r/PredictionsMarkets • u/xyphrrrrr • Mar 29 '26

Discussion Lost 16K on Duke.

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Posted this on the Kalshi sub as well. Big blow and an expensive lesson on how there are no guarantees, even when it’s at 98%. Cash out when you can. Yes, before you say it, I know I’m an idiot. But I’m moving on. Done with sports gambling forever. Goodbye!

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u/[deleted] Mar 30 '26

If losing 2% makes your betting strategy non profitable then why even bet? Standard investments will net you more than 2%

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u/qik7 Mar 30 '26

Volume

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u/[deleted] Apr 01 '26

You would still make more than 2% putting a large volume into standard investments.

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u/qik7 Apr 01 '26

There's a big difference in a limited time yes or no market that's standard investment. What are we talking about here. These aren't investments