Will Republicans Win the Popular Vote by 5% or More in the Presidential Election?
Market Information
| Market Open Date | Market Close Date | Currency | Taker Fee |
|---|---|---|---|
| 2024-09-12 | 2024-11-10 | USD | 0.075% |
Rules
This market will resolve to "Yes” if the Republican Party wins the popular vote in the 2024 U.S. Presidential Election by 7% or more of the popular vote when compared with the second place party. Otherwise, this market will resolve to "No".
For the purpose of resolving this market, the 'margin of victory' is defined as the absolute difference between the percentages of votes received by the Republican Party and the second-place party. Percentages of the votes received by each party will be determined by dividing the total number of votes each of the two parties receives by the sum of all votes cast in the election.
This market will resolve based off the official vote count once all States and D.C. have certified their votes. If votes are never certified, such as due to a contested election, this market will resolve No.
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.