(I personally have no idea at all. Flip a coin. It could go either way.)
(I personally have no idea at all. Flip a coin. It could go either way.)
that market is only betting on the mandate being overturned not the entire law.
The mandate could very well be over turned and the rest of the law left intact.
Intrade provides an emotional hedge.
If I can’t stand the thought of Obamacare being upheld, then I bet that it will be overturned. If it’s upheld, I get what I want but I lose money. Conversely, if I can’t stand the thought of Obamacare being overturned, then I bet it will be upheld. If it’s overturned, I get what I want but I lose money.
It takes the edge off winning, as well as losing.