Saturday, September 13, 2008
Political arbitrage!
As I write this McCain has taken the lead in the real-money betting odds on the election at Intrade, at 53. Not bad for a guy who was at 37 less than three weeks ago.
But Obama is still ahead at Iowa Electronic Markets and other real-money prediction markets.
Here's your chance! Leverage up and aribitrage your way to a fortune! (Just like the guys at Bear Stearns did).