election odds

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election odds

Prof David West
An alternative to polling.

https://www.bovada.lv/sports/politics?referral=Fc2BQNxuElGSe_1o8kmCS2Nd7ZgqdRLk&affid=10737

https://www.vegaselectionodds.com/

davew

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Re: election odds

Steve Smith

and a little less bombastic but more academic (for better or worse)

https://iemweb.biz.uiowa.edu/markets/

https://iemweb.biz.uiowa.edu/graphs/graph_SENATE20.cfm

On 9/14/20 9:22 AM, Prof David West wrote:
An alternative to polling.

https://www.bovada.lv/sports/politics?referral=Fc2BQNxuElGSe_1o8kmCS2Nd7ZgqdRLk&affid=10737

https://www.vegaselectionodds.com/

davew

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Re: election odds

Barry MacKichan
In reply to this post by Prof David West

Is there any information on how thin these ‘markets’ are? I vaguely recall that at some time in the past (2016?) some people were placing bets in order to generate buzz for a candidate. And in advance, I:

  • do not know how people could claim to know ‘intent’.
  • don’t recall who or in what election.
  • know any other details.

—Barry

On 14 Sep 2020, at 11:22, Prof David West wrote:

An alternative to polling.

https://www.bovada.lv/sports/politics?referral=Fc2BQNxuElGSe_1o8kmCS2Nd7ZgqdRLk&affid=10737

https://www.vegaselectionodds.com/

davew

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Re: election odds

jon zingale
In reply to this post by Prof David West
wonderful! I'd place a small bet on Kanye.



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Re: election odds

Steve Smith
In reply to this post by Barry MacKichan

I also believe these markets are at risk from being "thin" and "self-selecting"... the former for gambling addicts and the latter for wonks and academics...

Our elections themselves are self-selecting for "those who give a damn" (by some quality of a-damn).

I don't think these betting markets reflect "intent" but rather "belief" in the "put your money where your mouth is".   If I were a betting man I might well bet for who I thought showed the most promising odds while voting against my own winning.   E.G. Jon's imaginary bet on Kanye.

When my daughters were coming "of age" I told them (for the first time) that I had parlayed the Savings Bonds my parents had put aside for my college (which they didn't offer me until I was *struggling* half-way through, but I still didn't cash) into a still small but significant nut for *their college*.   The Indian Casinos were just opening up, and the betting age was still 18 (before they added liquor to the equation).   I suggested that if they wanted "an easy ride" in college they could take that stake down and put it on "red or black" / "odd or even" on the roulette table...   if they won (just shy of 50/50 chance) then they'd have a college experience closer to their friends who were being sent off with a car and a credit card and all the bills routed to mom and dad, and if they lost they'd have an experience closer to the one I had (though my parent's savings bonds represent that they *were* prepared to help me if/when needed).   I then suggested that if they didn't want to be burdened with my apparent expectation of "going to college" they could put it down on "0" with 37:1 odds and go forth into the world without advantage OR be mini-trust-funders.

As you (Barry) point out, the "thinness" would seem to allow for various forms of "gaming" this system.   The Russian-bots in a bidding war against the Chinese-bots deciding our election (by persuading/dissuading *real* voters through these markets)?

Or maybe these are just different fiddles for us to play while we burn our own culture to the ground with petty (and not so petty) disagreements.

On 9/14/20 9:47 AM, Barry MacKichan wrote:

Is there any information on how thin these ‘markets’ are? I vaguely recall that at some time in the past (2016?) some people were placing bets in order to generate buzz for a candidate. And in advance, I:

  • do not know how people could claim to know ‘intent’.
  • don’t recall who or in what election.
  • know any other details.

—Barry

On 14 Sep 2020, at 11:22, Prof David West wrote:

An alternative to polling.

https://www.bovada.lv/sports/politics?referral=Fc2BQNxuElGSe_1o8kmCS2Nd7ZgqdRLk&affid=10737

https://www.vegaselectionodds.com/

davew

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