Is Betting The New Voting?
Slate has the skinny on the brave new world of political futures markets. Think you can make a buck predicting the winner? Want to test your faith in markets? Want to grab some John Edwards stock before it splits on news that he’s upgrading his haircare? What do you have to lose but the respect of anyone with less time on their hands than you?
Prediction markets are pretty interesting. Anybody looking at the over/under on Paul? I’m going to put it at 2% of the total in the GOP primary.
CJ: don’t let me stop you… Five sentences do not do justice to this awesome topic. Then again, if you are seriously considering buying Kucinich futures…
Dammit, Ted. You scooped me. I was totally going to write about this.
Anywho, political future markets are a brilliant idea. It’s like a mix between a commodity market and a horse race. What could be better? I’m going to buy a 100 futures of Kucinich; think of the payoff if he wins!
The Iowa Electronic Markets also has an Influenza Prediction Market. I think this could really be H5N1’s year to shine.
Dammit, Ted. You scooped me. I was totally going to write about this.
Political futures markets are brilliant. It’s like a mix between a commodity market and a horse race. What could be better? Go for the gusto and buy 10 futures of Kucinich. Just think of the payout if he won!
The Iowa Electronic Markets also have an Influenza Prediction Market. I think this could really be H5N1’s year to shine.
What the hell is Al Gore doing the polls? If that political ass clown and his Hollywood chums swoop the election with a late run I’m moving to Mexico.
I got 2 bucks on Ron Paul…NOT