Wow, I haven't heard about that site before. Was ready to bash it for being yet another get-rich-quick Cryptocoin scam but it is actual real money (I believe?) and an academic project:
> PredictIt is a research project of Victoria University of Wellington. In order to take full advantage of the research opportunities presented by prediction markets like PredictIt, we make our data available to members of the academic community at no cost. PredictIt’s market data offers researchers a wealth of information that can be used to further our understanding of a wide array of subjects in fields of study as diverse as microeconomics, political behavior, computer science and game theory. PredictIt is excited to support the work of our researcher partners as they push the boundaries of human knowledge.
What's the overhead of trading on predictit because the impeachment[1] "yes" of 37% is way too close to the currently 30% "no" of him being in office; I think the odds of him ending the year as president if impeached is at least 50%, so there should be some way to arbitrage this.
[edit] I suppose there is the chance of him pulling a Nixon and resigning before impeachment, as well as the chance of him dying. I consider both of those to be less likely; he is to confrontational to back down from just the threat of impeachment of a house with an opposition majority; if anything being impeached by a partisan vote would be fodder for his conservative base.
> PredictIt is a research project of Victoria University of Wellington. In order to take full advantage of the research opportunities presented by prediction markets like PredictIt, we make our data available to members of the academic community at no cost. PredictIt’s market data offers researchers a wealth of information that can be used to further our understanding of a wide array of subjects in fields of study as diverse as microeconomics, political behavior, computer science and game theory. PredictIt is excited to support the work of our researcher partners as they push the boundaries of human knowledge.