“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.”
