Trading shares in upcoming US political events

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During this election year, everyone has an opinion of what is going happen at every stage of the race. Now, PredictIt is a real-money political prediction market that enables confident citizens to put their money where their mouth is and buy shares in political and economic events. To begin, traders browse the markets and select an event that they feel informed about. All events are phrased as a question with two possible results. For example, 'Who will win the 2016 Democratic presidential nomination?' has Clinton or Sanders as the two possible bets. The user then buys shares for or against…

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