Will Hakeem Jeffries call on Biden to drop out by July 21?
Market Information
| Market Open Date | Start Date | Market Close Date | Currency | Taker Fee |
|---|---|---|---|---|
| 2024-07-13 | 2024-07-09 17:52 ET | 2024-07-21 | USD | 0.075% |
Rules
This market will resolve to "Yes" if Hakeem Jeffries publicly states that Joe Biden should drop out of the 2024 presidential race by July 21, 11:59 PM ET. Otherwise, this market will resolve to "No." Statements that the Democratic party should nominate another candidate other than Joe Biden will also qualify for a “Yes” resolution. Statements that are hedged or express ambiguity, such as “We need to consider our options for the nominee” will NOT qualify for a “Yes” resolution. The primary resolution source for this market will be official statements by Hakeem Jeffries or his official representative(s); however, a consensus of credible reporting may also be used.
There are "taker fees" on this market. The taker fees apply when you match an existing order on the order book. 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.