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Re:Prediction Markets Beat Polls by ISL on Tuesday November 17, 2020 @06:45PM (#25131419)
I am aware of caps on the amount of money an individual can risk in prediction markets, but not a cap on the total number of positions.

Where might one find such a market that presently shows a 10% Trump chance? It would be interesting to see what the trading volume looks like.

Re:Prediction Markets Beat Polls by croddin on Tuesday November 17, 2020 @06:48PM (#25131437)
Re:Prediction Markets Beat Polls by sushid on Tuesday November 17, 2020 @06:56PM (#25131507)
Yes but you can't purchase that contract. PredictIt is not a free market betting platform with a bunch of restrictions (e.g. $850 limit per contract per person, 5000 bettor limit per contract, 10% vig on winnings, 5% vig on all cash withdrawn).

That being said, I've told friends to make free 5% after all those fees (before tax) and a bunch have made some beer money by betting on PA and a few other states.