Maybe you can help me understand this.
If I buy a Hunter contract for 5% or $.50 and I sell it at 75%, I have made $7 from the buying trader.
What happens if I hold onto the contract and Hunter wins the Presidency(I believe I would make $9.5). Where does the money come from?
Where does the money come from?
***The money comes from all the other players who put their money where their mouth was (and lost). The way I see it, it’s like a poker hand.
https://www.intrade.com/jsp/tradesports/help/howitworks.html
“Where does the money come from?”
From those idiots that laid a bet for Rudy.