Health care reform is down to 47% at InTrade. –> Toss a coin, it will get you the same.

So much for the “insider trading” who signaled the certainty of the adoption of the new health care reform bill. Joe Weisenthal swallowed InTrade CEO’s marketing bait.

Prediction Market Chart

More on Memeorandum.

Previously: Insider trading in the InTrade prediction market on health care reform?

About Chris F. Masse

Founder and President of Midas Oracle
This entry was posted in Exchanges & Markets, Market Liquidity, Market Prices & Probabilities, Market Trading, Prediction Journalism and tagged , , , , , , , , , , , , . Bookmark the permalink.

One Response to Health care reform is down to 47% at InTrade. –> Toss a coin, it will get you the same.

  1. Again, you are missing the point. The market is telling us that we can flip a coin. Alternatively, the market could tell us to roll a ten sided die. Nor is 60% indicative of certainty in any domain or discipline I’m familiar with.

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