The Soapbox

Joined: 03/16/2005 Posts: 16419
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What's this?

I think that's not right. It looks like you're buying a futures contract

that pays $1 if you win. So buying a Biden to win contract at $0.54 would pay you $1.00 and net you 0.46. Take a look at the sure things A Biden nomination future costs you $0.90. The only way that makes sense is if you get $1.00 back to net 0.10 and you lose .90 if you are wrong. All this minus the vig, or whatever site fees there are.

(In response to this post by WaxHoo)

Posted: 04/22/2024 at 11:35AM

+1

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Current Thread:

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Nope. $1.00 ** -- Shenhoo 04/22/2024 11:43AM

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