Will Donald Trump Smile in His Mug Shot?
Market Information
| Market Open Date | Market Close Date | Currency | Taker Fee | Maker Subsidy |
|---|---|---|---|---|
| 2023-03-21 | 2023-05-01 | USD | 0.075% | -0.025% |
Rules
This market will resolve positively if Former President Donald J. Trump is shown to be smiling in the first mug shot released to the public of his face by April 30, 2023 at 11:59PM ET. If no mug shot of his face is released to the public by April 30, 2023 at 11:59PM ET then this market will resolve to "No". This market will resolve according to a consensus of credible reporting. In the event of any ambiguity or controversy, Insight Prediction reserves the right of judgment. End Date: 05/01/2023
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.
Rules Update (03/21/23 9:40PM ET): This market will resolve the same way as other global betting platforms, if the result is not disputed.