Casino.org<\/em>. \u201cIf you bet on an unimaginably large Biden blowout, then you\u2019re in the money right now.\u201d<\/p><\/blockquote>\nEven a 150-to-209 vote margin for Biden went from 14 cents to 18 cents from Wednesday to Friday, and held firm there Saturday. That price, the highest per share of any of the possibilities, would represent a more than 4-to-1 return if it cashes out.<\/p>\n
Based on PredictIt’s trading markets for individual states, Biden, the Democratic nominee, holds a 335-203 edge over Trump, the Republican incumbent. However, three states – Georgia, Iowa, and Ohio – could be considered toss-ups leaning toward Trump. Biden, whose favored by traders in the toss-up states of Florida and North Carolina, could gain up to another 40 votes – possibly a 375-163 margin – if he can flip the other three toss-ups.<\/p>\n
Barrett Confirmation Takes Hit, But Big Picture Remains Clear<\/h2>\n
On the Supreme Court side, traders still believe Barret will get nominated. But there\u2019s less certainty now about when that might happen.<\/p>\n
Trading on shares that the federal appeals judge will receive 51 votes, a simple majority in the Senate and enough to confirm her, are trading at 49 cents, up from 42 cents on Monday. That current price essentially equates to even-money odds.<\/p>\n
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However, shares that she\u2019ll be confirmed before Election Day dropped by more than 30 cents, from 87 cents last Sunday to 56 cents on Friday. They did bounce back to 61 cents Saturday.<\/p>\n<\/div>\n
Keendawg notes that while traders who got in early on a quick confirmation for Barrett have taken a hit, the conventional wisdom still remains the same.<\/p>\n
\u201cBig picture, this probably hasn\u2019t changed much, and the market reflects that,\u201d <\/strong>he said. \u201cBettors still think Trump will lose, that Barrett will eventually be confirmed, and that both houses of Congress will be controlled by Democrats.\u201d<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"A surreal Saturday \u2013 the first full day President Trump spent at Walter Reed Medical Center dealing with COVID-19 \u2013 saw additional people from the President\u2019s inner circle announce they had tested positive for the coronavirus. There had been mixed reports about the president\u2019s condition, according to various media outlets. However on Saturday night, Navy […]<\/p>\n","protected":false},"author":45,"featured_media":151035,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20,61],"tags":[],"acf":[],"yoast_head":"\n
PredictIt Election, SCOTUS Markets Move as Trump Deals with COVID<\/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