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What happens if all the conditions of a bet do not occur?
One of the trades is: "Increase in US Government debt if non-Democrat is elected president in 2008." What happens to the trade if a Democrat wins? Is it a push, or do both bets lose?
I’m undecided
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Inappropriate?If a Democrat wins then this contract will be expired at 0.
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Inappropriate?Excuse my ignorance. Does that mean that everybody who bet loses? -
Inappropriate?No. Those who bought the contract will lose, but those who sold the contract (and held a "short" position) will win.
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