Where in the world did so many people on this thread get the idea that it is illegal for Americans to use Intrade?? That’s entirely false. The majority of their customers are in the U.S. and they deal solely in American dollars. I use Intrade sometimes (and I lost a lot of money in 2008 too by the way by being foolishly optimistic). They do make Americans go through special hoops in order to comply with the law, but it’s fine for people in the U.S. to use if they submit the right documents and pay by check or bank transfer only.
That being said, there is nothing scientific about Intrade whatsoever, and I’ve noticed that they do typically tend to stray a little excessively and unjustifiably to the left. I wouldn’t worry about Intrade percentages at all. It means less than the +9% Dem skewed polls out there.
It’s called off shore betting and the IRS will be at your door pronto once they track you and now they do !