Pokercrat
The news and politics of poker
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2008-02-16 02:14:29
Political Gambling
Turns out you can bet on the outcomes of the primaries. Check out this article about Intrade
In 2004, President Bush won every state in which Intrade's contracts " as of the night before Election Day " gave him a better than 50 percent chance of winning. He lost every state where the traders thought Mr. Kerry was the favorite. Late on election night in 2006, while the talking heads on CNN and MSNBC were still saying that the Republicans would hold onto the Senate, Intrade knew better.