Political Predictions by Markets, from Stefan Jovanovich
PredictIt offers its predictions for 2020.
The posted prices compute as these odds:
Trump - 7/5, Biden - 19/5
Trump to win - 42 cents; Democrat Party to win - 56 cents.
Net gain: 2 cents on a bet of 98 cents (2%) that will pay off in 17 months if Trump is the nominee.
Biden to win - 21 cents, Republican Party to win - 47 cents.
Net gain: 32 cents on a bet of 68 cents (47%) …