Put your money where your vote is

A reader sends us this about how the October 7th election is getting more attention abroad:

“I’m sure you’ve heard about Intrade, the predictive market website… I follow it somewhat regularly and they just opened a section about the Venezuelan election.”

“They’ve been pretty right on when it comes to American elections and I can only imagine these people read the same (if not less) of the information and polls we read…”

Here are their current predictions.

It’s a fun data point, but nothing more than that. Prediction markets are often pretty thin, especially so when they deal with on arcane subjects like a fight for the soul of the neovenezolanidad del siglo XXI. A handful of trades involving relatively little money could make Capriles’s InTrade price jump all over the place.

So, caveat intrador

 

 

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