Will Biden Be President on September 30th, 2022?
Market Information
Market Open Date | Market Close Date | Currency | Profit Fee |
---|---|---|---|
2022-05-31 | 2023-02-22 | USD | 0% |
Rules
This is a market on whether Joe Biden will still be President of the U.S. on June 30th, 2022. The market will resolve the two days later on July 2nd, 2022. The resolution source is the Library of Congress: https://www.loc.gov/rr/print/list/057_chron.html
There are "taker fees" on this market, of .075 times the expected profit (e.g., Taker Fee per share = .075*Price/100*(1-Price/100)). Thus, the fee to buy 100 shares at 20 cents would be: 100*.075*(20/100)*(80/100) = $1.20. The full taker fee schedule is here. End Date: 10/02/2022