..of Intrade and the “reality-based” community.
Romney still looks like a bargain on Intrade, though nowhere near as much as a few weeks ago.
3 thoughts on “On The Irrational Exuberence”
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..of Intrade and the “reality-based” community.
Romney still looks like a bargain on Intrade, though nowhere near as much as a few weeks ago.
Comments are closed.
I watch the Intrade odds. I think that they are currently being gamed.
If Intrade is being gamed then you can make some easy money. Here in New Zealand, iPredict has Obama even higher that on Intrade (NO ONE here likes Republicans, mostly because our media portrays the GOP as being 100% dominated by fundamentalists).
I shorted a few hundred dollars worth when Obama was at 0.85 (and Romney 0.15) before the 1st debate.
Maybe Obama will end up winning, but I like 6:1 odds.
At this moment, Romney is 37.3% in Intrade, but still only 29.6% on iPredict here in NZ. Amazing no one is arbitraging that difference.
(I’m not because the high monthly fee on Intrade keeps small punters like me away)