Elections & Intrade

[luzribeiro]

A bit old(ish) news, but still relevant, especially to the monthly topic:

http://www.reuters.com/article/2011/12/19/us-usa-campaign-futures-idUSTRE7BI0ZC20111219

"A small Chicago futures exchange aims to be the first regulated U.S. market to offer legal betting on the outcome of a U.S. presidential election."

So what do you think of trading in the

Comments

[luzribeiro]

I bet you can't.

HA! Pun!

[rimpala]

ಠ_ಠ

[allhatnocattle]

As a business, even if "our guy" looses, what's at stake is indirect, and remains flexible.

With money riding on the line, what's at stake is directly evident. Loosing has a very permanent consequence.

I'm not going to fix an election unless a lot of money is on the line.

[kylinrouge]

Fuck, why not? It's already a freak show as it is.

[usekh]

Eh we have had betting on elections for years now. The odds tend to be far more accurate than any opinion polls too

[htpcl]

This sounds like fun. I say leave people to do whatever they want with their money.

Btw the website has a US & Israel strike on Iran by the end of this year has a 39% chance. Don't tell me you're not tempted to bet on that. ;-)

[luzribeiro]

They do, the question is not "is this something new", it's "is this right to do".