So has Trump at 16% to win the electoral college.
Betting markets more like 35%.
which do you believe?
FWIW I'd buy a LOT of Trump @ 16%. Seems way too low given how wacky 2020 is.
(Though def < 50%! 35% doesn't sound crazy to me.)
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apparently he takes 538 over prediction markets: twitter.com/natesilver538/
happy to buy from you at 20% if you want :)
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Another thing that doesn't make any sense about betting markets is that their state-by-state odds are very close to 538's projections but their national projections are quite different. electionbettingodds.com
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easy bet for them if they actually believe that Trump only has 16%
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He addressed this yesterday on Twitter. Something about betting markets being comprised of unsophisticated political minds way less important than his own fine-tuned intellect.
Personally I'm not convinced he'll be any more useful this election cycle.
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betting markets would almost certainly be more accurate than any alternative ainec
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That's not necessarily true, though -- for instance, you can imagine that OI is low enough that really informed people might not know/care to bet. Can also imagine a pretty sweeping pro-Trump bias in the kind of people with access/desire to trade there, given that.
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Will be interesting to see how the betting markets move the day of the election. I assume will keep the order book open until the markets expire.
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