The upcoming US presidential election
Online betting makes Senator Barack Obama the heavy odds-on favorite in the upcoming US presidential election, according to a leading online bookmaker whose reliability some analysts believe equals or betters that of opinion polls.
According to Ireland’s Intrade, a leader in the prediction market business, the prevalent betting predicts the Democratic senator will win all the states that John Kerry won in 2004, plus key states Virginia, Ohio, Florida, Colorado, Nevada, Iowa, New Mexico and Missouri.
*The current betting trend would give Obama 364 electoral votes in the November 4 presidential election, well over the minimum 270 needed to clinch the White House*. (As the odds of John McCain winning the election on 4th November continue to fall).
Experts are divided on the reliability of the online prediction market, but some believe past results show they are just as good or even better than opinion surveys. In 2004 - President George W. Bush won and lost in all the states Intrade predicted he would. In the 2006 legislative elections, it correctly predicted the Republicans would win a Senate majority, when even the pundits were unsure how the race would go.
Betting on US Presidential Election 2008 at:
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[...] whose reliability some analysts believe equals or betters that of opinion polls……. Read more: The upcoming US presidential election (The odds of John McCain winning the election on 4th November continue to fall) [...]
[...] The upcoming US presidential election Online betting makes Senator Barack Obama the heavy odds-on favorite in the upcoming US presidential election, according to a leading online bookmaker whose reliability some analysts believe equals or betters that of opinion polls. … [...]
[...] The upcoming US presidential election Online betting makes Senator Barack Obama the heavy odds-on favorite in the upcoming US presidential election, according to a leading online bookmaker whose reliability some analysts believe equals or betters that of opinion polls. … [...]