Are you convinced there will be a minority government? Put your money where you mouth is.
The UBC Sauder School is running a predictions market again where participants invest their own cash (up to $1000) to bet on the outcome of the election. Anyone can register and invest.
As of August 11, a minority government will yield $1.00 if it is purchased at today’s price of 58 cents. Not a bad return. An even better return is a Conservative majority. You can buy that share for 17 cents today for a $1.00 payoff. 600% return. Of course, if it doesn’t happen, you lose your investment.
The popular vote market closely follows the public polls. Intuitive campaigners can make a few bucks if they foresee polling inaccuracies or can see through emotional betting.