Buy Intrade shares on Romney? [Vanity]

What happens at a racetrack when an unknown bettor plops down say, a hundred grand or so - or more, on a bet for someone? What happens?, tell me....

One would think that odds will get shifted to cover a loss should they have to pay off this debt, right?

Suppose someone like SOROS or of his ilk places millions of dollars worth of bets?

If you look at it, it’s a cheap way to get some favorable odds press, and you don’t even have to go through the motions of conducting some fake-assed poll...

Check the fine print. A few years back I starting betting on a sport bet site (off shore). I won pretty big. Collecting was hard and they threw all kinds of fees at me. After I won $1,500.00 they sent me a check 6 months later for $923.00

It looks like intrade only makes money by charging a simple $5 a month unlike fairbet that charges by collecting 5% on any winning bets.

So if you only have $40 in your intrade account in any month, and only bet that $40, they collect $5 which would be 1/8 of the amount wagered. But if you write a $22,000 check to set up your account, intrade would still only charge $5 to have that amount in your account. I think.

So like if you had funded an intrade account in early September, and then placed your bet the last week of September (just before the famous October 3 debate) —and held that position till a couple days after the debate, and cashed out, you’d have made over 50% on your wager winnings.

And if you’d have held your September position when wagering was $22,Romney / $78Obama ,—and should Romney win, you shall have parleyed that $22,000 in to $100,000.

In any case it’s kind of late to get in on anything just 9 days before Oct 6, if you are an American citizen. It takes 10 days for a personal check to clear. They only take checks and not credit cards or paypal to set up your account to make wagers.

If you are an American (which may not be the case based on your handle), it would be technically against the law to do so.

Intrade is considered internet based gambling and thus is forbidden to US Citizens
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NEGATIVE. Intrade is different as the house does not set the odds ,, all wagers are between members.. That is why Intrade accepts US based accounts.

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