The Wisdom of Gamblers

Here's an odd factoid:

If Virginia and Montana go Democratic, the prediction markets called every race correctly.

It's also worth noting that Tradesports currently gives George Allen a 4 percent chance of retaining his Senate seat.

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Well, that may be true, but similar markets predicted that republicans would hold the senate.

They're far from perfect.

By Crusty Dem (not verified) on 09 Nov 2006 #permalink