PredictIt

Two Upcoming Events About Prediction Markets’ Legal Status

There are two upcoming events related to the PredictIt (April 18th) and Kalshi (May 30th) lawsuits against the CFTC: (1) Clarke v. CFTC webinar The Federalist Society is hosting a webinar featuring the attorney representing the plaintiffs in the PredictIt lawsuit, as well as Aristotle’s General Counsel. Discussing Clarke v. CFTC: The Case of PredictIt […]

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Presidential Prediction Market Déjà vu        

Feelings of déjà vu from the spring of 2020 for political forecasters and gamblers stems not from another contentious election, hopeless gridlock in D.C., or even the same presumptive nominees, but from Donald Trump and Joe Biden, again, both trading below 50% on prediction markets like PredictIt.  Four years ago neither Trump nor Biden were

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FEC Reports Fail to Move Election Markets

We’re using PredictIt share prices to quantify how recent FEC reports may have led to changes in each candidate’s chances to win the GOP presidential nomination.  Those reports are: Presidential Super PACs also had a FEC semi-annual reporting period close on June 30th, although they didn’t have to file until July 31st.  The next period

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DWAC is immune from Trump’s presidential chances – for better or worse

The stock price for former President Donald Trump’s long-suffering SPAC seems to be unaffected by his prospects of winning the 2024 Presidential Election or his various legal issues. Digital World Acquisition Corp. (DWAC) is a “special purpose acquisition company” (SPAC), a shell company established on a stock exchange to raise funds for future unidentified acquisitions

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GOP Primary Candidates’ Polls, Probabilities, and PACs (from June 30th)

This is a (very late) campaign finance article looking at the 2024 GOP Presidential candidates, and how their spending is correlated with their standing in the polls and probability of winning. In the aftermath of McCain-Feingold, Citizens United, Speechnow, and Wisconsin Right to Life, candidates for President cannot hope to be competitive without relying on

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