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That means starting Monday users can begin to trade contracts for either Vice President Kamala Harris or former President Donald Trump to win the election in November. Users will have to meet certain criteria in order to be eligible to make these trades, such as being a U.S. citizen and having already been approved for a Robinhood Derivatives account.
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One rule that Robinhood investors might want to note is that if they bet on the right outcome, their payday won’t happen until the election is officially certified by Congress. Payouts will be issued on Jan. 8, two days after the election is certified on Jan. 6.
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