Predicting Elections

Discussion in 'Politics, Religion, Social Issues' started by Desertrat, Nov 4, 2004.

  1. Desertrat macrumors newbie

    Joined:
    Jul 4, 2003
    Location:
    Terlingua, Texas
    #1
    Did any of y'all make any money off this presidential election?

    http://www.zdnet.com.au/news/communications/0,2000061791,39165408,00.htm

    Wish I'd thought of checking out the bookies. Face it: Two to one odds is pretty good!

    "One explanation for this stellar performance is that it's easy enough to offer predictions when being wrong means only potential embarrassment for a blogger or online pundit. But when there's a financial penalty to errors, results tend to line up far more closely with reality."

    Yup.

    :), 'Rat
     
  2. mactastic macrumors 68040

    mactastic

    Joined:
    Apr 24, 2003
    Location:
    Colly-fornia
    #2
    Remember the flap over trading in futures on terrorist attacks? Went down like a lead ballon, but it seemed like a pretty good idea.
     

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