This market will resolve positively if Kari Lake (Republican) concedes in her 2022 race against Katie Hobbs (Democrat) for Arizona Governor by December 15, 2022 at 11:59PM ET. For the purposes of this market, concession will be determined by a statement from Lake or her campaign indicating that Hobbs has won the race or that Lake has accepted defeat. If necessary, this will be confirmed by a consensus of credible reporting. If Lake concedes the race but later re-opens criticism or litigation, this will have no bearing on the resolution of this market. In the event of any ambiguity or controversy, Insight Prediction reserves the right of judgment. End Date: 12/16/2022

There are "maker subsidies" and "taker fees" on this market. The taker fees apply when you match an existing order on the order book, whereas the maker subsidy happens when you place an unmatched order that is matched later. The maker subsidies are .025 times the price, times the potential profit (e.g., Maker Subsidy per share = .025*Price/100*(1-Price/100)). The taker fees are .075 times the price, times the potential profit (e.g., Taker Fee per share = .075*Price/100*(1-Price/100)). Thus, the maker subsidy to buy 100 shares at 20 cents would be: 100*.025*(20/100)*(80/100) = $0.40, and the taker fee would be $1.20. The full fee schedule is here. The "Bet Locks" feature is enabled for this market, so bets placed after announcement or confirmation will be returned. Funds from liquidated positions will be unable to be withdrawn or traded for 72-hours. See FAQ for further information.