Spread Betting

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FiveThirtyEight: Intrade Betting is Suspicious (HT: Greg Mankiw) The preceding team of weeks I've done posts about Intrade and the presidential vote. Here is an interesting example on alleged discrepancies.There's something peculiar departure on over at Intrade with manner to the pricing of the Obama and McCain contracts. Right now, Obama is trading at 52.3 points. That is, Intrade implies that he has a 52.3 percent opening to become the next President. Now, I happen to think that is a patently ... .

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