Are you making money in prediction market or you at a loss?

[hyudien]

I have been trying to earn money in the prediction market for a while, although I have been successful three to four times. However, I do not like it very much, although it is interesting, but it is a center of losing half, so that the prediction is not always correct, which results in losing money. Prediction markets are the best, but there is a high chance of losing money here, it is very difficult to make the prediction correctly all the time. Although I have stopped for a long time, sometimes I see the prediction markets and bet there with a few dollars. It is seen that I cannot win consistently, but I have to lose. Basically, the prediction market is very difficult, I think many times it is due to luck.

Whether in prediction markets, or sites that we often use, or other places, it's basically not easy to make something in those places even if you have enough ability. The only difference from the prediction market is that there are more betting options and even strange bets are there. I personally am more comfortable betting in common places or regular betting sites, maybe because I am not used to prediction markets and sometimes I only bet there if it only concerns the future price for the price of bitcoin, and even then I almost rarely do.

[Wakate]

I have been trying to earn money in the prediction market for a while, although I have been successful three to four times. However, I do not like it very much, although it is interesting, but it is a center of losing half, so that the prediction is not always correct, which results in losing money. Prediction markets are the best, but there is a high chance of losing money here, it is very difficult to make the prediction correctly all the time. Although I have stopped for a long time, sometimes I see the prediction markets and bet there with a few dollars. It is seen that I cannot win consistently, but I have to lose. Basically, the prediction market is very difficult, I think many times it is due to luck.

Whether in prediction markets, or sites that we often use, or other places, it's basically not easy to make something in those places even if you have enough ability. The only difference from the prediction market is that there are more betting options and even strange bets are there. I personally am more comfortable betting in common places or regular betting sites, maybe because I am not used to prediction markets and sometimes I only bet there if it only concerns the future price for the price of bitcoin, and even then I almost rarely do.

The prediction market is very hard for gamblers to make money their and it's more difficult than using a real casino.
The reason why there has been so many prediction market is because there is huge profits that can be made by their team.
I will rather prefer to use regular casino for betting than using money money to bet on prediction that can be influenced by politicians.

[viljy]

After a month and a half, my negative opinion of the prediction markets has evolved somewhat. It makes sense to place bets on prediction markets while being careful with easily manipulated bets. I managed to win ~x18-x19 a couple of times at political events (it is important that the event is not easily manipulated, that is, it does not depend on one side of it!).

I prefer risky bets on small amounts. Large bettors there, of course, make almost guaranteed bets and can make a profit of several percents from large amounts. There are many small losses. As a result, we can say that there has not been a big profit or loss yet. But this is in some ways more interesting than sports betting.

[Orpichukwu]

The prediction market is very hard for gamblers to make money their and it's more difficult than using a real casino.
The reason why there has been so many prediction market is because there is huge profits that can be made by their team.
I will rather prefer to use regular casino for betting than using money money to bet on prediction that can be influenced by politicians.

None of them are easy prediction markets, sport markets, casinos, or slot games; it's all about games or probability events, whose outcomes could come out to be anything. Some things on the prediction market just appear to be events whose outcomes some might think are very much visible and easy to predict, but the reverse used to be the case, and those who are enjoying the market more are those who have access to inner information.

[Dunamisx]

Be sincere I don't think I have come with any gamblers that will boldly claim that they are making money from prediction market, most of them are even know are not interested in prediction market because they know that the chance of them winning is very low compared to losing, maybe is a kind of game centralized for the rich to risk their assets in playing.

[Fivestar4everMVP]

After a month and a half, my negative opinion of the prediction markets has evolved somewhat. It makes sense to place bets on prediction markets while being careful with easily manipulated bets. I managed to win ~x18-x19 a couple of times at political events (it is important that the event is not easily manipulated, that is, it does not depend on one side of it!).

I prefer risky bets on small amounts. Large bettors there, of course, make almost guaranteed bets and can make a profit of several percents from large amounts. There are many small losses. As a result, we can say that there has not been a big profit or loss yet. But this is in some ways more interesting than sports betting.

