When Will Rishi Sunak Leave Office?

Contract

Before January 1, 2023

Best Yes Price

Options

Best Price Implies

Implied Probability: 2%
European Decimal Odds: 50
American Odds: +4900
Buy
Ask Price Ask Size
Sell
Bid Price Bid Size

Contract

From January 1, 2023 to December 31, 2023

Best Yes Price

24¢

Options

Best Price Implies

Implied Probability: 24%
European Decimal Odds: 4.167
American Odds: +316.7
Buy
Ask Price Ask Size
Sell
Bid Price Bid Size

Contract

After January 1, 2024

Best Yes Price

85¢

Options

Best Price Implies

Implied Probability: 85%
European Decimal Odds: 1.176
American Odds: -566.7
Buy
Ask Price Ask Size
Sell
Bid Price Bid Size

Market Information

Market Open Date Market Close Date Currency Profit Fee
2022-11-03 2024-01-02 USD 0%

Rules

This market will resolve positively to the bracket containing the period of time that Rishi Sunak, Prime Minister of the United Kingdom, leaves office according to official reporting from the United Kingdom, or if necessary, a consensus of credible reporting. The market can be immediately resolved if Rishi Sunak leaves office for any reason. If he later returns or is re-appointed as Prime Minister, this will have no bearing on the resolution of this market. If Rishi Sunak holds the office of Prime Minister without interruption until January 1, 2024 at 11:59PM ET, then the market will resolve to "After January 1, 2024". Insight Prediction reserves the right of judgment in the event of any ambiguity or political controversy. End Date: 01/02/2024

There are "maker subsidies" and "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 maker subsidies are .025 times the price, times the potential profit (e.g., Maker Subsidy per share = .025*Price/100*(1-Price/100)). The taker fees are .075 times the price, times the potential profit (e.g., Taker Fee per share = .075*Price/100*(1-Price/100)). Thus, the maker subsidy to buy 100 shares at 20 cents would be: 100*.025*(20/100)*(80/100) = $0.40, and the taker fee would be $1.20. The full fee schedule is here. The "Bet Locks" feature is enabled for this market, so bets placed after announcement or confirmation will be returned in the event of a sudden departure from office. Note that announcement of intent to leave office is not sufficient for resolution and accordingly will not trigger bets being returned if resolution criteria are not met within 72-hours. Funds from liquidated positions will be unable to be withdrawn or traded for 72-hours. See FAQ for further information.