Who Will Win the 2024 US Presidential Election?
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Market Information
| Market Open Date | Market Close Date | Currency | Taker Fee | Maker Subsidy |
|---|---|---|---|---|
| 2023-10-16 | 2024-12-31 | USD | 0.075% | -0.025% |
Rules
The market will resolve positively based on the individual who wins the 2024 General Election for U.S. President, as determined by securing a majority of presidential electors according to the Electoral College system. In the event of any ambiguity or controversy, Insight Prediction reserves the right of judgment and may wait for there to be a definitive announced winner or other additional official reporting. End Date: 12/31/2024
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 can be 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.