2% max recommended unless otherwise noted. 1% max recommended for soccer.
How many oil rigs will the US have at the end of the year?
(Market on Kalshi.)
I think this market is interesting because it's quite bullish. 🐮
My two cents... 🪙🪙
However, there are currently 486 oil rigs according to Baker Hughes. Moreover, Google is telling me it takes 18+ months to build a new oil rig. Finally, it's impossible to know, but it doesn't seem like there are that many oil rigs currently under construction. 🤔
So, why is the market bullish? Do they know something I don't? Maybe they do! On the other hand, maybe they're looking at the gross number of oil rigs during Trump's first term and thinking that can happen ASAP. 🇺🇸
What do you guys think? 🗿
Per request, we are putting together a complete audited set of results by sport from the inception of SportsPicks. As the 1st such report, here is the record of all 5% sports plays since we started. We aim for 60% success rate, and have actually exceeded that so far.