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Double or Nothing!

What happens in Iowa stays in Iowa?... Nah! But you can put your money on the big horse races this year. Well, not exactly but there ARE real-money futures markets on the House and Senate races at the Iowa Electronic Markets! Yep. No need to re-read that last sentence. You read it right!

About the Iowa Electronic Markets (IEM):

The Iowa Electronic Markets are operated by faculty at the University of Iowa Henry B. Tippie College of Business as part of our research and teaching mission. These markets are small-scale, real-money futures markets where contract payoffs depend on economic and political events such as elections.
According to Ron Kessler in today's Washington Wire, you can "bank" on the results of the IEM as they are more accurate than the polls:
Many experts believe prediction markets are more accurate than opinion polls because voters don't have the incentive to tell pollsters the truth. When their money is on the line, they do.

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