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I remember in 2020 election markets, from ~mid 2019 onward you could take whether hillary clinton would run in 2020. It was a funny market until she started mis
by JohnMakin 3y ago
I remember in 2020 election markets, from ~mid 2019 onward you could take whether hillary clinton would run in 2020. It was a funny market until she started missing filing deadlines and something weird happened - the line became MORE favorable towards hillary running. It went on like that for quite a long time, well past the point where anyone with a room temp IQ would figure out she had zero chance of running because she wasnt running.
Even up to about a week before the actual 2020 election, she was still trading at almost 10 cents on the dollar for “yes she is running.” Just wild. I don’t think it’s a problem for these markets, just the nature of the beast being that people easily believe conspiracy theories and propaganda and if you’re a gambler there’s a lot of money to make.