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Better Markets warns election event contracts are a huge gamble in fact sheet released one week before midterms
- Better Markets warns election event contracts are a huge gamble in fact sheet released one week before midterms — Better Markets issued a fact sheet on October 28 arguing election event contracts offer almost no public benefit and are susceptible to manipulation, especially in low-volume down-ballot races. Director Benjamin Schiffrin said a small bet could shift odds significantly and create an illusion of support, citing a Wisconsin primary example where a candidate priced at 95.9 percent lost. (Better Markets)
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