LOL. Spare me!
The small volume at Intrade is easily manipulated and I wouldn’t be surprised to find out that the Obama campaign is doing exactly that.
“Bookies all over the country would be the ones fearing having their legs broken if money induced wiser gambling behavior – and Intrade is, in essence, simply a gambling platform.”
Only ones who don’t know how to figure the odds. Bookies get their vig no matter what.
Intrade is strictly odds designed to even out the bets on both sides, same as any bookie. Ideally, you get exactly the same number of people betting for as betting against. Intrade adjustments are based on imbalance on one side or the other - - and reflects that more “bets” are going for Ubama than against Ubama.
I suspect that all the bogus polling and liberal newsroom bias is causing a lot of people to place their bets on Ubama.
Didn’t Intrade have Barry at 80% a few weeks back? Down to 62% is actually a really big move. I think they fell for all the biased polling and msm propaganda and are going to pay out big time in November! No other election has ever been like this— the indicators normally looked at (polling, msm chatter, etc) aren’t being applied correctly, IMHO. Intrade was/is predicting outcome based on inaccurate information.
Intrade w/ 0’ at 80 or 60.2 is just an opportunity for wealth transfer.
From ‘rat lovers to freedom-lovers.
The only impediment to this wealth transfer are the logistical hoops Intrade has in its registration process.
Ping (I think it was you that explained Intrade on a previous thread)
LLS
Wondering about another bias. Are there more liberal gamblers than there are conservative gamblers? My gut says yes.
They are like polsters - real data won't be reflected until 2 days before the election - gotta sustain the cash flow somehow...