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LOL somebody's giving out free money on Intrade again
The short/long strategy I'd come up with was based on the fact that the guy wasn't buying into the state-level races, only the headline number. At one point Obama wins Ohio was trading higher than Obama wins election.
Originally posted by KrazyHorse
He wasn't the only person to notice the strange movements. I noticed it myself (before I'd even heard of 538). I really wouldn't credit him with anything other than publicizing it.
I didn't say he was the only person to notice it, but that was where people read about it first. And he provided a good explanation of what he thought the person was doing and why.
what do you expect it to mean other than agreement?
it's just weird how people are willing to throw money at very unfavourable odds in order to alter their perception of reality
does the guy who offered 17/100 feel good about himself for a few seconds because he's trying to blur his sense of facts? weird
i wish there'd be more rich people like him
Ok, ok.
But he may have been hoping for something else. If McCain supporters saw the Intrade numbers go up, it would boost their morale, and the media would pick up on it and say something about momentum, etc.
Of course, if he really believed this would happen, then it just goes to show there are too many stupid rich people.
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