Predictit - scratching my head :confused:

[Elixir]

How is this? Predictit betters have shares of Clinton at $.76 and Trump at $.22. But they have Kaine at $.80 (for VP) and Pence at $.21
Are some people thinking that Kaine is going to gain the Vice Presidency under a different candidate? If not, why wouldn't they buy Clinton instead of Kaine, for $.04 less?
I'm also wondering how shares get bid up to where the only two choices total more than $1.00 ...

Anyone?

 

[bilby]

"Markets can remain irrational longer than you can remain solvent" - Keynes.

 

[Tom Sawyer]

How is this? Predictit betters have shares of Clinton at $.76 and Trump at $.22. But they have Kaine at $.80 (for VP) and Pence at $.21
Are some people thinking that Kaine is going to gain the Vice Presidency under a different candidate? If not, why wouldn't they buy Clinton instead of Kaine, for $.04 less?
I'm also wondering how shares get bid up to where the only two choices total more than $1.00 ...

Anyone?

Huh. It's almost like gamblers are irrational and their actions don't make sense. But if that were the case, casinos would be profitable businesses and not money pits that bankrupt their owners.