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Joe Biden (D) hits highest share price in PredictIt’s 2024 presidential general election market since September 2022

By Ellen Morrissey,

15 days ago
https://img.particlenews.com/image.php?url=2KXcUO_0sbDH4dt00

As of April 23, 2024, PredictIt’s 2024 presidential general election market shows President Joe Biden (D) at $0.54 and former President Donald Trump (R) at $0.45. Biden has held the lead in this market since March 31, 2024. No other candidate has more than a $0.10 share price. The share price, which rises and falls based on market demand, roughly corresponds to the market’s estimate of the probability of an event taking place.

https://img.particlenews.com/image.php?url=2HjN17_0sbDH4dt00

The Democratic presidential primary market shows Biden leading at $0.89. No other candidate has a share price at or above $0.10.

https://img.particlenews.com/image.php?url=1Sbmxx_0sbDH4dt00

Trump leads the Republican presidential primary market at $0.90. No other candidate has a share price at or above $0.10.

https://img.particlenews.com/image.php?url=2DatZG_0sbDH4dt00

PredictIt is an online political futures market in which users purchase shares relating to the outcome of political events using real money. Each event, such as an election, has a number of contracts associated with it, each correlating to a different outcome. Services such as PredictIt can be used to gain insight into the outcome of elections.

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