Ask HN: Is there a legal way to participate in prediction markets?

Posted by Siah on Sunday November 04, 2012 @09:32PM
from the ask-hn dept.

I am a US resident and it seems that I cannot use my US accounts to legally pay for Intrade. I am wondering, considering the rise of prediction markets, is it possible for US residents to participate in these markets legally?

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Re:Ask HN: Is there a legal way to participate in prediction... by tokenadult on Sunday November 04, 2012 @10:07PM (#4742079)

The Iowa Electronic Markets

http://tippie.uiowa.edu/iem/faq.html#who

are legal for United States residents, and offer a pretty good spread at the moment for making some quick money on the election results.

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