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Intrade: One heavy bettor on a McCain win

Published:

http://www.cqpolitics.com/wmspage.cfm?docID=news-000002976265&cpage=3

This is an interesting article about one investor on Intrade who is betting McCain will win the election.  His investments have affected the value of a McCain win to a 10 point discrepancy from similar markets and opinion polls including 538.com.  The trading pattern of this investor has been investigated by Intrade because the bets are sizeable and unusual in their timing.

One has to wonder why this investor is betting so heavily against the grain.  Bets are being made after a poor debate performance for example and sometimes in the middle of the night when trading is at its lowest.

Note that the bet on McCain specifically to win is not matched in the category of a Republican to win.

I wonder if this guy is a Diebold programmer?

Entry #166

Comments

1.
jarasanComment by jarasan - October 18, 2008, 9:11 pm
Thanks Rick. He may not be a programmer but he may know that Barry couldn't pass a background check to become a dog catcher. I believe all candidates should be subjected to the same scrutiny as FBI or Secret Service agents are when they are vetted, you know, like joe the plumber got it.
2.
time*treatComment by time*treat - October 19, 2008, 12:23 am
Some of that info they put out about "joe", I think was inappropriate. His tax info, etc. Almost like "don't question us, if there's anything in your background you don't want the world to know."
3.
konaneComment by konane - October 19, 2008, 12:17 pm
Time*treat, wonder if the DNC has the same in depth info about journalists they'd publish to embarrass if they didn't toe the party line and do hatchet jobs on folks like Joe????
4.
NBey6Comment by NBey6 - October 25, 2008, 6:28 pm
Unbelievable the audacity of some. No pun intended, just mho.

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