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Betting Markets Predicting Obama Victory

bassist33 Wrote: Nov 06, 2012 4:43 PM
Hey! I shower!!
Betting markets accepting public bets on the presidential election today have coalesced around a narrative: President Obama has a good chance of retaining the Oval Office.

The Intrade market has President Obama with (as of this writing) a 72.5% chance of winning the election - and the number being that high is largely a result of predictions being made today. President Obama is up over four points in the market today alone after having hovered in the 60% range for most of the race.

Here's the intrade predictions for the electoral map. Of...