Political futures markets are better predictors than polls at izbrano

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Political futures markets are better predictors than polls

American Conservative, by Michael B. Dougherty - In November 2004, a man with half a million dollars was looking to double his money. He could have gone to a high-stakes table in Vegas. He could have put his money in a hedge fund and waited. Instead, he signed on to a Dublin-based website, Intrade, the night before the presidential election and put everything on George W. Bush, then running even with John Kerry. The next morning, he was a millionaire.

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