Comment by terminalshort
4 hours ago
This is just implausible. Nobody with a brain is going to throw away 4 million on the speculative hope that a prediction market price is going to magically manipulate media coverage on the election.
4 hours ago
This is just implausible. Nobody with a brain is going to throw away 4 million on the speculative hope that a prediction market price is going to magically manipulate media coverage on the election.
That's a lot of money for an individual, but if the (dark) money originates from a donor or PAC, it's just another campaign expense.
It's still a lot of money from a donor or PAC for this kind of change. I find it remarkably hard to believe that lines moving on Intrade would have a bigger impact than an equivalent amount of money spent on battleground state television ads.