I'm not a gambler. I don't gamble. This isn't a gamble. And trust me, Skippy, I can afford it.
So, seeing as you're chicken, I'll offer you a way to profit from what you believe to be true.
According to Intrade, the price of a futures contract on Obama not receiving the nomination is 90 cents for every dollar. What that means, Skippy, is that if Obama doesn't receive the nomination
for any reason, not just for your retarded birfer reasons, the value of that contract will drop to zero.
2012.DEM.NOM.OBAMA 05:11
The face value of a contract is $10. So if you sell 1000 contracts, you will receive $9000 because the contracts on Obama are worth $9. If you are wrong, you'll have to pay out $10,000 for a $1,000 loss. If you are right, you keep the $9000 and pay out zero.
Get it? Gain $9000 if you are right, lose $1000 if you are wrong. Frankly, Skippy, as much as I'd like to take your annual salary from you, it's better for you to sell the Intrade Obama contracts than it is to bet with me because your upside to downside is 9:1 selling Intrade futures contracts.
Since you said this is a done deal, you would be a fool not to. Unless, of course, you're just a fool blathering about shit he doesn't know anything about.
So walk the talk. Put your money where your mouth is.