10+ Dem senators call on Biden to drop out by next Friday?
Market Information
| Market Open Date | Start Date | Market Close Date | Currency | Taker Fee |
|---|---|---|---|---|
| 2024-07-13 | 2024-07-11 18:12 ET | 2024-07-19 | USD | 0.075% |
Rules
This market will resolve to "Yes" if 10 or more Democratic US Senators call on Joe Biden to drop out of the 2024 presidential race by July 19, 2024, 11:59 PM ET. Otherwise, this market will resolve to "No." The resolution source for this market will be the New York Times official count, found here: https://www.nytimes.com/interactive/2024/us/elections/biden-drop-out-democrats.html. If at any point it shows 10 or more on the tracker, this market will immediately resolve to "Yes." If it doesn't show 10 or more by the resolution date, this market will resolve to "No." If information from the New York Times page is rendered unavailable for over 24 hours, a consensus of credible reporting may be used to resolve this market using the same criteria as the New York Times.
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.