PANews January 4th News, prediction market website data shows that at 10:00 PM Eastern Time on Friday, the likelihood of Venezuelan President Maduro stepping down before January 31st has begun to rise. Previously, the probability had remained at 5%-6% for a week. Before 10:00 PM on Friday, this probability increased to 8.5%, reaching 12.5% before 1:00 AM on Saturday, then steadily climbing starting at 1:15 AM. On the website, at least six contracts are betting on Maduro’s resignation, totaling $56.6 million, including about $11 million betting he will step down before January 31st, with the prediction being correct; another approximately $40 million bets he will step down before November 30th or December 31st, both predictions failed.
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The predicted market for six bets on "Maduro stepping down" has a total contract value of $56.6 million.
PANews January 4th News, prediction market website data shows that at 10:00 PM Eastern Time on Friday, the likelihood of Venezuelan President Maduro stepping down before January 31st has begun to rise. Previously, the probability had remained at 5%-6% for a week. Before 10:00 PM on Friday, this probability increased to 8.5%, reaching 12.5% before 1:00 AM on Saturday, then steadily climbing starting at 1:15 AM. On the website, at least six contracts are betting on Maduro’s resignation, totaling $56.6 million, including about $11 million betting he will step down before January 31st, with the prediction being correct; another approximately $40 million bets he will step down before November 30th or December 31st, both predictions failed.