WSJ: Four Polymarket accounts manipulating betting odds

Discussion in 'Politics' started by exGOPer, Oct 18, 2024.

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    #21     Oct 18, 2024
  2. exGOPer

    exGOPer

    Thanks for quoting RCP, a site funded by Trumpers.

    How did they perform in 2022? Exactly, we all saw the red wave.

    "
    Senator Patty Murray, a Democrat, had consistently won re-election by healthy margins in her three decades representing Washington State. This year seemed no different: By midsummer, polls showed her cruising to victory over a Republican newcomer, Tiffany Smiley, by as much as 20 percentage points.

    So when a survey in late September by the Republican-leaning Trafalgar Group showed Ms. Murray clinging to a lead of just two points, it seemed like an aberration. But in October, two more Republican-leaning polls put Ms. Murray barely ahead, and a third said the race was a dead heat.

    As the red and blue trend lines of the closely watched RealClearPolitics average for the contest drew closer together, news organizations reported that Ms. Murray was suddenly in a fight for her political survival. Warning lights flashed in Democratic war rooms. If Ms. Murray was in trouble, no Democrat was safe.

    Ms. Murray’s own polling showed her with a comfortable lead, and a nonprofit regional news site, using an established local pollster, had her up by 13. Unwilling to take chances, however, she went on the defensive, scuttling her practice of lavishing some of her war chest — she amassed $20 million — on more vulnerable Democratic candidates elsewhere. Instead, she reaped financial help from the party’s national Senate committee and supportive super PACs — resources that would, as a result, be unavailable to other Democrats.

    A similar sequence of events played out in battlegrounds nationwide. Surveys showing strength for Republicans, often from the same partisan pollsters, set Democratic klaxons blaring in Pennsylvania, New Hampshire and Colorado. Coupled with the political factors already favoring Republicans — including inflation and President Biden’s unpopularity — the skewed polls helped feed what quickly became an inescapable political narrative: A Republican wave election was about to hit the country with hurricane force."

    https://www.nytimes.com/2022/12/31/us/politics/polling-election-2022-red-wave.html
     
    #22     Oct 18, 2024
    Tuxan and gwb-trading like this.

  3. RCP's electoral college map is 4-1 in predicting the electoral college winner,thats how they do in presidential races,which is the subject of debate.The only one they got wrong had Clinton up by only 6 electoral college votes,Trump is currently up by 86 electoral college votes.
     
    #23     Oct 18, 2024
  4. exGOPer

    exGOPer

    RCP got took over by Trumpers around 2020, what they did prior to that is meaningless.
     
    #24     Oct 18, 2024
  5. RCP was more accurate in 2020 than 538 and their previous record is not meaningless.
     
    Last edited: Oct 18, 2024
    #25     Oct 18, 2024
  6. exGOPer

    exGOPer

    Again, how were they in 2022? Was there a red wave?
     
    #26     Oct 18, 2024
    Tuxan likes this.

  7. 2022 was not a presidential election.In presidential elections RCP's electoral college map is 4-1 in predicting the electoral college winner.The only one they got wrong had Clinton up by only 6 electoral college votes,Trump is currently up by 86 electoral college votes.
     
    #27     Oct 18, 2024
  8. ipatent

    ipatent

    All RCP is doing as far as the betting odds is concerned is averaging numbers from third party sites. Their own POV is irrelevant.
     
    #28     Oct 18, 2024

  9. RCP did not suggest there would be one.

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    #29     Oct 18, 2024
  10. exGOPer

    exGOPer

    So you have a giant sample size of zero after RCP got took over by Trumpers?
     
    #30     Oct 18, 2024
    gwb-trading likes this.