Drake Arrested by Friday?
Market Information
| Market Open Date | Start Date | Market Close Date | Currency | Profit Fee |
|---|---|---|---|---|
| 2024-05-07 | 2024-05-06 12:32 ET | 2024-05-11 | USD | 0% |
Rules
This market will resolve to "Yes" if Drake (Aubrey Drake Graham) is arrested between May 6, 2024, 12:00 PM ET and May 10, 2024, 11:59 PM ET. Otherwise, this market will resolve to "No". The primary resolution source for this market will be a consensus of credible reporting. However, official information from the government involved in any action against Drake and information from Drake's legal representatives will also be used.
There are "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 taker fees are .075 times the price, times the potential profit (e.g., Taker Fee per share = .1*Price/100*(1-Price/100)). Thus, the taker fee to buy 100 shares at 20 cents would be: 100*.075*(20/100)*(80/100) = $1.20.