PredictIt’s users tend to be 18-to-40 year olds who follow politics and like to bet on races. Would-be gamblers can participate in small-scale prediction markets used for research purposes like PredictIt that heavily restrict the amount of money one can wager. The site allows people to put down only up to $850 in a particular race. Nearly 1.5 million shares have been traded so far in PredictIt’s Republican presidential poll.
There are a number of other sites in the U.S.
Rubio currently comes in third place in more traditional polls.
CNNMoney (New York) First published October 20, 2015: 12:57 PM ET
. There’s a three-way tie for fourth place between Rubio, Bernie Sanders and Joe Biden. Betters could double their money — or better — if they bought early and held on. 1 spot on PredictIt the end of September. and internationally that allow people to express their view on who will win in 2016.
CNNPolitics has a free Political Prediction Market where Rubio heads the Republican field with 32% odds of winning.
PredictIt isn’t a typical online poll. Ben Carson have what it takes to win the nomination.
The “Rubio will win” option traded as high as 40 cents on Tuesday. Bush comes in second place with 22% odds. 20.
Trump and Carson continue to have a commanding lead in new polls from CNN/ORC and the Wall Street Journal/NBC poll this week.
Related: Wall Street has made Hillary Clinton a millionaire
Casino gambling on elections is currently illegal in the U.S.
Related: Marco Rubio is everywhere…except CNN
Screengrab of Predict It on Tuesday, Oct.
CNN’s Chris Moody and Alexander Rosen contributed to this report.
Rubio surged above Jeb Bush to take the No.
Rubio now has a substantial lead over his Republican rivals on PredictIt, an online platform where people actually put money down for who they think will win the GOP race. The next highest Republican candidate is Jeb Bush at 30 cents followed by Trump at 23 cents.
It’s yet another sign that political insiders and Wall Street financiers do not believe Trump and Dr.
On Irish betting site Paddy Power, Hillary Clinton currently leads the 2016 race with the best odds followed by a tie between Bush and Trump. He has led ever since.
The Republican standings on PredictIt are a sharp contrast to the latest poll results. Trump is a distant third. People buy and sell candidate shares much like a stock