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Investment Strategies / Mechanical Investing
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Author: ges 🐝  😊 😞
Number: of 77804 
Subject: If you're the gamblin' sort
Date: 07/13/24 9:59 AM
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No. of Recommendations: 1
and you like Biden...

https://www.predictit.org/markets/detail/7456/Who-...

Trump: 58 cents
Biden: 27 cents
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Author: albaby1 🐝 HONORARY
SHREWD
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Number: of 77804 
Subject: Re: If you're the gamblin' sort
Date: 07/13/24 10:34 AM
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No. of Recommendations: 5
And those aren't even the best odds. RCP compiles the various betting sites, converting their odds to percentages, and as of this morning Betfair has the line at an 11% chance of Biden winning. Basically 9:1 odds. So if you think Biden's going to pull through and win at the end, you can get a great price on that wager:

https://www.realclearpolling.com/betting-odds/2024...
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Author: Lapsody   😊 😞
Number: of 5504 
Subject: Re: If you're the gamblin' sort
Date: 07/13/24 10:40 AM
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No. of Recommendations: 1
Now it's 15, but Harris is at 14.5, almost identical. Strange. but there it is.
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Author: albaby1 🐝 HONORARY
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Number: of 5504 
Subject: Re: If you're the gamblin' sort
Date: 07/13/24 10:49 AM
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Now it's 15, but Harris is at 14.5, almost identical. Strange. but there it is.

That's the average. They list the individual betting sites below. You can get Biden at 11 on Betfair, which is the best price.

As for the above, it's not that strange. Trump's the favorite to win, in the high 50's, giving a little more than 40% chance for the Democrats. Bettors are split between Biden, Harris, and Rest of Field being the Democrat to beat him. They think Harris has the better shot against Trump, but that Biden's got a better chance at being the nominee.
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