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Election Prediction Markets

Election Prediction Markets

Various futures markets allow traders to place bets on election outcomes. Currently, traders are betting that Obama has at least a 90% chance of being elected. Some say venues such as the Iowa Electronic Markets are actually more accurate than polling services. More at Business Week(1).

1. http://www.businessweek.com/investing/insights/blog/archives/2008/11/election_predic.html

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