Betting On Elections
The Gist
00:00
The Academic Value of Pairing Actual Bets With Predicted Markets
The Iowa prediction market had no rules against insider trading. It was completely fine for campaign insiders to trade on information that only they knew at the time. So maybe Sean McElwee got poll results before they were released. He was allowed to place positions on predicted markets. That seems crazy to me that he would admit doing that.
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