You don’t have to just bet on stocks. Now, inTrade allows you to bet on all types of topics, such as politics, the weather, and other predictions. Is this legal? 20/20 just spotlighted this website tonight and feels it should not be legal. That’s probably why the inTrade company is run from Ireland, where online gambling is not guarded by the law.
The news shapes how the value of the stocks are within inTrade. It’s an easy site to be up and running in minutes. And you can choose your favorite democratic candidate or McCain.
The site can use some serious computer support though since it is very slow navigating from page to page. They probably need to increase their Internet speed to allow for good throughput. Throughput is the width or bandwidth that allows simultaneous Internet users to access the site. With more throughput, this site can be a force to compete with eTrade. Ok, well maybe not in the near future.