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Harry Crane

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@HarryDCrane

professor, statistics
prediction markets, probability, gambling, common sense
harrycrane.com
New Jersey harrycrane.com Joined November 2015
205 Following 25K Followers 2.1K Posts

Latest posts 5

Harry Crane Verified account @HarryDCrane
Big difference this cycle compared to 2024 is that prediction markets are now mainstream, and polls are taking a backseat.

Major contributing factors include perceptions of media/polling bias and prediction market success in recent elections.

It's been a long time coming.
Next Up with Mark Halperin Verified account @NextUpHalperin Oct 30
Why Political Prediction Markets Have EXPLODED

@billsperos argues this is a “Back to the Future” moment for prediction markets. Speros says the growing popularity of political markets is changing how Americans engage with elections, offering a new way to gauge voter sentiment and anticipate potential shifts in key races ahead of Election Day.
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Harry Crane Verified account @HarryDCrane
Questions I'd like to understand better about states rights vs federal pre-emption for prediction markets.

Could a state decide it does not want its residents to have access to the stock exchange or 401k plans?

If prediction markets are regulated as financial markets, what is the difference?
Bloomberg Verified account @business Oct 29
Utah has filed criminal charges against Kalshi Inc, alleging the company illegally promoted online gambling in the state amid an escalating fight over prediction markets bloomberg.com/news/articles/…
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