The bet is available on PredictIT. The numbers don't always add to $1 (actually $2 on this market because of the independent) because of bid/ask spreads and because PredictIt's fees make it unprofitable to always push the market to this point.

The answer is not bid-ask spreads, as I said in my comment. The answer is probably substantial hidden fees. But your original post quoted 38% ignoring the fees. If you don't know the details of the bets, it's not surprising that you think that they are good opportunities.

Open Thread, Feb 8 - Feb 15, 2016

by Elo 1 min read8th Feb 2016224 comments

4


If it's worth saying, but not worth its own post (even in Discussion), then it goes here.


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