To: zeestephen
Founded in 1999, Intrade is an Irish incorporated service business.
51 posted on
09/30/2012 5:44:51 AM PDT by
treetopsandroofs
(Had FDR been GOP, there would have been no World Wars, just "The Great War" and "Roosevelt's Wars".)
To: treetopsandroofs
"Event prediction markets are legal in Ireland, where the exchange is headquartered. In the U.S., online gambling is heavily restricted and American banks dont process credit-card transactions for Intrade, so its users mail checks to the company in Ireland."http://www.businessweek.com/articles/2012-02-23/intrade-where-politics-meets-the-market
If Intrade had a predictive significance, I think that by raising the barriers to entry for US gamblers, that may now be gone. (Obviously, non-US residents generally wouldn't want a strong and decisive US leader. They'd want a weak leader that their own leaders can manipulate.)
As I remember, the gamblers also predicted the SC Obamacare decision completely wrong.
56 posted on
09/30/2012 6:19:20 AM PDT by
Sooth2222
("Suppose you were an idiot. And suppose you were a member of congress. But I repeat myself." M.Twain)
To: treetopsandroofs
Thanks, tree.
I goofed.
I placed a wager there on George Bush in 2004.
Could have sworn they were in London.
Lesson learned...
After your 60th birthday, always verify your memory!
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