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Those who want to buy shares of the presidential market need a little bit of luck. For a new trader to be welcomed in, one of the 5,000 traders who has already bought shares would need to sell and exit. “We’re like a stadium at capacity — one out, one allowed in,” Jennings declared.<\/p>\n<\/div>\n
Those who are in the market continue to trade heavily. Just this week, more than one million shares were bought and sold. That averages out to a little more than 200 shares per PredictIt trader in the presidential market.<\/strong><\/p>\nLatest Odds<\/b><\/h2>\n We’re just five days from Election Day, though more than 75 million Americans have already cast their vote.<\/p>\n
Sportsbooks in the US cannot take bets on the 2020 outcome. But William Hill in the UK has Biden the heavy favorite at 11\/20 (64.52 percent). Trump is at 6\/4 (40 percent).<\/strong><\/p>\nSome late money came last week on the President successfully winning a second term, which momentarily forced books to adjust their lines in Trump’s favor. However, those lines have since shortened on the former VP becoming president.<\/p>\n
The Real Clear Politics <\/i>polling average has Biden with a 7.4-point lead.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" Online betting exchange PredictIt says more than 115 million shares have been traded on the 2020 presidential election outcome, an all-time record for the site. The news follows Betfair, a political betting exchange based in London, reporting that over $260 million has been wagered on either President Donald Trump or Democratic challenger Joe Biden. The […]<\/p>\n","protected":false},"author":25,"featured_media":153813,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[61,1],"tags":[],"acf":[],"yoast_head":"\n
PredictIt 2020 Presidential Betting Market Hits Record 115M Trades<\/title>\n \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