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To: Lonesome in Massachussets

I think that is what I was trying to say.
Odds are set to make sure bets on both sides are covered. Bookies don’t want risk having to pay their own money out.


16 posted on 11/02/2021 1:37:00 PM PDT by Little Ray (Civilization runs on a narrow margin. What sustains it is not magic, but hard work. )
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To: Little Ray

Maybe Trump made a large bet on McAuliff, willing to lose the money.


19 posted on 11/02/2021 1:40:42 PM PDT by sanjuanbob (I’ve got blisters on my fingers)
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To: Little Ray

Predictit isn’t even a bookie, they are just facilitators. They provide a marketplace for people who want to wager against each other. They charge the winners 10% of their “profits”. There has been a surge in volume in the past couple of hours, accompanied by surge in price for McAuliffe, who had only been trailing on Predictit for the past few days.


49 posted on 11/02/2021 1:59:57 PM PDT by Lonesome in Massachussets (Diana Moon Glampers for Secretary of Education! )
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