If you’re among the millions of Americans following the presidential race, then perhaps you can turn your political obsession into a tidy profit by betting on this year’s outcome—or hedge your potential disappointment and bet against your favored candidate.
PredictIt.org, a political-futures website that allows participants to wager on political outcomes, on April 1 showed President Biden as a slight favorite over former President Donald Trump in the general election—at 48 cents to 47 cents a share, respectively. Those prices reflect a race that is within the margin of error of many polls.
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