Inside the Wild West of PredictIt

When Joe Biden selected Kamala Harris as his running mate, it was a historic moment — and one that made some people thousands of dollars. Traders on the website PredictIt, a stock market for politics, wager thousands of dollars on an array of political moments. Today on Nerdcast, Zach Montellaro tells Scott Bland about his conversations with political traders — one who trades semi-professionally and two who are looking to avenge their losses from the 2016 election. Scott Bland is the host of Nerdcast and a politics editor at POLITICO.Zach Montellaro is campaign reporter & Morning Score author for POLITICO.Jason Pipkin runs the blog Predicting PoliticsStarlee Kine is a co-host of Election Profit MakersJon Kimball is a co-host of Election Profit MakersAnnie Rees is a producer for POLITICO audio.Jenny Ament is senior producer for POLITICO audio.Irene Noguchi is the executive producer of POLITICO audio. Learn more about your ad choices. Visit megaphone.fm/adchoices