'Prediction' Markets Get Trounced in Hong's Defeat

Originally published at: ‘Prediction’ Markets Get Trounced in Hong’s Defeat - TPM – Talking Points Memo

We went late into the evening waiting for absentee ballots in Milwaukee County last night. But Milwaukee County executive David Crowley will become the Democratic nominee for governor in Wisconsin, despite it seeming like a certainty that Francesca Hong would be the winner. As of yesterday, every recent poll had shown Hong at least 20…