{"id":260488,"date":"2024-09-22T21:45:53","date_gmt":"2024-09-22T21:45:53","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/09\/22\/why-do-prediction-markets-differ-in-pricing-the-election\/"},"modified":"2025-06-25T17:11:11","modified_gmt":"2025-06-25T17:11:11","slug":"why-do-prediction-markets-differ-in-pricing-the-election","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/09\/22\/why-do-prediction-markets-differ-in-pricing-the-election\/","title":{"rendered":"Why Do Prediction Markets Differ in Pricing the Election?"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"post-53865\">\n\t\t\t\t<!-- .entry-header --><\/p>\n<div class=\"entry-content\">\n<p>RealClearPolitics betting average, today, has Harris-Trump 52.3 to 46.3.<\/p>\n<p><a href=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/09\/rcp_22sep24.png\"><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-53866\" src=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/09\/rcp_22sep24.png\" alt=\"\" width=\"582\" height=\"442\" srcset=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/09\/rcp_22sep24.png 582w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/09\/rcp_22sep24-300x228.png 300w\" sizes=\"(max-width: 582px) 100vw, 582px\"\/><\/a><\/p>\n<p><em><strong>Source:<\/strong> <a href=\"https:\/\/www.realclearpolling.com\/betting-odds\/2024\/president\">RCP<\/a>, accessed 9\/22\/2024, ~ 3pm CT.<\/em><\/p>\n<p>\u00a0<\/p>\n<p>PredictIt, the only platform able to operate in the US, is excluded from the RCP average now (it wasn\u2019t a couple weeks ago), and has Harris-Trump at 58-45, up by 13 cents.<\/p>\n<p><a href=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/09\/predictit_pres_22sep24.png\"><img decoding=\"async\" class=\"alignnone size-full wp-image-53867\" src=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/09\/predictit_pres_22sep24.png\" alt=\"\" width=\"416\" height=\"405\" srcset=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/09\/predictit_pres_22sep24.png 416w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/09\/predictit_pres_22sep24-300x292.png 300w\" sizes=\"(max-width: 416px) 100vw, 416px\"\/><\/a><\/p>\n<p><em><strong>Source:<\/strong> <a href=\"https:\/\/www.predictit.org\/markets\/detail\/7456\/Who-will-win-the-2024-US-presidential-election\">PredictIt<\/a>, accessed 9\/22\/2024, ~ 3pm CT.<\/em><\/p>\n<p>Clearly, not all markets are asking the same question, and each platform has different constraints (betting limits, where operable, etc.). Still, this seems like a large gap (6 cents vs. 13 cents).<\/p>\n<p>By the way, despite differences in the early days of the Harris campaign, seemingly near-equivalent bets are registering similar odds now: 58-45 Harris over Trump, 59-44 for Democrats over Republicans for White House, 58-42 Harris is 47th President.<\/p>\n<\/p><\/div>\n<p><!-- .entry-content --><\/p>\n<footer class=\"entry-meta\">\n\t\t\tThis entry was posted on <a href=\"https:\/\/econbrowser.com\/archives\/2024\/09\/why-do-prediction-markets-differ-in-pricing-the-election\" title=\"1:43 pm\" rel=\"bookmark\"><time class=\"entry-date\" datetime=\"2024-09-22T13:43:06-07:00\">September 22, 2024<\/time><\/a><span class=\"by-author\"> by <span class=\"author vcard\"><a class=\"url fn n\" href=\"https:\/\/econbrowser.com\/archives\/author\/menzie_chinn\" title=\"View all posts by Menzie Chinn\" rel=\"author\">Menzie Chinn<\/a><\/span><\/span>.\t\t\t\t\t\t\t\t<\/footer>\n<p><!-- .entry-meta -->\n\t<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/econbrowser.com\/archives\/2024\/09\/why-do-prediction-markets-differ-in-pricing-the-election\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] RealClearPolitics betting average, today, has Harris-Trump 52.3 to 46.3. Source: RCP, accessed 9\/22\/2024, ~ 3pm CT. \u00a0 PredictIt, the only platform able to operate<\/p>\n","protected":false},"author":1,"featured_media":260489,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[155],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/260488"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=260488"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/260488\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/260489"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=260488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=260488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=260488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}