I think Predictit pays on arbitrage according to the assumption that at most one bucket resolves to yes, but not according to the assumption exactly one bucket resolves yes, so that 850 is in the hypothetical world where none of the 16 buckets resolve to yes.
I think Predictit pays on arbitrage according to the assumption that at most one bucket resolves to yes, but not according to the assumption exactly one bucket resolves yes, so that 850 is in the hypothetical world where none of the 16 buckets resolve to yes.