PredictIt is a U.S.-based prediction market and SBK is a British sports betting app, but both are indicating that political gamblers see Republicans making gains in the U.S. Senate this year (at least as of Friday, February 4, 2022). The probabilities in the 12 Senate races where both platforms are currently accepting action are extremely […]
PredictIt and SBK forecasting Republican Senate gains in 2022 Read More »
With it looking increasingly likely that Republicans will control the Senate after the 2022 midterm elections, Democrats are stepping up pressure on Justice Stephen Breyer to retire while their party retains a slim majority (51-50) in the U.S. Senate. As of January 13th, both PredictIt (Yes: $0.56) and Kalshi (Yes: $0.52) traders think it’s slightly
Kalshi, PredictIt (faintly) see a new Supreme Court Justice in 2022 Read More »
As of Thanksgiving Day, PredictIt’s market in the Oregon 2022 Governor’s election contained price discrepancies in the “Best Buy” Republican and Democrat contracts. PredictIt offers binary option contracts: an event either happens or does not happen (Yes or No). A “winning” prediction receives $1/share, and a “losing” share receives nothing. PredictIt traders can buy “Yes”
