Final UBC election stock market betting projects B.C. Liberal victory in May 9 ballot

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      Traders at a UBC election stock market have placed their money on a B.C. Liberal win.

      Transactions closed on the eve of the May 9, 2017 provincial election, with shares swapped for the last time in three prediction markets ran by the Sauder School of Business: share of popular vote, distribution of seats in the legislative assembly, and odds for a majority government.

      In the share of popular vote, the governing B.C. Liberals were predicted to get 41.8 percent; the B.C. NDP, 38.9 percent; and the B.C. Green Party, 16.8 percent.

      It gets more interesting in the prediction for distribution of the 87 legislative seats at play.

      Traders are betting that B.C. Liberals will not get the magic number 44 for a majority, getting one seat less, for a total of 43.

      Trading results show that B.C. New Democrats will get 39 seats, and the Greens, five.

      This means that Premier Christy Clark and her B.C. Liberals will get first crack at forming a new government in coalition with Andrew Weaver and his Greens.

      However, Weaver can also choose to spurn the Liberals, and go with John Horgan and the New Democrats.

      In the prediction for majority government, B.C. Liberals won heavily, with 53.6 percent; New Democrats, 26.9 percent; and Greens, 19.5 percent.

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