Tag Archives: vice presidential candidate prediction markets

The vetting of the many potential Democratic vice president nominees was not as secretive as I thought. — Bo Cowgill was right, in hindsight.

The New York Times has a recount on how Barack Obama reached his decision on Joe Biden. The final decision was probably made 10 days ago, while Barack Obama was vacationing in Hawaii. [...] Mr. Obama’s decision had as much … Continue reading

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Never trust a politician.

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Barack Obama + Joe Biden — THE PREDICTION MARKETS NAILED IT… triple alas (for my reputation as a world-wide prediction market pundit, and for the debate on the different quality of the various primary indicators out there).

“Friend — I have some important news that I want to make official. I’ve chosen Joe Biden to be my running mate.” Some blogger says his wife is fantastic. New York Times portrait of Joe Biden. UPDATE: Barack Obama‘s speech … Continue reading

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While InTrade CEO John Delaney is deceiving the journalists to sell his wares, Tom Snee of the Iowa Electronic Markets is telling them the truth: BEWARE THE VP-CANDIDATE PREDICTION MARKETS, THEY JUST AGGREGATE RUMORS.

BBC News: According to Tom Snee of the Iowa Electronic Market, at Iowa University, futures markets need more hard information than they get in the veepstakes, to reliably predict a result. Markets are very good at predicting elections, he says … Continue reading

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Pschhtt… The Joe Biden hot balloon is deflating as fast as Louis Armstrong’s cheecks. Is Nigel Eccles’s reputation as a prediction market analyst now in tatters?

Who will be Obama’s choice for VP?

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ENDLESS VEEPSTAKES: Why you should never trade on VP prediction markets, and why their probabilistic predictions are as stochastic as Paris Hilton’s daily dress picks.

As I explained in early June 2008, the VP speculations that appear in the Press should never be taken seriously. Most of them (and you don’t know which ones) are a big orchestration of pure lies aimed at creating publicity, … Continue reading

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Don’t trade on the VP predictions markets. — Don’t bet on Hillary Clinton as VP. — Don’t listen to betting bloggers who tell you that Hillary Clinton has a chance to be on the Democratic ticket. — Don’t believe in “vice presidential selection committees”. — Select well your primary, advanced indicators. — Choose your bets carefully.

The topic of this post is: Betting & Information – - #1. Don’t trade on the VP predictions markets. I have stong reservations about those VP prediction markets. Only 2 men in the world know what is going to happen: … Continue reading

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