10min chapter

Odd Lots cover image

Nate Silver and Maria Konnikova on the Art of Election Betting

Odd Lots

CHAPTER

Betting Dynamics: Bookmakers vs. Prediction Markets

This chapter explores the differences between bookmakers and prediction markets in election betting, highlighting how each sets and adjusts odds. It examines various betting strategies and the complexities of predicting outcomes, particularly in comparing traditional gambling with prediction markets. The discussion also addresses the ethical concerns and legal challenges faced by platforms operating in this space.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode