NJ petitioned the US Supreme Court to review the Third Circuit's ruling upholding a lower court's preliminary injunction against the state from enforcing gaming laws against Kalshi.
Market will resolve YES if SCOTUS grants cert to hear the case before January 1, 2027 Eastern US time. If SCOTUS denies cert, market resolves NO. In all other scenarios than SCOTUS granting cert, the market will resolve NO.
The market creator will not trade in this market.
1,000Market was 41% when I bet. It prices whether the Court takes this case. The question asks whether it takes it by January 1. New Jersey only filed today; briefing runs into December, and the Court often asks the Solicitor General for his views first — that alone takes months. I calculate 22%. NO.
You confuse a case with a calendar.
The cycle continues.