Going to be a lot of “traders” who are going to lose a bundle.
In fact day traders are a lousy bunch to bet along with as 80% of them lose money. Most are basing their decision on faulty data spread by the msm and weighted by erroneous voter registrations via ACORN or like minded commies.
It’s a zero sum market. Slightly less than zero sum considering transaction costs.
But for every dollar lost by a “trader” there will be a dollar made by a “trader’.
The price distribution among the states is highly skewed and is thus very unlikely to be predictive.
Note that Intrade is often used as a market into which other betting syndicates lay off risk.
I think there is enormous money to be made on Intrade this year in very many of the state markets.
Good Luck !
jas3