So about Polymarket political betting
- Thread starter THE_DEVIL
- Start date
Of course.
Thiel, Silver, no US residents can bet, no disclosure of paid endorsers …
Thiel, Silver, no US residents can bet, no disclosure of paid endorsers …
https://www.predictit.org/markets/detail/7456/Who-will-win-the-2024-US-presidential-election
Prediction markets can be a more sophisticated and accurate way to foresee political events, Thomas Miller, a data scientist at Northwestern University, told Fortune’s Shawn Tully. Miller is renowned for his accurate predictions during the 2020 election, and much of his methodology comes from examining prediction markets.
“Political betting sites are the best at predicting the wisdom of the crowd,” he told Fortune.
Prediction markets can be a more sophisticated and accurate way to foresee political events, Thomas Miller, a data scientist at Northwestern University, told Fortune’s Shawn Tully. Miller is renowned for his accurate predictions during the 2020 election, and much of his methodology comes from examining prediction markets.
“Political betting sites are the best at predicting the wisdom of the crowd,” he told Fortune.
I was listening to a Podcast and they were discussing the Presidental betting market and hedging. One thing I thought was interesting was certain industry groups making bets to hedge against a President whose policies would be bad for the company/industry. Example, the wind industry could bet $100Million on Trump in the event he wins, the earnings would offset the potential risk he poses to their market in the next 4 years. Thought that was pretty interesting.
/CSB
/CSB
Similar threads
