If you want to follow the presidential race on the prediction markets yourself, here are three links: Intrade;Betfair, where to translate odds like 1.47 into a percentage, you divide 1.47 into 1 (about 68%); and finally IEM -- the Iowa Electronic Markets, where the current odds are in the two boxes on the lower right; Obama, above; Romney, below. Be advised, though, that Intrade and Betfair represent wagering on who becomes President. IEM betting is on who wins the popular vote. [links in the article.]PBS News Hour
Why the President Is Still a Heavy Favorite on the Prediction Markets
Paul Solmon
4 comments:
Great post, Tom. I had been wonderng about the huge discrepancy between the polls and Intrade. Let's see what happens.
That chart looks like FB.
https://data.intrade.com/graphing/jsp/closingPricesForm.jsp?contractId=743474&tradeURL=https://www.intrade.com
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