PredictIt uses a continuous double auction to sell shares for each event in its markets, meaning that for every person who predicts that an event will take place, there must be another person who predicts that it will not. The site groups related predictions into a market. Operating expenses are covered by charging a fee of 10% on earnings in excess of the original investment and by charging an additional 5% withdrawal fee. PredictIt has many different categories of markets including qu… WebNov 10, 2024 · Lets say I buy 100 of these contracts for $85, and I win as seems virtually guaranteed. Then I receive $100. From this $100, predictit takes 10% of the winnings, or …

PredictIt - Deducting Unreported Fees : r/tax - Reddit

WebPredictit.org is withholding around $6000 of winnings minus their 5% withdraw fee. I have not been able to get in touch with anyone at the company and the only phone number I … WebVOTE A lot of what the mainstream media reports is just nonsense: scare stories, stories that miss the point, and bias (PredictIt charges a 5% “processing fee” for withdrawals, … jvcc dc-wgt-01 window glazing tape

No, You Don

WebA flat withdrawal fee is fair. I'm with afoux1 on this. Or cap the 5% fee for the first $500- or whatever is fair. But it costs predictit no more to cut a $50- or $500- or $5000- check. The current 5% fee is exorbitant, given the 10% chunk predictit has already taken out of … WebNo Fee (when no currency conversion is involved) where withdrawal amount is greater than 400.00 MYR: 3.00 MYR If withdrawal amount is less than 400.00 MYR; PE: 4.00 PEN (per withdrawal) PH: No Fee (when no currency conversion is involved) where withdrawal amount is greater than 7000.00 PHP: 50.00 PHP If withdrawal amount is less than 7000.00 ... WebJan 31, 2024 · The latest Tweets from PredictIt_is_a_SCAM (@APredictit). This page is dedicated to anyone who PredictIt owes money but refuses to pay. Please contact me if … jvc cartridge to dvd transfer