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Tuesday, September 30, 2008
Prediction Market Intrade Puts Obama Ahead
Intrade is a prediction market where you can buy and sell "shares" in financial, political, weather and other subjects. The colorful widget above is their electoral vote predictor. As this is written, people are bidding Obama shares up, but things fluctuate by the minute. You can click on each state to see how things are going. (You need to open an account to get in on the bidding.)
For a variety of reasons, prediction markets often beat the pundits when it comes to predicting outcomes. Like the idea? Here's another one you can get in on: Bid on "Sarah Palin to be withdrawn as Republican VP nominee/candidate before 2008 presidential election." Here.
(Just because Obama is up today, that doesn't mean he will stay up. Look what happened to Hillary.)
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Hi! I really enjoy your blog. I’m a journalist and a political day trader who follows these political market developments at my blog, http://politickr.blogspot.com. If you’re interested in tracking Intrade and pundit predictions, you should check it out.
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