Intrade Arb

Quote from BlindLemonBoosh:

Obama Pres. Ask 68
Dem. Pres. Ask 75.1
Also a persistent arb between Intrade and Betfair. Same direction -- Intrade Obama underpriced.

The Obama underpricing may be the work of a single pro-McCain trader, who looks to have dropped about $200k so far supporting his guy.
 
I was just thinking of this today before I saw this - some people must be making big money arbing between Intrade, those Iowa University markets, Betfair, and the others.
 
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