Wednesday , December 18 2024
Home / Tag Archives: political betting market

Tag Archives: political betting market

Polls vs betting markets

I had an email exchange a couple days ago with Josh Marshall over at Talking Points Memo about polls (which he’s written a lot about recently) and the election betting market (which he had never mentioned). Yesterday, he used our exchange as a jumping off point to explain why he doesn’t believe the betting market is reliable and certainly no improvement over polling. The money grafs:“First of all, as I said, bets are largely made on the basis of...

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