Overconfidence Suggested in Supreme Court Predictions

Full story: FiveThirtyEight
Bettors at the prediction market Intrade are quite confident that the Supreme Court will declare the individual mandate unconstitutional when it rules on the government's health care bill. Full Story

Weaverville, NC

#1 Jun 27, 2012
I'm rather surprised. There's a lot of money riding on this.

Columbus, OH

#2 Jun 28, 2012
Court's gone against the bettors. The individual mandates stands as Constitutional. Roberts comes down on the 'liberal' side.


Columbus, OH

#3 Jun 28, 2012
From SCOTUSblog:

The bottom line: the entire ACA is upheld, with the exception that the federal government's power to terminate states' Medicaid funds is narrowly read.

Wow...wow. Didn't really expect that.

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