It is time for the ELECTION — Let´s make some MONEY

It is that time again, every four years we have the chance to BET ON THE ELECTION. As the world burns you can laugh, cry, rage, and joy at the outcome regardless of your political fundamentalism. With prediction markets all the rage this might be the most bet on election to date, but do you have money on it?

Drive the truck into the dumpster fire with a stack of cash that you won betting on the election

TL:DR WHERE TO BET? (not Polymarket)

Here is a short list of places that you can bet on the election with crypto ranging from prediction markets to sportsbooks:

STAKE -If your pick gets 220+ Delegates it wins

DRIFT - Solona based prediciton market, DEX, Perps platform

BetOnline -Old school sportsbook with a deposit bonus

Shuffle- New crypto sportsbook/casino

Sportsbetting ag -Old school sportsbook with deposit bonus

Fairlay- Old school prediciton market

There are more but then the list wouldn´t be short

Are you new to betting on the election?

If you are new to betting this whole thing might seem a bit crazy. It isn´t, it is pertty straight forward you deposit at a sportsbook the same way that you deposit at a CEX to trade. Polymarket and Drift you use metamask to log in and follow a few steps to deposit into their smart contract. After that you are ready to go! If that is still confusing then give me a DM on twitter or Telegram.

Seasoned veteran Degens we have a few things to talk about

There are so many angles to bet this time around some of the more appealing are prop bets and arbitrage. Some places even have the combination prop election plus popular vote. My suggested strategy is whichever side you think will win the election bet that, then bet the other side in some states that you feel are overhyped for one side to win. Another strategy is to bet one side election and the other side popular vote, in this case, if you like Trump, then Trump wins the election Harris wins the popular vote. There could be some great arb opportunities as we get closer to the election day.

INSURANCE

There is another not often mentioned concept and that is the one of insurance. In this case when you have a political or emotional conviction to one side, simply put a bet on the other side. Hate Trump? Bet on Trump, Hate Harris? Bet on Harris. If the side you hate wins, you win money, and your insurance pays out.

Conclusion

It is up to you. You could rage post on social media with no skin in the game, or laugh while the world burns and you count the massive stacks you just won preying on the public irrational emotional behavior. Is this pure nihilism or realistic pragmatism? Something for you to ponder when you sleep tonight.

Best,

Theo Goodman