Why trust these odds? Studies find that political prediction (betting) markets tend to be better at predicting elections than polls. Some reasons: - Bettors take into account important factors besides polls. - Unlike pundits, bettors put their money where their mouths are. - People involved in the event might trade before news breaks publicly - The "wisdom of crowds". Why this site uses odds from Betfair.com This site's odds are from Betfair.com and PredictIt.com. After Intrade.com was shut down, Betfair became the only prediction market in the world that has a lot of trading and is efficient. It is based in the U.K., where regulations are less onerous. It does not accept American traders due to regulations. Betfair, however, expresses their odds in a very technical gambling format; hence the need for this site.
I can sue a Vegas Casino and barring bankruptcy collect my judgement,not the case with offshore sportsbooks. Years ago sportsbook.com took 4 months to pay me for a boxing bet I won .Intrade shutdown and betters lost millions.I only bet with Vegas Casinos
Bettors are well aware of The Calisnoisyork Effect and understand how the system works. ---You don't ---
The possibilities for constructive healthcare reform are numerous. I don't know what a democrat government would do, but it could range all the way from putting the wreckage of Obamacare left by the deep South Republican States back together, or go as far as optional medicare for all (the Biden Proposal.) The latter would compete with, and eventually put out of business, private insurance, unless a niche is carved out for them. The big lie that Republicans tell is that private enterprise is always more efficient than government. As is often the case, the truth lies somewhere between extremes. When it comes to healthcare it is a trivial matter to demonstrate that the Republican position is wrong. All one has to do is compare U.S. healthcare outcomes and cost with that in any other industrialized country. They are all more "socialized" and more efficient than the U.S. is. Step one toward real reform would be to break the Cartel, but that's probably more than one can hope for, although there are step-wise ways to achieve this. Obamacare was horribly flawed as originally instituted, but still am improvement. Sadly, it left the Cartel largely intact. It improved access but at high cost, making not much headway on reduction of inefficiencies. And worst of all, it left intact employer provided health care insurance -- healthcare should never be attached to employment. When the Republicans sued to let States opt out of medicare expansion they left millions paying for expansion without receiving any benefit. How efficient is that? The result was that millions were left in the gap created by not being able to qualify under existing medicaid rules but not making enough to qualify for premium relief! It was a brilliantly conceived destructive force unleashed by the Republican governors and the Supreme Court. Let's not kid ourselves, there is plenty of ground for improvements!