viciouskillersquirrel
Member
On an individual level, nothing, probably. With something so emotionally charged as a presidential election, you're probably getting a lot of low information investors who wouldn't otherwise make bets of this sort doing so based on intuition.What do intrade players know that no one else does. That's the question.
Theoretically, these guys break evenly on both sides, but I think we all know that in today's political climate, people attracted to Romney's message are also more likely to eschew evidence-based methods in favour of intuition.
Besides which, if a politically inclined investor really wanted to, they could corner the Intrade market for less than the cost of one 30 second ad in Florida. Because Intrade is cited so often, it'd be a tool in the spin artist's arsenal regarding momentum etc.