Yes, that’s pretty amusing. On the other hand, remember that the further in the future a contract is, the more mispriced you can expect it to be—Intrade does not pay interest or otherwise compensate you for opportunity cost. (I believe this was covered in one of the footnotes.)
Yes, that’s pretty amusing. On the other hand, remember that the further in the future a contract is, the more mispriced you can expect it to be—Intrade does not pay interest or otherwise compensate you for opportunity cost. (I believe this was covered in one of the footnotes.)