Will Trump drop out of presidential race?

Contract

Best Yes Price

Options

Best Price Implies

Implied Probability: 6%
European Decimal Odds: 16.667
American Odds: +1566.7
Buy
Ask Price Ask Size
Sell
Bid Price Bid Size

Market Information

Market Open Date Start Date Market Close Date Currency Taker Fee
2024-06-11 2024-05-30 23:42 ET 2024-11-05 USD 0.075%

Rules

This market will resolve to "Yes" if Donald Trump officially announces his withdrawal or is confirmed to have withdrawn from the 2024 US presidential race. In the event of any extenuating circumstances that prevents Donald Trump from continuing the race, this market will also resolve to "Yes". If Donald Trump does not drop out or is not forced to withdraw from the 2024 Presidential Election by 12:01 AM ET on November 5, 2024, this market will resolve to "No". The primary resolution source for this market will be official information from Donald Trump or his official/legal representatives, however a consensus of credible reporting 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.