I've never tried betting on any prediction market event before, but during the time when telegram mini app games boomed last year, I there was this particular mini app game I used to play then which had the exact features of a prediction market and the events which players bet on used to be real world event, I remember than that after successfully betting on 100 different events, I managed to win 96 while I lost only 4, I was among the top winners and the reward were not money but tokens who hoped would get listed and we sell and make money, but unfortunately, as telegram mini app games began to die gradually due to several disappointed users, so did this game and the project die too, the team abandoned the project and the token never got listed, the only good thing was that it was the same token we used for betting and not real money, so there was no real loss aside the time and data wasted.

This game gave me the idea of what betting on prediction market event feels like and indeed, I completely agree that it way better than sports betting and maybe much more easier to win than wining in sport betting too, this is why many people believe that soon, prediction market will take over real sports betting but I don't know how true this is.

[Wakate]

Be sincere I don't think I have come with any gamblers that will boldly claim that they are making money from prediction market, most of them are even know are not interested in prediction market because they know that the chance of them winning is very low compared to losing, maybe is a kind of game centralized for the rich to risk their assets in playing.

The prediction market is not for anybody that is not ready to take a risk. Risk taking is what is going to help gamblers to get close to getting lucky to make money from betting. The prediction market is not favouring many gamblers that are looking at making money for themselves with the little bankroll they have to utilize in making profits for themselves.

[Sonia_123]

You hardly make reasonable amount of money from prediction, it is better for fun, I predict mainly for fun to see if i am improving in my prediction skill to know how well my sense of  prediction is growing although not always.
I predict mainly on market predictions which we all know that the market cannot be predicted.

I prefer spot betting more since it makes me enjoy gambling.

[Hazink]

Be sincere I don't think I have come with any gamblers that will boldly claim that they are making money from prediction market, most of them are even know are not interested in prediction market because they know that the chance of them winning is very low compared to losing, maybe is a kind of game centralized for the rich to risk their assets in playing.

But have you come across any gamblers who have made it through normal betting and not on the prediction market? Both markets share equal risk. As far as I'm concerned, you have to pick an event you are comfortable risking your money on and not placing bets on all the events available in the market. Sometimes you will win. Other times you can lose, since it's a game or gesture you can't fully predict the outcome.

[Peanutswar]

Well, if that's the case we are predicting regards with the market this aint gambling anymore because market of the bitcoin has a structure of analysis with a supply and demand depends on the time frame we are predicting here, I do personally count this as a trading already with the use of the technical analysis and with the help of the indicators you can now predict the outcome of the market price of the bitcoin. This will become gambling only if you will guess without checking the analysis.
But yes, I do clear find fun with the recent added feature of the casino which is the market prediction I can do look with the market instantly.

[impulse709]

Be sincere I don't think I have come with any gamblers that will boldly claim that they are making money from prediction market, most of them are even know are not interested in prediction market because they know that the chance of them winning is very low compared to losing, maybe is a kind of game centralized for the rich to risk their assets in playing.

But have you come across any gamblers who have made it through normal betting and not on the prediction market? Both markets share equal risk. As far as I'm concerned, you have to pick an event you are comfortable risking your money on and not placing bets on all the events available in the market. Sometimes you will win. Other times you can lose, since it's a game or gesture you can't fully predict the outcome.

I believe that the discipline required for making money in prediction markets or on normal gambling is more important than the activity of predicting. A lot of gamblers miss out on winning combinations just because they want to play too many events and make bad decisions when they're down. While prediction markets are the harder ones to play, sports betting is the same with the uncertainty of no outcome being guaranteed. There are those that make a consistent profit, however, they tend to manage their bankroll well, play safe and have the patience. Gamblers need to make it to the end of the game rather than focusing on winning big, as the one bad habit can cancel out the lot of good points they have earned.

[fruktik]

Gambling is not to be seen as a side hustle, which most people have turn it to be like that, putting their emotion at stake even though they know its a risky game, but they want to take the risk and this will end them up in a way that it will have to affect their mindset towards gambling, which they will have the perspective of it as a game for paycheck and not a game of fun, but they forget that they can't change the fact that gambling is for fun and not for profit and there is nothing they can do about it other than to just accept the fact.

