lot more conservative and update you guys periodically if I'm winning or losing.

didn't you have an option of offsetting these potential losses by taking opposite bets, sort of like how we close a deal on futures?

Yes, you can bet on both sides to reduce risk, but why would you do that? You get 90% of gains and 100% of losses (after taking into account the vig), so that is the one guaranteed way to lose.

it's called cutting your losses.  Like selling an underporming stock.  You sure are losing money, but not all of it.

I could just sell my bet at the current value rather than by an opposite bet. Taking an opposite bet gets charged a vig--no vig involved in closing a bet in a losing position.

[Syt]

https://twitter.com/atrupar/status/1360963559820320773?s=20

Lindsey Graham suggests Kamala Harris will be impeached if Republicans take back the House next year

[Tonitrus]

He's not wrong with his underlying point though...would anybody really be surprised if the current crop of Republicans wouldn't just start throwing impeachments willy-nilly?  Even if they're spurious, and DOA in the Senate, it will always be a good way to either grab headlines, or kill off some other political embarassment.

[Sheilbh]

All Benghazi all the time.

[Tonitrus]

They could impeach Hilary Clinton for that, even as a former SoS, sure.  A good bone to throw to the base.

[Eddie Teach]

What is he accusing Harris of?

[alfred russel]

They could impeach Hilary Clinton for that, even as a former SoS, sure.  A good bone to throw to the base.

90% of Senate republicans have already voted that holding such a trial after the individual has left office is unconstitutional. They couldn't hold a trial because that would be transparently hypocritical.

[mongers]

What is he accusing Harris of?

Un-American activity, that is her parent's because they both indulge in affairs with foreigners, something no true-blue Trumpist would ever consider.

[The Minsky Moment]

What is he accusing Harris of?

She sent out a tweet supporting a NGO in Minnesota that raises bail money for BLM demonstrators.  That same organization bailed out someone was than charged again for possession of a controlled substance while also in possession of a firearm.  THE HORROR

Her real crime is of course something very different.