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Friday, October 02, 2009

Who will win the Olympics bid?

Everyone has an opinion but only a few people have an opinion with money on the line - I speak of those participating in the Intrade market. Here are the bid-ask prices from 9:12 am EDT



The U.S. (Chicago) has a 53% chance of winning followed by South America's (Rio) 42% chance.

Asia (Tokyo) and Europe (Madrid)? The wisdom of crowds says "Thanks for playing."

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Comments:
Ouch ... people with money on the line were a little off. Chicago lost in the first round.
 
Rio is on the top of the list and Chicago is on the bottom..
 
I am happy for Rio...and waiting for Olympics...2016 in Rio.
 
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