Betting on a Trump win or a North Korea H-bomb - a predictions site gains traction


  • World
  • Tuesday, 17 May 2016

Posters of U.S. Republican presidential candidate Donald Trump and Democratic presidential candidate Hillary Clinton are seen outside Trump's Nevada caucus night rally in Las Vegas, Nevada February 23, 2016. REUTERS/Jim Young/File Photo

NEW YORK/WELLINGTON (Reuters) - Erik Duhaime is a passive stock market investor, but he isn’t afraid to short Donald Trump or go long on Hillary Clinton.

The 28-year-old from Cambridge, Massachusetts, trades on PredictIt, an online political stock market that allows users to wager small amounts of money on "yes" or "no" predictions about whether an event will occur. That includes who will win the U.S. presidential election in November.

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