Studying this site, I see what appears to be easy money, but maybe missing something. Margin of victory. Popular vote, 1.5 to 3.0 %.....is listed as 2 cents. Right now I see that the margin is 2.9%, and there are so many votes cast that I don’t see the margin moving any higher. So if the margin even moves up one tenth, which is unlikely in my view, because there are a sizable amount of votes for trump sitting in Alaska, the investment pays off at 50 to 1.
What am I missing? $100 becomes $5000 before fees. what?????
then, if I wanted to hedge the bet, 3.0 to 4.5 is 35 cents. That one closes at 2.85 to one if it wins. $100 becomes $285.
if the margin is 3.0 I guess both would pay? $200 would turn into $5285 before fees!
I must be missing something. Maybe North Carolina has a Biden stash coming in. It would have to be massive.
Edited...don’t trust google to do math. I just put the numbers in right now. 70.8 divided by 146 =48.5 Trump
.....................75.2 divided by 146 = 51.5 Biden....mov is 3.0 according to me.
How does google not able to do math... they have trump at 47.7 and Biden at 50.6. That is how I got 2.9