2022

Where are political traders splitting tickets?

This November’s midterm election will see 36 Gubernatorial races and 35 U.S. Senate races. Of the 44 states with at least one of those elections, 26 states will hold both. PredictIt currently has a market for 17 Senate races and 17 Gubernatorial races, but only one state has traders splitting their proverbial ticket: Pennsylvania. Traders […]

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PredictIt traders betting on no Trump endorsement in GOP AL-SEN primary

On April 7, 2021, Former President Donald Trump endorsed six-term Republican Congressman Mo Brooks for the open Alabama Senate seat.  Nearly one year later, on March 23rd, Trump rescinded his endorsement of Brooks.  There has been speculation about how much of the “un-endorsement” was driven by Brooks’ desire to move past the 2020 Election versus

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PredictIt Updates Oregon Gov. Market for Betsy Johnson

Yesterday, April 5th, PredictIt updated its 2022 Oregon Gubernatorial market by adding an “Independent” contract along with the existing Republican and Democratic contracts.  This is clearly to account for Betsy Johnson’s independent (technically “Nonaffiliated”) campaign for Oregon Governor. We previously looked at this market back in November when then-State Senator Betsy Johnson’s independent candidacy was

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Gamblers are betting on Putin to remain in power through 2022

Even for a self-proclaimed “gaffe machine,” President Joe Biden outdid himself on March 26th with the declaration, “For God’s sake, this man cannot remain in power.”  Biden’s bold statement was quickly walked back by the White House: “He was not discussing Putin’s power in Russia, or regime change.” Despite the President of the United States

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Do gamblers see NH Senate race moving towards GOP?

When we looked at the betting markets a few weeks ago, gamblers were eyeing Republican wins in 11 of the 12 Senate races where both PredictIt and SBK were taking action.  In the past week, gamblers seem to see the 12th race – New Hampshire – as moving towards the GOP. PredictIt, Smarkets, and SBK

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