Sam Wang Proposes a Senate Election Bet to Nate Silver

Sam Wang: Is Nate Silver a little too excited about his model?: “Really, the GOP has an 25% chance (3-1 odds)…

…of getting 54 or more seats? I’d put it at more like 5%. Even 53 GOP seats is a fairly outside outcome. If a betting person were offered the chance to put up $3000 against Nate Silver’s $1000 on that outcome… that would be taking his money…