Was looking into it, it says "PredictIt may determine how and when to settle the market based on all information available to PredictIt at the relevant time." Is this place trustworthy, as in wont take your money just because the media calls it? It also says "As of this time, the contract for "Republican" has reached the limit for the allowable number of traders." does that mean no more bets on AZ?
Each yes-vs-no item has a limit to the number of people who can participate in that item. I think it's 5000 people. The main presidential one is maxed out.
You can instead buy shares in some of the other ones, which are essentially the same thing, such as:
Sometimes you can get better deals by buying a "no" for Democrat, than "yes" for republican, so make sure to look at your available options before buyng. Also make sure to click "Read the full rules" because there's at least one which is a little misleading. For example:
This contract shall resolve to Yes in the event that any candidate in the 2020 U.S. presidential election wins more than 50% of the national popular vote.
This one resolves "yes" if (for example) Biden wins 50.1% of the popular vote, but loses the presidency.
What’s their metric, who is inaugurated on Jan 20? Guessing they didn’t call it just cause of the media that would be insane
It says under the rules for each pool. Most of them are worded in such a way, where it looks like they intend to wait as long as needed for accuracy.
Was looking into it, it says "PredictIt may determine how and when to settle the market based on all information available to PredictIt at the relevant time." Is this place trustworthy, as in wont take your money just because the media calls it? It also says "As of this time, the contract for "Republican" has reached the limit for the allowable number of traders." does that mean no more bets on AZ?
Each yes-vs-no item has a limit to the number of people who can participate in that item. I think it's 5000 people. The main presidential one is maxed out.
You can instead buy shares in some of the other ones, which are essentially the same thing, such as:
https://www.predictit.org/markets/detail/5961/Will-the-2020-TX-Democratic-primary-winner-win-the-presidency
I would recommend spreading out a little, and also putting a few dollars into individual states:
https://www.predictit.org/markets/13/Prez-Election
Sometimes you can get better deals by buying a "no" for Democrat, than "yes" for republican, so make sure to look at your available options before buyng. Also make sure to click "Read the full rules" because there's at least one which is a little misleading. For example:
https://www.predictit.org/markets/detail/6833/Will-any-presidential-candidate-win-more-than-50-of-the-popular-vote
This one resolves "yes" if (for example) Biden wins 50.1% of the popular vote, but loses the presidency.
Thanks!