Wednesday, November 03, 2004

MARGIN OF ERROR: Gamblers, Wastrels for Kerry

Betting markets are responding to the zeitgeist. I don't see these as a worthwhile political indicator (scroll down), but they are good at waving with the wind. Apparently Ladbrokes have swung Kerry from odds against to 4/11, Bush from 6/4 to 2/1. Kerry 56% on some internet markets. Good news - if you believe people who deliberately lose money that is.

Mind you, I know you shouldn't trade on real time noise, but the Ohio real time figures aren't great. Although TPM claims Kerry pulling away across the......MARGIN OF ERROR!

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