Intrade?

[RedBloodConservative]

How accurate is it? and How do you read it?

I see that on the main page, the chance for Mitch Daniels to announce he is running in 67%? Just wondering how to use that site?

 

[axiomata]

How accurate is it? and How do you read it?

I see that on the main page, the chance for Mitch Daniels to announce he is running in 67%? Just wondering how to use that site?

If you think that it is really a 75% chance that Daniels will run then buy it, if you think it is really closer to 50% sell it. ;p

 

[RedBloodConservative]

If you think that it is really a 75% chance that Daniels will run then buy it, if you think it is really closer to 50% sell it. ;p

Ok, I understand that part lol...I was just wondering how accurate it was? I doubt Daniels will run, but his name caught my eye because I am from Indiana origionally..

 

[Kregisen]

what do you mean how accurate it is? It is 100% accurate. It's saying the majority of people on intrade believe there is around a 67% chance that he will declare...it does not actually tell the future and tell you there's a 67% chance he will run....

 

[trey4sports]

Hucks numbers have been dancing like crazy on Intrade. From mid 50s to 7 up to 45 then down to 26 and now back to 40. this, is, crazy

 

[EndSlavery]

Huck.run fluctuating wildly right now

 

[axiomata]

Huck.run fluctuating wildly right now

Legalizing insider trading would help with such volatility.

 

[Sentient Void]

I would totally buy 140 shares of Ron Paul winning the nomination at 0.31 to 0.34 per share (which would cost about 42 bucks), but I need to find a quick way to fun my account... apparently banking regulations won't let you use your bank debit card? fuckign gay. I don't feel comfortable using direct debit from my checking account, and sending a manual check will take too long...