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naraburns  nihil supernum  6mo ago (text post)   28014 thread views

U.S. Election (Day?) 2024 Megathread

With apologies to our many friends and posters outside the United States... it's time for another one of these! Culture war thread rules apply, and you are permitted to openly advocate for or against an issue or candidate on the ballot (if you clearly identify which ballot, and can do so without knocking down any strawmen along the way). "Small-scale" questions and answers are also permitted if you refrain from shitposting or being otherwise insulting to others here. Please keep the spirit of the law--this is a discussion forum!--carefully in mind.

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Did Nate Silver just get obliterated by some twitter random (Keith Rabois) for 100K? Back a month ago there was this exchange where Nate asked this dude for a binding promise to transfer 100K if Trump didn't win by 8 points in Florida. Nate seemed pretty confident and I assumed he knew what he was doing. The other guy seemed like an angry lower-caps twitter dude.

https://x.com/NateSilver538/status/1842211340720504895

Florida is 91% in and it's looking pretty bad for Nate: https://www.axios.com/visuals/presidential-election-results-2024-updates-harris-trump?selectedRaces=all

Trump 5,864,014 56.1% Harris 4,491,712 43.0

Am I fundamentally misunderstanding what's going on here? It seems very bad for Mr Forecaster if he bets so confidently and gets nuked.

Edit: According to Rabois Nate Silver later withdrew his offer of a bet: https://x.com/rabois/status/1853971462744359299

Keith Rabois is not a "Twitter random" but a well-known VC.

Keith never followed up on the bet IIRC, but yeah, it's looking like he'd have won. Losing a particular bet, though, doesn't mean it was a bad bet to make on Nate's part. You play the odds as you see them, and given enough bets, eventually you hope to come out ahead.

Has Nate made any other bets?

He's big on poker and sports betting and apparently moderately successful there, but I don't believe he's made any public political bets.

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