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Why prediction markets can be more accurate than polls at predicting election results

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Summary
Nutrition label

82% Informative

Rutgers statistics professor Harry Crane says prediction markets are historically more accurate than polling.

He says they've successfully forecast the last few presidential cycles and even predicted President Joe Biden would drop out weeks in advance.

The CFTC is looking to outlaw all election betting in the US if passed.

Crane says looser regulation would allow more participation and prevent manipulation.

VR Score

85

Informative language

85

Neutral language

59

Article tone

semi-formal

Language

English

Language complexity

58

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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