Two Election Bets
By Bryan Caplan
1. Steve Pearlstein bets $50 at even odds that Ted Cruz wins the Republican nomination. I bet against.
2. Nathaniel Bechhofer bets $40 at 2:1 that Hillary Clinton wins the 2016 presidential election. I bet against.
My reasoning, in both cases, is that betting markets are more accurate than the people I eat lunch with.