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To: LS
Same market that was 90:1 that Obamacare would be overturned by USSC. Yep, they’re infallible.

Predictions about a Supreme Court ruling bear no resemblance to predictions about election results. Markets like this work by "pricing in" information relevant to the prediction. The Supreme Court is, effectively, a black box: until a decision is released, there is very little information with which to make a prediction. With an election, on the other hand, there is an almost endless stream of information one can use to: polls (even skewed polls provide useful information, as long as the internals are released), economic data, other external indicators, etc.

16 posted on 09/28/2012 11:43:51 AM PDT by Conscience of a Conservative
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To: Conscience of a Conservative

See no. 19.


22 posted on 09/28/2012 11:47:08 AM PDT by Arthurio
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To: Conscience of a Conservative

“Markets like this work by “pricing in” information relevant to the prediction”

Like this one?

Paul Ryan Intrade chances: 4.1%


24 posted on 09/28/2012 11:49:29 AM PDT by 1035rep (Obama: "I killed Bin Laden" ...you didn't do that. Somebody else made that happen.)
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To: Conscience of a Conservative
I get it. You mean like pricing in poll info? Yeah, that's solid evidence.

BTW, where do you think Intrade would be if they saw the early voting # s from OH?

36 posted on 09/28/2012 12:12:46 PM PDT by LS ("Castles Made of Sand, Fall in the Sea . . . Eventually (Hendrix))
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