[supercat]

Someone once suggested that a person like George Soros could throw some money at InTrade bets just to make it look like InTrade traders favor one outcome over another (since the potential loss of funds would mean nothing to a person like Soros)

The more someone like Soros tries to game the system contrary to actual results, the more people are going to jump into the market to profit by his efforts.

[Kevmo]

Here’s another example of free money on the table.

Author Message
12/09/2008 17:17:55 Subject: Why is McCain at a premium......?
llama

Newbie

Joined: 03/01/2008 20:51:41
Messages: 1
Online
Why is McCain happily trading at above 53.0 on the 2008.PRES.McCAIN market but the Republicans are only trading at 51.3 on the PRESIDENT.REP2008 market......?

How can there be a scenario where McCain is next president without the Republicans winning......?

If anything the premium should be on the PRESIDENT.REP2008 market......?

12/09/2008 17:52:23 Subject: Re:Why is McCain at a premium......?
Pavel

Novice

Joined: 06/09/2008 02:02:27
Messages: 24
Online
Sounds like an arbitrage opportunity to me. As several folks have pointed out, these overlapping contracts don’t always move in sync. You’re right: the GOP contract should be trading higher than the McCain contract. May be some easy money there.