Excellent Huffpost piece about how bookmakers are far better at predicting election outcomes than pollsters.
Interesting factoids: The UK bookmakers Betfair were 91% certain Bush would win in 2004, even when Kerry was leading in early exit polls.
This Tuesday? A $7 bet will get you only $8 if you're betting on Barack, whereas if you put $1 on McCain you stand to pull in $6.80 should the old codger somehow manage to pull it off.
That's what they call long odds.
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