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US Politics

No US Presidential candidate to win 270 or more Electoral College votes in the 2016 US Presidential election.

No US Presidential candidate to win 270 or more Electoral College votes in the 2016 US Presidential election.

US16.NOELECT.270
Contract Info 
  • Symbol: US16.NOELECT.270
  • Last Trade Price: $0.0998
  • Last Trade Time:
    16 Jan 7:27pm
  • Today’s Volume: 0
  • Average Daily Volume: 0.1
  • Today’s Change:
    NC (0.00%) 
  • Start Date: 8 Oct 15
  • Close Date: 8 Nov 16
  • Status: Active

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Long Description

This contract will close at $1 if none of the candidates running for President of the United States in 2016 win 270 or more Electoral College votes; otherwise this contract will close at $0.

Judging Criteria 

The purpose of this contract is to predict the likelihood that no candidate for President in 2016 will win a majority of the Electoral College votes.

A majority is any number above 269 votes. If no candidate wins 270 or more votes, this contract will close at $1.

The Electoral College consists of 538 electors and the votes are proportionally allocated to each state according to its congressional delegation. Therefore, each of the 50 states and the District of Columbia (see the Twenty-third Amendment) have a number of allocated intermediaries who cast their Electoral College vote for the Presidential candidate based on the popular vote at either a state wide or congressional district level (see Maine and Nebraska).

This contract is for the 2016 United States Presidential election scheduled to be held for November 8, 2016. However, if the election does not take place on this date the contract will apply to the first US Presidential election to be held after the launch of this contract, even if that election is not in 2016.

If the Electoral College method for electing the President is abolished before the 2016 election, or if not all states take part in the Electoral College process, then this contract will close at $0.

This contract will close after Election Day once, in iPredict's sole opinion, a result is beyond doubt. iPredict reserves the right to delay closing while any uncertainty is resolved.

iPredict's judgment is final.

Image source: /90904be31cb83384318080efca60994c/2015/05/campaign-2016.jpeg

This contract will be closed no later than 3 working days after the Close Date. The Close Date may be extended if the event outcome cannot be determined by that date.