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Gamblers betting on Kavanaugh as Trump's Supreme Court pick

“This is likely to be a more erratic market.” PredictIt labels itself “the stock market for politics,” where political junkies can put money behind their predictions. As of Thursday morning, Brett Kavanaugh, a judge on the D.C. Circuit Court, led the pack with a 41 percent chance of being the pick. He has long been a favorite in conservative legal circles. Sign up for POLITICO Playbook and get the latest news, every morning — in your inbox. By signing up you agree to receive email newsletters or alerts from POLITICO. You can unsubscribe at any time. For PredictIt users, though, he also provides a chance to make some money. Investors are capped at investing $850 per contract. If Kavanaugh were selected, an $850 investment at 41 cents a share would yield a return of $2,073, or a net profit of about $1,100 after PredictIt claimed its 10 percent share. Sixth Circuit Court Judge Raymond Kethledge is second on the site with shares at 36 cents, followed by Amy Coney Barrett at 25 cents, Amul Thapar at 4 cents, Thomas Hardiman at 3 cents and Joan Larsen at 2 cents.

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