Will Pennsylvania Be the Tipping Point State?
Market Information
Market Open Date | Start Date | Market Close Date | Currency | Taker Fee |
---|---|---|---|---|
2024-07-25 | 2024-07-16 14:02 ET | 2024-11-05 | USD | 0.075% |
Rules
This market will resolve to "Yes" if Pennsylvania is determined to be the tipping point jurisdiction in the 2024 U.S. Presidential Election. Otherwise, this market will resolve to "No". The tipping point jurisdiction is defined as the jurisdiction that gives the winning candidate the necessary electoral votes to reach or surpass 270 electoral votes when states are ordered by the margin of victory. The margin of victory is the difference in the percentage of votes between the top two candidates. In this ordering, the tipping point state is the one where adding its electoral votes to the cumulative total reaches or exceeds 270 for the first time. The respective percentages of the vote won will be determined based on the official vote count once each listed jurisdiction has certified their votes. For purposes of this market, the jurisdiction is considered won by the candidate who wins the popular vote in that jurisdiction. Faithless electors shall have no effect on the outcome. The resolution source for this market will be the official vote count once all the listed jurisdictions have certified their votes. If there is a recount in any listed jurisdiction before certification, the market will remain open until the recount is completed and the vote is certified. If a recount occurs after certification, the recount will not be considered.
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.