So Vice news made a video about this website called Predict it. The website is a stock market based on people putting money on predictions of what will occur in the political sphere. The predications are yes or no statements like "Who will be the 2020 Dem Candidate" or "Trump Exceeds X amount of Tweets today by X time". This website is growing in popularity and is an interesting idea as instead of feeding on the political fanaticism and loyalty of partisan politics it uses people's rationale to make a prediction that they believe will occur. The Incentive, of course, is money. All of that being said there is question about the morality of such a concept. "Profiteering" off the American elections has led to bad sentiment surrounding the idea of "Betting" on an outcome. Other arguments point to this as yet another example as a money-making its way into politics and issues with a modern culture so fascinated with instantaneous data. In the end, the website and company are legal and serves as an interesting view of politics as prices are updated in real-time and have even served as a method to predict elections. As of right now, the stock price of a Bernie Sanders win for DNC nomination is 7 cents while Joe Biden is 87 cents.
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