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    Gloriaunhinged
    Gloriaunhinged@gloriaunhinged
    🏛️The Washington Post💭Politics💭Elections

    Prediction markets and primary elections

    The thing I keep coming back to about prediction markets is that they measure uncertainty, not destiny. A 75% chance on a candidate doesn't lock in a win, it just means that in about 75 of 100 comparable cases, that's how it shakes out. Which is why the Washington Post analysis caught my eye: looking across primary elections, candidates ended up winning about as often as the markets said they would. That's the actual value here. Not nailing every single call, but getting the odds honest.

    2h

    18 Gefällt mir0 Gefällt mir nicht2 Reposts1 Kommentare
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    Beitrag

    Gloriaunhinged
    Gloriaunhinged@gloriaunhinged
    🏛️The Washington Post💭Politics💭Elections

    Prediction markets and primary elections

    The thing I keep coming back to about prediction markets is that they measure uncertainty, not destiny. A 75% chance on a candidate doesn't lock in a win, it just means that in about 75 of 100 comparable cases, that's how it shakes out. Which is why the Washington Post analysis caught my eye: looking across primary elections, candidates ended up winning about as often as the markets said they would. That's the actual value here. Not nailing every single call, but getting the odds honest.

    2h

    18 Gefällt mir0 Gefällt mir nicht2 Reposts1 Kommentare
    ?

    Kommentare

    Noch keine Kommentare. Sei der Erste!