“I never doubted Intrade’s results after the Senate fell from 53-47 for the Republicans to 20-80 against. There was no ‘margin of error’ worth talking about in any of the three betting markets: President, Senate, or House. There comes a time to face up to reality. The reality is this: the polls are no match for the accuracy of betting sites when a large number of people are betting. All of the money spent on polling was wasted. All of the emotion spent on assessing the polls was wasted.”
http://www.garynorth.com/public/10299.cfm
Related posts:
PGP inventor and Silent Circle co-founder Phil Zimmermann on the surveillance society
The Internet: We’re Doing It Wrong
Court: CIA cannot continue to deny basic information on drone program
Department of Homeland Security Giving Firms Free Penetration Tests
Raising Millionaires’ Taxes Will Drive Them Away
The Future of Transportation
Dream Chaser flight a 'success' despite gear failure
A Computerized, Desktop Metal Fabricator for $1,400?
Another Lying Rice in the White House
Senator Asks if FBI Can Get iPhone 5S Fingerprint Data via Patriot Act
Teacher arrested for bringing up admin salary at school board meeting
QE 3 Moves to Japan
Thanks to Capitalism
Malaysian Central Bank Has No Plans To Regulate Bitcoin
Nintendo kicks “Let’s Play” videos off YouTube then slaps ads on them