Bronte Media

Intrade

February 14th, 2008

Good article from the New York Times on Intrade, the political predictions market based out of sunny Ireland.

Choice quote: “John Delaney, Intrade’s chief executive, said that roughly $50 million in contracts tied to the 2008 election had changed hands already, which is up from $15 million for the entire 2004 election cycle. But $50 million is still roughly equal to the value of ExxonMobil shares that change hands every 10 minutes.”

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