Modern youth is unaccustomed to work. They find the very notion—that one must toil for 8 to 12 hours a day simply to earn a living—repugnant. That thought alone is terrifying. Consequently, an increasing number of people are turning to casinos and gambling, where, in their view, money can be acquired quickly and effortlessly. This is the primary factor that captivates impressionable minds. It is upon this foundation that an entire illusory world is constructed—a world in which it is all too easy to lose one's way and surrender to daydreams. Yet, in all likelihood, this poses a genuine danger.

[Big Dirams]

Be sincere I don't think I have come with any gamblers that will boldly claim that they are making money from prediction market, most of them are even know are not interested in prediction market because they know that the chance of them winning is very low compared to losing, maybe is a kind of game centralized for the rich to risk their assets in playing.

But have you come across any gamblers who have made it through normal betting and not on the prediction market? Both markets share equal risk. As far as I'm concerned, you have to pick an event you are comfortable risking your money on and not placing bets on all the events available in the market. Sometimes you will win. Other times you can lose, since it's a game or gesture you can't fully predict the outcome.

Most times we involve ourself into the activity we pick interest on and we begin to risk our money on it because we know we enjoy doing it while some just focus on what they have little understanding or more understanding on and trying taking part in it. The market is a risky place to be and it need to be followed gradually and also with caution so we wouldn’t get slipped by greed.
 
And a lot of gamblers have seen who have made a massive break through with betting even in our surrounding.  But it always difficult though to find them but they are people who make it through gambling.

[jaberwock]

I do not use it at all, so I am not going to be a very biased person regards to this. I can't say how people are doing, because I am not involved with that world at all. But I can tell you what I have seen on twitter and how people are doing, and it is clear that we are going to see something that is not going to be easy for anyone to handle this at all, it is not going to be something that we can profit from and we should be avoiding this as much as possible without a doubt. I get that it may not be simple, but we should be seeing how this could be risky stuff and could be very well avoided.

[Versatile_choice]

The prediction market is very hard for gamblers to make money their and it's more difficult than using a real casino.
The reason why there has been so many prediction market is because there is huge profits that can be made by their team.
I will rather prefer to use regular casino for betting than using money money to bet on prediction that can be influenced by politicians.

The thing is that gambling is just gambling whether it's been influenced by politicians or not its still gambling, so for me I don't see any difference between the both but just like you said that you would rather go for a different one than the one that is been influenced by politicians and of course this is just a personal decision I personally can't use my money to bet on the one that is influenced by politicians because their might be alot of manipulations in it, they might even do it in such a way that it will look obvious.

[AYOBA]

In gambling not every prediction are guarantee I can said that out of the 100% of the people who make a prediction a day is only 50 to 60% get their correct win the remaining once loss loss mostly because market of the gambling is unpredictable, and that’s why even those that has been a while and also claim experts in gambling still losing why? Is because the gambling is not about the experts or experience; everything about the gambling is about how luck.

[sunsilk]

If I'll get too active in the prediction market, I'll think of it as a fun way of doing it. Because my emotion could be at high when I do and I'm targeting to win each of my bet.

We're there to aim for the usual win every bet we make but, that's a different thing when we're thinking of each of that to have the goal of making money per bet we do.

It decreases the stress level if you value that when you've been thinking of a lot of things lately and this is an outlet to have fun.

[LUCKMCFLY]

Most times we involve ourself into the activity we pick interest on and we begin to risk our money on it because we know we enjoy doing it while some just focus on what they have little understanding or more understanding on and trying taking part in it. The market is a risky place to be and it need to be followed gradually and also with caution so we wouldn’t get slipped by greed.
 
And a lot of gamblers have seen who have made a massive break through with betting even in our surrounding.  But it always difficult though to find them but they are people who make it through gambling.

The level of knowledge of each person varies according to how much they have become obsessed with the activity. Sometimes geniuses say that the more you obsess with an activity, the better you will be, and that from the closest point of view seen by a psychologist is wrong, but if we think about it with a clear head, well, it is exactly like that, so the level of experience is not measured according to age but to what has been learned and matured at the right moment.