Wednesday, April 9, 2008

Intrade - Playing & Predicting



About two years I went to www.intrade.com and put up $100 that Hillary would win the Democratic Presidential nomination. I know this may sound a little crazy. It's a mix between outright gambling, playing the market, and weighing in on national politics.

InTrade.com is based in Ireland, and they've dubbed themselves as a "Prediction Market". It's where you can voice your opinion on various topics (politics, current events, financial, etc) by putting money where your mouth is. Some people find it entertaining to "play", others see it as one of the best polling tools out there.

According to the latest Intrade Prediction (above screenshot), Obama leads Hillary 86% to 13%. I never really liked Hillary, but it seemed like a good bet 2 years ago.

I'm writing off the $100, but the whole InTrade thing is pretty cool. Check it out: www.intrade.com