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EdZachary tops daily profit rankings as election markets draw large positions

Rivo daily board, read on November 3, puts EdZachary first with about 217,300 dollars in profit over the past 24 hours at a 96 percent win rate, with the top 10 traders making 1.4 million dollars between them. The board counts 303 open picks worth 8.8 million dollars from 279 traders, a biggest single trade of 341,900 dollars on a US elections market, and a hottest market of 3.1 million dollars on the Republican Senate and House balance of power outcome.

EdZachary ranked first on Rivo’s daily prediction-market leaderboard read on November 3, with about 217,300 dollars in profit over the past 24 hours and a 96 percent win rate, according to Rivo.

The top 10 traders generated 1.4 million dollars in combined profit. The figures offer a snapshot of daily performance rather than a record of results over a longer period.

Open positions and election activity

Rivo’s board counted 303 open picks worth 8.8 million dollars across 279 traders. Those totals describe the positions tracked by the board, separately from its daily profit rankings.

The largest individual trade was 341,900 dollars on a US elections market, according to Rivo. The summary did not identify the trader or specify the election outcome involved.

Rivo identified the Republican Senate and House balance of power outcome as the hottest market, at 3.1 million dollars. That placed an election-related outcome at the center of the board’s highlighted activity.

What it means for prediction markets

  • EdZachary’s about 217,300 dollars in profit and 96 percent win rate cover the past 24 hours; they do not establish longer-term performance.
  • The 8.8 million dollars in open picks measures tracked positions, not the same thing as the top 10 traders’ 1.4 million dollars in profit.
  • The election-market figures show where large activity appeared on Rivo’s board. Without prices or implied probabilities, they do not establish how likely traders considered any outcome.
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    Rivo
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