We've had our first major upset of the Republican primary!

On Tuesday, there were 3 major events in the Republican primary calendar. Both Minnesota and Colorado held caucuses while Missouri held a non-binding primary. Going into the night, Santorum was expected to win Missouri (he had been campaigning there, while other candidates had been avoiding it) and likely to win Minnesota as well. Colorado, having similar demographics to Nevada (although having a notably smaller Mormon population) was expected to grant Romney a victory. In fact, prior to voting in Colorado, betting site Intrade had Romney at 97% to win the state. To riff off a common sports phrase? That's why they count the votes!

Is sports gambling beatable?

Casinos, over the years, have traditionally thought of sportsbooks as an amenity to offer to their customers as opposed to a real way to make money. They cap the bets made on traditional over/unders and to people who consistently win in sports gambling (known as 'sharps'). The casinos believe that sports gambling is beatable by a select few and just hope that the losses of the masses can wash out the gains of the few. But, the obvious question is: if it is beatable, how does one stay ahead of the market/line-setters?

What sort of cognitive dissonance does it cause when you read a new post in February and the title contains a data in January? Whatamess!

Feel like helping push DQYDJ closer to the top of the world (loosely defined)? We're 2 followers away from 200 on Twitter and 2 likes away from 65 on Facebook.

A lot of recent financial news has focused around the spreading European sovereign debt crisis. The big question many Americans now try to answer is what this means for them on a day-to-day basis. At the same time as this is happening, the Fed has declared that they will endorse a policy of more transparency, opening up their forecasts to scrutiny and understanding.