Statistical Tie

Bush Post-Convention Lead Slips to Tie With Kerry

This article was interesting. Then it got a lot more interesting with this paragraph:

“Bush futures on the Dublin-based Intrade Internet betting site fell 0.3 points today to 66.5, meaning that bettors guess Bush has a 66.5 percent chance of winning the election. The futures traded at a low of 49 on Aug. 13, when crude oil prices hit a 21-year high. “

They’re referring to Intrade.com, “a trading exchange for Politics, Current Events, Financial Indicators, Weather & other Unique Contracts.”

Very cool.

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