Monday, December 19, 2011

Wager on elections? You bet

http://www.politico.com/news/stories/1211/70624.html

More Americans may soon be able to openly wager in the markets about whether President Barack Obama wins re-election or Republicans gain control of the Senate.

Political junkies have previously placed “bets” on the presidential race through the Iowa Electronic Markets and the Irish exchange Intrade. But the federally regulated market being set up by Chicago-based Nadex has a major difference – they could cash in.

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