ALBANY, N.Y. — PredictIt.org is essentially a stock or futures market for politics. Instead of buying shares in companies, people are able to buy shares in the outcomes of political events with prices driven by how many people are buying and selling.

"The science tells us that when we combine lots of different opinions, you know this as the wisdom of the crowd," said Andreas Katsouris, PredictIt director of strategy. "When we combine lots of different opinions on the future together, we end up with pretty accurate forecasts."

Katsouris said one of the most active markets currently on the site is the political future of New York Gov. Andrew Cuomo. People can purchase shares predicting whether he will resign or be impeached before the end of the month, be the 2022 Democratic nominee, or if he'll be governor by the end of the year.

"Right now, it's about 30 cents or 30% that he'll stay, so if you buy a share for 30 cents and you hold onto it and he's still the governor at the end of the year, the site pays you out a dollar for your 30 cents investment — and if he's gone then, you lose your 30 cents," Katsouris said.

Prior to the release of the attorney general's report detailing sexual harassment Tuesday, Katsouris said Cuomo was in a very strong position, even with accusations surrounding him.

"In this particular case, he was essentially a lock, considered a lock to stay on those questions that I mentioned,” he said. “I think over 90%, so you could say the market didn't predict this.”

However, the market shifted dramatically following the release of the report and have held pretty flat since.

"Those are pretty lousy odds, but probably not a surprise given the circumstances,” Katsouris said. “Some people might say one in three is actually unexpectedly high given the situation the governor's in and the desertion of support for him.”