Risky Business with Nate Silver and Maria Konnikova cover image

Odd Lots: Nate Silver and Maria Konnikova on the Art of Election Betting

Risky Business with Nate Silver and Maria Konnikova

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Betting on Democracy: Understanding Election Prediction Markets

This chapter explores the intricacies of election prediction markets, highlighting their role in reflecting political sentiments and economic risks associated with U.S. elections. The discussion emphasizes the importance of historical contexts, biases in polling data, and the dynamics of various betting platforms, including niche markets like Polly Market. It concludes with insights into the implications of betting markets for comprehending public sentiment and the potential impact of election outcomes on different sectors.

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