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These days, the website PredictIt is about the only place to go for unfiltered opinions of everyday Americans speculating on the future of U.S. politics. PredictIt users have registered their collective opinion that Joe Biden has only a 20 percent chance of being reelected in 2024—a staggeringly low number for a president who’s barely a year and a half into his term. Naturally, the Biden Administration wants to shut it down. The Commodity Futures Trading Commission (CFTC), headed by Biden appointee Rostin Behnam, has decreed that PredictIt must cease operations by February 15, 2023. The reason is unclear. The CFTC’s...

We are finally in the home stretch of the presidential election between Donald Trump and Joe Biden, and we are going to be taking a look at how the gambling odds adjust into the evening Joe Biden: 17/10 Donald Trump: 3/10 This means that President Trump has gone from being a 2-1 underdog as of 5:45 pm ET to being a prohibitive favorite. Texas Trump: 1/10 Biden: 9/2 Arizona Trump: 4/11 Biden: 15/8 Georgia Trump: 1/7 Biden: 7/2 Michigan Trump: 4/6 Biden: 11/10 North Carolina Trump: 1/12 Biden: 5/1 Ohio Trump: 1/9 Biden: 5/1 Pennsylvania Trump: 4/6 Biden: 11/10

Anyone playing around with PredictIt for the election? It's fun to throw a few bucks at and watch what happens. I know just enough to be dangerous! LOL I bet on several long shot races that I feel will pay off, including +3 net senate seats, winning WI, MI, MN, PA. Made tiny bets on NJ & NY. I'm up a few bucks right now and don't plan on selling, just closing out when the election is over.

Sanders has been the front-runner on Predictit for some time, at 65% odds of getting the Democratic nomination on February 23, but he is now at 37%, presumably because Biden won South Carolina and got endorsements from Klobuchar and Buttigieg. I have been focused on posting anti-Sanders stories because I thought he was the front-runner and also the most dangerous potential President, but now anti-Biden stories are also important. I understand that betting markets will not always get things right. Predictit had Trump at about 33% just before the election. But that 33% was higher than most pundits estimated, and...

The odds of Hillary Clinton entering the 2020 presidential race and winning the Democratic nomination jumped to third place per PredictIt, as rumors swirl that she'll be back to take another bite at the apple. Notably, former Trump chief strategist Steve Bannon told Fox Business last week "She is running. She’s just trying to decide how to fit her way in."

Moore 61 and rising Jones 41 and falling