Trump and Biden Likely Won't Shake Hands at Debate, Prediction Market Says

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Meanwhile, there's a prediction market on whether the U.K. newspaper The Guardian will correct an article unflattering to prediction markets.

Manifold forecasters expect a correction from the Guardian.The handshake has long been a key component of U.S. presidential debates.

For the uninitiated, in prediction markets, individuals who predict the correct outcome are rewarded with $1 per share, whereas those who guess incorrectly earn nothing. The price of a share indicates the perceived probability of an event; for example, a share priced at 32 cents implies a 32% likelihood of that event occurring.

Former President Trump's claims that the 2020 election was stolen will likely come up during the debate, as well as his mounting legal troubles. Trump will likely respond withSunday depicting prediction markets and their supporters in an unflattering light, associating them with convicted fraudster Sam Bankman-Fried and with"scientific racism." Now there's a prediction market on whether the U.K. newspaper will correct the story.

But this momentum didn't do much for Edmonton's chances at winning the Stanley Cup, according to prediction markets, only resulting in a three percentage point gain,is giving the Oilers 8.25 over the Panthers' 1.08, which converts to the Oilers having a 12% chance. Other sportsbooks are giving similar odds, with Oilers coming in at 12% to 13%.

Florida just needs to win one more game to finish the series and take home the Stanley Cup. That next game is back on home ice, where the Oilers have consistently lost.in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.

 

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