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I was watching the election results on my computer in 2012. By 8 or 9pm most of the rural area votes had been counted in Florida and the urban votes were still
by zappo2938 11y ago
I was watching the election results on my computer in 2012. By 8 or 9pm most of the rural area votes had been counted in Florida and the urban votes were still being counted. Most of the votes left to count would have been for Obama who was just over 50% at that point. However, on the prediction market, Intrade, at the moment the contract on an Obama win was $0.22 paying a dollar if he does. Holy cow!. I tried so hard to get as many thousands of dollars in because I figured that very hopeful conservatives had been betting on Romney and probably watching FoxNews so they didn't know he lost Florida for a long time after. Unfortunately, I couldn't at that time get money into the market because of laws and it had to be held in escrow or something for 24 hours before a person could bet. I just did a search and there is a discussion about how lopsided the bets on Romney were.[1]
[1]http://www.businessinsider.com/mitt-romney-intrade-bets-trader-millions-2013-9 http://www.businessinsider.com/mitt-romney-intrade-bets-trad...