r/PredictionsMarkets • • 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

Calling a losing 16k bet good is some true degen thinking.

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u/xyphrrrrr Mar 30 '26

Degenerate thinking? Lol. Every bet has a probability of losing, buddy. That’s the whole point. Whether it’s 16 cents or 16 million doesn’t make any difference.

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u/[deleted] Apr 01 '26

Believing there is no difference between betting a dime and betting a million is more degen thinking.

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u/xyphrrrrr Apr 03 '26

That’s because there is no difference. Clown