Tag Archives: VP prediction markets

How to oversell InTrade’s predictive power

Chad Rigetti (InTrade VP) is interviewed by the website “MoneyFoxs.com”. In the seven days leading up [Joe Biden's] share price on Intrade went up about three and a half times. In the seven days leading up his share price on … Continue reading

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HubDub’s Nigel Eccles ridiculizes Paul Kedrosky’s post bashing the prediction markets after the Sarah Palin upset.

Hilarious. – -

Posted in Analysis (Accuracy & Precision), Analysis (Meta), Exchanges & Markets, Humor, Market Expiry, Market Prices & Probabilities | Tagged , , , , , , , , , , , | Leave a comment

Mitt Romney [or Sarah Palin] will be the Republican vice presidential nominee.

Tim Pawlenty won’t go in Dayton, Ohio. So, it’s Mitt Romney. The play-money and real-money prediction markets were easily fooled with the Pawlenty rumors, yesterday. That vindicates my message that the VP prediction markets feed on unreliable primary indicators. I … Continue reading

Posted in Analysis (Meta), Exchanges & Markets, Leading & Lagging Indicators, Market Prices & Probabilities, Politics | Tagged , , , , , , , , , , , , , , , , | 4 Comments

Anyone knows the reasoning behind HubDub suspending all their Republican VP prediction markets?

Bizarre. No official VP announcement has been made, yet. Why can’t we trade on HubDub till the very end…???????… HubDumb…?… UPDATE: Markets un-suspended, now. Nigel Eccles does not know why the category editor did suspend that. UPDATE: The HubDub category … Continue reading

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Now that Joe Biden is the Democratic vice president nominee, what to think of Justin Wolfers’ August 1st column for the WSJ?

- The good point is that he dealt well with the fact that the VP prediction markets fed on primary indicators that are less reliable than the ones used for the political elections. – The bad point is that, at … Continue reading

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Please, take part in this survey. If you read this within your feed reader, maybe you will need to go to this post to take part in the poll.

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CNN closed their 2 VP prediction markets… and immediately opened 2 not-brand-new VP prediction markets, with a full listing of candidate names, this time.

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I told you that vice presidential search committees and VP prediction markets are complete bullshit, didn’t I?

The McLaughlin Group of mid-June (yes, I know, that’s last month): MS. BERNARD: Well, here’s what I think. I think the dirty little secret is Barack Obama probably already knows who he’s going to select to be his vice presidential … Continue reading

Posted in Leading & Lagging Indicators, Politics | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , | 5 Comments

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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JIMMY CARTER: Picking up Hillary Clinton on the Democratic ticket “would be the worst mistake that could be made”.

The Guardian Take that, Mike R. – Reminder: I have stong reservations about those VP prediction markets. (But Bo compels me to publish about them anyway. ) – InTrade – Democratic Vice President Nominee – Republican Vice President Nominee – … Continue reading

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