Friday, September 07, 2012

Politics and Predictions

So the last couple of weeks have been full of politics.  All of the hoopla aiming to affect a future event - the election in November.  Want to see the odds of a particular outcome on Nov. 6?  Or how about the odds that we will get a Category 3 hurricane this season?  Check out Intrade.com .

Intrade is a prediction market. A prediction market allows you - and everybody else -  to make predictions on the outcome of hundreds of real-world events. By using this form of crowd-sourcing, prediction markets find the probability of something happening - a predefined, uncertain future event. 

To see the details on how it works and how you can participate, see How it Works.

Ernster, the Virtual Library Cat

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