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Friday, April 1, 2011 | Categories: Day 6 Blog, Politics, Promote, Tech |
Are prediction markets smarter than political polls? Does having a financial stake in the outcome of an event generate more accurate predictions of how it will turn out? What happens when you crowd source predictions about a federal election? Do you want to invest in the outcome of the election?
It's these kind of questions that are behind a special election series we've got going. In cooperation with Intrade (an online prediction market) we've listed a handful of predictions about the federal election.
During the campaign we will track the progress of these markets, which have in the past provided surprisingly accurate real-time predictions to the outcomes of elections, revolutions and other events.
We think this will be intersting both for spectators and people who decide to invest a little coin.
Here's a link to Intrade's Canadian election markets. LINK
Here's their Twitter too.