Tempted by Tradesports

In my travels through the internets I have come across Tradesports.com, a site that will let you bet on, among other things, politics. This is significant to me, as I have never followed sports closely enough to be able to bet on them. I have not spent a winter pleading for my fantasy hockey team to pick up their game. My ignorance makes me somewhat immune to sports betting.

I have fancied myself as someone who is adept at calling elections, I generally feel like I have a good intuition about what's going to happen in an election. Don't ask me how, I just do. The question is: could I put my money where my mouth is? To what extent does a wager cloud one's actual judgment?

Additionally there is the component of what I like to call selective gambling memory. Everyone remembers their one big payday. If you talk to people about casinos, they invariably have a story about either themselves or a friend/relative raking in the big bucks. It seems that we selectively recall the times when we beat the odds. Like I said above, I consider myself fairly astute when it comes to picking electoral outcomes. But am I just discarding my bad picks?
Tags: Tradesports