InTrade doesn’t charge fees anymore and just makes their money off the float? Hm. Maybe my old verdict ‘too expensive for small players’ needs revising.
Ah, so it hasn’t changed. That still makes long-term bets there infeasible for people with small bankrolls (I’ve believed Obama had 60% odds since well before the primaries, but I’d find it hard to profit on Intrade with as much as 5% of my tolerable investment disappearing each month...)
InTrade doesn’t charge fees anymore and just makes their money off the float? Hm. Maybe my old verdict ‘too expensive for small players’ needs revising.
Their website suggests just a $5 monthly fee.
Ah, so it hasn’t changed. That still makes long-term bets there infeasible for people with small bankrolls (I’ve believed Obama had 60% odds since well before the primaries, but I’d find it hard to profit on Intrade with as much as 5% of my tolerable investment disappearing each month...)