Recommendation for a good international event betting site like predictit.org

post by df fd (df-fd) · 2020-12-07T09:09:51.939Z · LW · GW · 2 comments

This is a question post.

I saw the post calling for us to fix the market inefficiency on predictit.org after the election, but I was unable to join since I don't live in  the US

Does the community have any recommendations or experience with any other betting platform that I can access internationally?

Google show me this one:
https://augur.net/

but I am not sure how good /reliable it is, also does the predictit  for US election pay out yet or do people have to wait for January?

Answers

answer by NunoSempere · 2020-12-26T15:47:36.356Z · LW(p) · GW(p)

I'd point you towards polymarket (polymarket.com). It trades in USDC (a  cryptocurrency pegged to the US dollar), which you can acquire at various exchanges, like Coinbase or the crypto.com app. 

answer by Leafcraft · 2020-12-07T10:08:33.399Z · LW(p) · GW(p)

As far as reliability goes, consider that PM are a very new thing, so I recommend you use precaution with all of them for the time being.

Augur is working but last time I checked transaction fees were pretty high, so volume/liquidity was very small, it should improve in the near future especially if Ethereum transition to PoS (I also plan to start trading on Augur). 

I heard you can sometimes trade events on sites like BetFair.

Other current/upcoming Predicion Markets not limited to the U.S. are:

Gnosis

poly.market

Omen

FTX 

Guesser

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