Will Andy Beshear Win the 2023 Kentucky Gubernatorial Election?
Market Information
| Market Open Date | Market Close Date | Currency | Taker Fee | Maker Subsidy |
|---|---|---|---|---|
| 2023-11-07 | 2023-11-30 | USD | 0.1% | -0.05% |
Rules
This market will resolve positively if Andy Beshear (D) wins the 2023 Kentucky Gubernatorial Election. This market will resolve based on a consensus of credible reporting, or if there is any ambiguity in the results, resolve based on the official results from the Kentucky SOS.
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 .05 times the price, times the potential profit (e.g., Maker Subsidy per share = .05*Price/100*(1-Price/100)). The taker fees are .1 times the price, times the potential profit (e.g., Taker Fee per share = .1*Price/100*(1-Price/100)). Thus, the maker subsidy to buy 100 shares at 20 cents would be: 100*.05*(20/100)*(80/100) = $0.80, and the taker fee would be $1.60. The full fee schedule is here.