Predict it is trending the same (kinda) as it did in ‘16 so they must be making odds on the same info. They don’t care a whole lot frankly who wins anyhow. They get their cut.
Predict it doesn't make the odds; their traders do. If you think, as I do, that Trump is more than 36% likely to win then you can, as I did, purchase $1 Biden-no contracts at 36 cents each. And this will drive the price up...
Predict it is trending the same (kinda) as it did in ‘16 so they must be making odds on the same info. They don’t care a whole lot frankly who wins anyhow. They get their cut.
Predict it doesn't make the odds; their traders do. If you think, as I do, that Trump is more than 36% likely to win then you can, as I did, purchase $1 Biden-no contracts at 36 cents each. And this will drive the price up...
And how did the betting look in 2016? Wasn't it the exact same thing?
Worse, IIRC. Trump trading below ten cents. Some people made bank.