Betting Odds Before Tonight's Debate - John Rothe | Portfolio Manager, Quant, Tech Geek, And Sometime Superhero To My Kids

Betting Odds Before Tonight’s Debate

A quick check of the Intrade numbers before tonight’s debate show that hose who are willing to place a wager in this year’s Presidential election are still betting that President Obama will be reelected. However, the odds continue to tighten.


How Intrade’s Prediction Market works (via Intrade.com):

Intrade is a prediction market. What is a prediction market? It’s a market that allows you to make predictions on the outcome of hundreds of real-world events. Stock exchanges find the price of stocks, and futures markets find the price of commodities. Prediction markets find the probability of something happening – a predefined, uncertain future event.

 

It will be interesting to watch the Intrade data as the tonight’s debate gets on its way….

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