Guys, although I said earlier that Trump's chances were not zero, I would rather discourage you from offering those bets with 1.02 and 1.05 odds. The thing is that if Trump wins, Betfair and PredictIt pay out from the funds collected from Biden bettors, losing nothing themselves and even earning something with the house edge, while you are risking to lose your own money.
Yes, it's always profitable to be the house, but these are exchanges in which case the layers/backers are risking their money.
Same situation here. I'm laying Biden at 1.05 (Even though the Betfair bid dropped down to 1.04, and that's where it's currently at). The only tears I'll be experiencing is if
Trump somehow wins, so I have my personal reasons for laying.