Tradesports and exit polls give early sign of Kerry victory
Submitted by brad on Tue, 2004-11-02 07:29Idea futures are interesting, so I went to tradesports.com to buy Kerry Futures contracts, since I believe pre-election polling is notoriously poor in quality. They were trading at 43 for a contract that pays 100 if he wins, and that seemed a good buy. By the time I could buy them (slow site, overloaded) they were 50 but now they are at 71. The bidders clearly have developed a strong reversal of feeling.