Tag Archives: elections

InTrade traders are predicting that Barack Obama will win the 2012 presidential election. – [PREDICTION MARKET CHART]

InTrade CEO John Delaney on CNBC (January 25, 2011). [Download this post to watch the embedded video, if your feed reader does not show it to you.] Barack Obama re-election prediction market:

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Barack Obama re-election prediction market – [PREDICTION MARKET CHART]

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BetFair (a prediction exchange) + ComRes (a pollster)

They are jointly operating a new website, focused on the next UK general election: http://www.electionpredict.com/ As of today, the British GOP is set to win. We’ll see.

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Republican Scott Brown has become the Senator-elect from Massachusetts.

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Massachusetts special election: Nate Silver knowns nothing. —REDUX

Nate Silver: There are many assumptions in this model which may not be valid []. Although I believe that these are generally a fairly well-balanced set of assumptions relative to the universe of possible assumptions (i.e. alternate sets of assumptions … Continue reading

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Massachusetts special election: Nate Silver knowns nothing.

6 scenarios United States Senate special election in Massachusetts, 2010

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How much betting will we see?

There is almost always a huge run-up in betting activity on prediction markets right before and during an event (this is equally true for sports as well as elections). In my posting about this over at Betfair’s new blog, I … Continue reading

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Londoners (among them many faithful Midas Oracle readers) go voting today. Spot, in the first chart, that British political betting expert Mike Smithson serves some (IMPLIED) PROBABILITIES EXPRESSED IN PERCENTAGES to his readers —and not those fu***ng fractional odds, or those equally fu***ng digital / decimal odds.

- Boris Johnson, next mayor of London: – RELATED: BetFair’s “percentage vote share” prediction markets are illiquid, alas. – BetFair blog’s London page — Tabloid style. I don’t like it much. I think politics should be treated more seriously. Mike … Continue reading

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Five Reasons the Prediction Market Critics Are Wrong.

1. It really was an upset – As it has been pointed out elsewhere, the Clinton victory was a surprise to everyone. Favorites can lose. But so what? Ordinarily, that’s not a market flaw or a reason to doubt the … Continue reading

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