Data guru who correctly called 2020 election predicts a shock landslide for this candidate
https://www.silive.com/politics/202...cts-a-shock-landslide-for-this-candidate.html
While the polls show a close race between Vice President Kamala Harris and former President Donald Trump, a data scientist said that one candidate could actually be headed toward a landslide victory.
Thomas Miller, from Northwestern University, is predicting that Harris will overwhelmingly defeat Trump on Nov. 5.
“It’s gone from a drastic landslide in Trump’s direction to a drastic landslide for Harris,” Miller told Fortune magazine.
Miller, who accurately predicted that Joe Biden would defeat Trump in 2020, uses info from betting markets instead of traditional polls.
He believes that polls don’t accurately reflect often swiftly changing voter dynamics because the surveys only sample a small number of respondents and often take days to be published.
“Polls are a snapshot of the past,” Miller said. “The odds-on betting sites are a map of the future.”
He said that betting markets can make for better predictors because people wager their own money and because the wagering sites update in real time.
Eric Zitzewitz, a professor of Economics at Dartmouth College, told Newsweek, “Prediction markets normally forecast the odds of a candidate winning the election, whereas polling provides a forecast of their share of the vote.”
He said, “One advantage of prediction markets is that they are forward-looking. For instance, after Harris won the debate, the markets moved immediately in her direction, correctly expecting that post-debate polls would as well. The same happened, in the opposite direction, after the Trump-Biden debate.”
Miller in 2020 used PredictIt, the largest political betting site in the U.S., to track odds in a number of voting jurisdictions.
His model, which includes data from the last 16 presidential elections, converts betting prices into popular vote and Electoral College projections. He missed Biden’s Electoral College count by just 12 votes four years ago.
PredictIt on Thursday showed Harris with a 57% chance of winning, which under Miller’s model would give her 57% of the popular vote.
That could translate into 400 votes in the Electoral College, with 270 needed to win the White House.
If these numbers hold, Trump could face an “absolute rout,” Miller said, similar to the 1964 race, when Democratic President Lyndon Johnson got 486 electoral votes to 52 for Republican Barry Goldwater.
Miller’s model suggests that Harris would not only win swing states like Michigan and Pennsylvania, but could also potentially flip traditionally Republican states.
this is exactly what's going to happen.
i predicted it long ago.