Gambling With an Edge - guest Jason Pipkin

Our guest this week is  Jason Pipkin. Jason is a neuroscientist who gambles semi-professionally on elections at predictit.org.   We welcome your questions - send them to us at [email protected], or you can find me at @RWM21 on Twitter or https://www.facebook.com/GamblingWithAnEdge. podcast Click to listen - Alt click to download Show Notes [00:00]  Introduction of Jason Pipkin, frequent bettor at Predictit.org[00:58]  How did Jason get started on Predictit.org?[02:48]  Jason's background and predictingpolitics.com[04:30]  Commissions and contract limits[10:26]  Biden and Trump double max contract example[12:35]  Liquidity and market efficiency[14:35]  Can personal political biases affect profitability?[16:04]  Arbitrage[17:38]  Trading frequency[18:45]  Volatility[20:16]  Holding periods and exit strategy[21:28]  Black swan betting[23:08]  2016 Presidential election market strategies[24:42]  FiveThirtyEight.com[25:48]  Computer analysis and modeling[26:59]  Predictit.org market forums[28:40]  What percentage of bettors in political markets are profitable?[31:24]  Straddles[32:47]  Determinants of volatility[36:12]  Foreign elections[38:30]  South Point Casino September Promotions - $500,000 Guaranteed Money Madness[39:22]  Predictit.org/promo/edge -  place small bets on various political events[39:55]  BlackjackApprenticeship.com - card counting training site and community[40:25]  VideoPoker.com/gwae - Gold Membership offers corrections on most games[41:47]  Market suggestions[43:20]  Similarities to options trading[45:24]  Holding contracts until expiry[48:39]  How can listeners contact Jason?[49:10]  Discussing gambling in personal relationships[50:28]  Recommended - MyNoise.net Sponsored Links:SouthPointCasino.comPredictit.org/promo/edgeBlackjackApprenticeship.comVideoPoker.com/gwae Jason's Links:PredictingPolitics.comTwitter.com/jipkin Recommended:MyNoise.net .Learn more about your ad choices. Visit podcastchoices.com/adchoices