Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

The money is on Hillary Clinton to bury Donald Trump


Prediction one: Donald Trump and Hillary Clinton will win their parties' nominations. Prediction two: Clinton will take the White House handily. At least, that's what political wagering websites say.

These operations, which distill the wisdom of crowds, turn out to be surprisingly solid when it comes to predicting presidential races. Their record for accuracy outdoes that of opinion polls.

Most Web-based political investment markets -- they don't like to call themselves betting pools, not wanting to run up against online gambling bans -- are structured to run much like commodity futures exchanges.


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