election futures market
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Started by bear - May 2, 2022, 4:21 p.m.

https://iemweb.biz.uiowa.edu/


the iowa market is still telling us that the dems will not be happy come november.

very high probability the pubs will have the senate. 

and a somewhat high probability that the dems will loose the house.  

at this point if you want to play that futures market it does not look like you would make much money by betting the pubs would take the senate.  (the odds are high, so the payout is very modest). 

Comments
By metmike - May 2, 2022, 4:50 p.m.
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Great site bear! Thanks for sharing. No surprises/confirms reality. Good interpretation.

I misinterpreted it a bit the first time.


Market:  
Name:CONGRESS22
Description:  2022 Congressional Control Market
Open Date:02/26/21 11:00 AM
Close Date: 
 


Assets:
     
NameDescription
DH_DS22    $1 if Democratic House, Democratic Senate; $0 otherwise
DH_RS22    $1 if Democratic House, Republican Senate; $0 otherwise
RH_DS22    $1 if Republican House, Democratic Senate; $0 otherwise
RH_RS22    $1 if Republican House, Republican Senate; $0 otherwise
OTHER22    $1 if none of the named contract has a pay off of $1; $0 otherwise


Bundles: (To buy or sell bundles, select the bundle from the -Market Orders- list in your trading console.  You may need to use the slide bar on the select box to see the bundle names.) 
    
NameBundleTypePriceNet Issued  Description
CONGRESS22     Fixed Price      1.000      1,938    One of each contract in the CONGRESS22 market
CONGRESS22     Market Price     One of each contract in the CONGRESS22 market