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Old 09-03-08, 12:30 PM   #1
geetrue
Cold War Boomer
 
Join Date: Jan 2002
Location: Walla Walla
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Default Did you know that you can bet on anything?

I can't believe you can bet on if Gov Palin will drop out of the race, because of her recent problems that have been exposed.

It's Irish even ...

http://money.cnn.com/2008/09/02/tech...tune/index.htm

Quote:
Originally Posted by CNN Money.com
Intrade, an online prediction market based in Dublin, created a contract Tuesday morning on the likelihood that John McCain will drop Palin as his running mate. After opening at a probability of just 3%, the odds on Palin being cut from the ticket hovered around 14% yesterday. Predictions plateaued today at 10%, perhaps in response to yesterday's speeches by Fred Thompson and Joe Lieberman. Both praised the governor for her reformist qualities.
Intrade is a place for betting enthusiasts to turn a small profit on everything from the latest auction of works by controversial British artist Damien Hirst to Britney Spears' chances of landing in rehab. Contracts on a possible future event are bought and sold by users of the site, like a stock on the NYSE.
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