A few comments from someone who regularly trades on PredictIt:
1) The maximum allowed bet is $850 (not $800), and this is only on a per contract basis. Therefore, if you are betting on Biden winning, you can max NO on Trump and YES on Biden for a total of $1700 in the same market.
2) PredictIt also has numerous overlapping markets which are all tied to the results of the general election. Currently all the markets below let you bet on the outcome in November, allowing your max bet in practice to substantially exceed the $850 limit.
A few comments from someone who regularly trades on PredictIt:
1) The maximum allowed bet is $850 (not $800), and this is only on a per contract basis. Therefore, if you are betting on Biden winning, you can max NO on Trump and YES on Biden for a total of $1700 in the same market.
2) PredictIt also has numerous overlapping markets which are all tied to the results of the general election. Currently all the markets below let you bet on the outcome in November, allowing your max bet in practice to substantially exceed the $850 limit.
https://www.predictit.org/markets/detail/3698/
https://www.predictit.org/markets/detail/5960/
https://www.predictit.org/markets/detail/5961/
https://www.predictit.org/markets/detail/5963/
https://www.predictit.org/markets/detail/2721/
...and this doesn't even include state specific markets or markets dealing with popular and electoral... (read more)