Comment by MaysonL
17 years ago
Intrade's markets on the election are ripe for arbitrage: 4.2 the price for the Clinton nomination, and 6.0 for her winning the general. What's that, a 43% profit with very very low risk[buy the nomination, sell the general: can't win the general without the nomination]?
The problem is that the Intrade market is small, requires a wire transfer + personal docs to deposit money, and is almost certainly illegal in the US. I've wanted to play there many times, but I've never wanted to go through the process of getting my money to Ireland.