Politics Betting Rules
General
1. Markets that list candidates are considered “all in, run or not” unless otherwise stated. This means that candidates who withdraw, or who become ineligible for any other reason, are settled as losers.
2. First officially declared results are used for settlement. Subsequent challenges do not affect the settlement, regardless of the effect on the first officially declared winner.
3. Temporary or caretaker role-holders do not count for settlement of outright markets where a process exists for determining the next officially appointed holder of a role.
US Presidential Election Betting
Outright Winner
1. This is settled on the candidate with the most projected electoral college votes, as ratified by Congress. Subsequent events that purport to affect the outcome will not alter the settlement of the market.
2. If no candidate has a majority of the projected electoral college votes, this will be settled on the result of the Congress contingencies as set out in the US constitution.
Party Primaries and Caucuses
1. Outright winners are determined by vote share. It should be noted that a vote share winner may not be awarded the highest number of delegates.
2. Vote shares as first confirmed by the party in question are used for settlement.
Party Presidential Candidates/Nominees
- Respective party nominations by national convention will be used for settlement. Subsequent withdrawal/replacement will not affect the settlement.
Impeachment
- Impeachment occurs when the house of Representatives passes by majority vote an article of impeachment. An impeachment trial outcome may be guilty or not guilty, the president would still be considered impeached either way.
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