this post was submitted on 17 Oct 2024
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The current betting odds aggregations have trump at 58%, harris at 41%
https://www.realclearpolling.com/betting-odds/2024/president
Well that's disheartening. Can't believe that many people prefer a racist con man to a competent woman.
Betting markets don't really have any predictive value. It's all vibes.
I wouldn't rely on them for predictions, but I do think they can be a reasonable proxy for people's beliefs and/or assumptions. And I would say they at least loosely track the truth..
NBA betting is not perfectly predictive, but there's a reason the Celtics are at the top and the Pistons are at the bottom.
This page has some background, but historically they've always beat polling and any other prediction algorithms as long as they've been around.
A 34 time convicted felon child rapist pussy grabber racist con man
You could keep adding to that.
People are big mad and think electing a brain-damaged version of Mussolini makes some kind of point.
Wikipedia lists Real Clear Politics as having become more conservative and right leaning in recent years. Their polls may not be as accurate.
That's not a poll. It's an aggregate / average of betting markets.
Maybe I'm crazy, but I feel like gamblers have a heavy right lean.
Edit - Oops: https://midwest.social/post/18205923?scrollToComments=true
You're not wrong, it's because leftists are generally more critical of gambling.
Gamblers don't always get it right, but this page has some interesting history: https://electionbettingodds.com/about.html
Gamblers, polls, and the NYT's most sophisticated prediction algorithms all got it very wrong in 2016, and severely overestimating hillary and underestimating trump. But of those three, the prediction markets were the least wrong.