Romney to win is trading for $3.32 per share.
http://www.intrade.com/v4/markets/contract/?contractId=743475#buy
How much will a share be worth when Romney wins? Looks like easy money.
I bought at $2.21. ;)
http://www.intrade.com/v4/markets/contract/?contractId=743475#buy
How much will a share be worth when Romney wins? Looks like easy money.
I believe $10. It looks like a very interesting way to lose easy money.
They are yes or no votes. Will Romney win? Yes or No. Will Obama win is an entirely different future one can buy. One is not dependent upon the other; thus the percentages will not match because one can “predict” one without “predicting” against the other.
It pays at $10 per share when the event happens.