Americans re-elected our majority in 2016 and expanded it in 2018 because we pledge to work with President Trump and support his agenda, particularly his outstanding appointments to the federal judiciary,\u201d the Kentucky Republican said last week in a statement. \u201cOnce again, we will keep our promise.\u201d<\/p><\/blockquote>\n
On Monday, PredictIt established a market for when the Senate will vote on the next nominee. Shares for before the Nov. 3 general election slowly climbed through the week, going from 65 cents on Monday to 80 cents Friday, with most of the trading taking place early in the week.<\/p>\n
Shares dipped a little Saturday afternoon, trading 78 cents. Shares for Nov. 3 to Jan. 2 were trading at 16 cents, while shares for Jan. 3-19 were 2 cents, and on or after Jan. 20, the presidential Inauguration Day, were at 5 cents.<\/p>\n
Smarkets Offers Similar Odds in UK<\/h2>\n
PredictIt is the only legal market in the US for political trading. However, political betting in Great Britain and other countries is legal, and those jurisdictions are taking wagers on the Supreme Court pick.<\/p>\n
British-based Smarkets has halted trading on who the nominee will be, with odds on Barrett at -5000, which means a $5,000 bet would net $100 in winnings. Those odds also equal an implied probability of 98 percent.<\/p>\n
Smarkets is still accepting bets on its trading portal for when the next justice will be sworn. Odds on that happening before Nov. 2 are at -323, while a swearing in ceremony between Nov. 3 and Jan. 19 is trading at +245. After Jan. 20, shares are at +1050.<\/p>\n","protected":false},"excerpt":{"rendered":"
Amy Coney Barrett will be President Trump\u2019s pick to fill the Supreme Court seat vacated by the death of Ruth Bader Ginsburg. That\u2019s according to media reports that started circulating Friday evening. Trump is expected to announce his Supreme Court nominee late Saturday afternoon, but the trading market on PredictIt is already moving toward the […]<\/p>\n","protected":false},"author":45,"featured_media":150187,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[19,61],"tags":[],"acf":[],"yoast_head":"\n
Reports Indicate Trump to Pick Barrett for Supreme Court<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n