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Reply to "Betting Markets"
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[quote=Anonymous]Prediction markets are a useless metric for knowing who's likely to win the election whether they're favoring your preferred candidate or her opponent. People betting on them don't have access to any secret information besides what the rest of us can read, i.e., polls, and averaging the polls together gets you the same aggregate wisdom as a betting market does but without additional weird factors like, oh, $30 million bets by French whales, or a way-more-into-crypto-than-the-overall-electorate betting population. If you're a Harris supporter who's now suddenly hailing PredictIt toplines, go log off and see a movie today instead.[/quote]
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