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Intrade still has Obama at 72.5% to win the nomination ...

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Steeler1623 Donating Member (39 posts) Send PM | Profile | Ignore Fri Mar-07-08 03:17 PM
Original message
Intrade still has Obama at 72.5% to win the nomination ...
Edited on Fri Mar-07-08 03:19 PM by Steeler1623
http://www.intrade.com

Intrade is the best place I know to turn to for a "reality check" regarding the current status of the race. When people are putting their money on the line, you know they aren't trying to spin a particular position. You also know that anyone who trades on political news is much more informed and saavy than the typical person.

I think Intrade's evaluation of the situation is just about right. Obama was at 85% before Ohio-Texas, and I thought that was a good estimate. I think 72.5% is a fair estimate as well considering recent events, which helped Hillary but weren't all that unexpected a development, considering she was up by 22 and 15 points respectively in Ohio and TX a month ago.

It's interesting that there's apparently a half percent allocated to neither candidate- maybe that's for the "Al Gore on the second ballot" scenario.
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thevoiceofreason Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-07-08 03:28 PM
Response to Original message
1. And that number will go up Sunday, and again on Wednesday
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BleedingHeartPatriot Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-07-08 03:33 PM
Response to Original message
2. Making book, I just read a fascinating piece on the trading activity during the 2004 election.
They had Bush at O% to win a second term, at one point, LOL.
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jakem Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-07-08 03:35 PM
Response to Reply #2
3. wow. you can get a good return on a 0% odds....


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