This is the headline I want to see on November 6.
It means that Romney wins and Nate Silver, author of the NYT blog fivethirtyeight, lost his bet to Joe Scarborough that Obama would win.
Though, since his model is arguing there’s a 4 to 1 chance Obama wins, I’m not sure why it’s a $2k v. $2k bet. It should be Scarborough risking $2k and Silver risking $8k.
Anyway, Silver is predicting that Obama has a 78.4% chance of winning re-election.
Now that number seems insane, but unlike other conservatives out there, I don’t think Silver is pandering to the left—I just think his model leaves room for some questions.
What happens to Silver’s model if it’s off by even a lil’ bit? Read here to find out.


















































































































SamIamTwo
Nov. 2, 2012 at 7:08am“I’m not sure why it’s a $2k v. $2k bet.”
Well it is consistent with the fact that these folks know nothing about math let alone the economy.
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yeahook
Nov. 1, 2012 at 3:56pmThe whole point of the bet is he doesn’t know that Obama is going to win but the odds are good enough that an even bet is a good deal for Nate Silver. If you stack the odds correctly it defeats the purpose
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