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View Diary: Daily Kos Elections Polling Wrap: Attack of the Republican Snap-Pollsters (306 comments)

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  •  Not necessarily (1+ / 0-)
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    Take Intrade, for example. You could buy at a really low price and then sell as those "contracts" rise in value (in this case, the odds rising). So I could "buy" Romney at 7-1 in hopes of selling at say 3-1. Romney winning or losing would be irrelevant to you if that event never became a realistic scenario. You'd just wait for your best time to sell to get the highest price.

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