Debate Sends Obama's Odds Falling, Romney's Rising on Intrade
Mitt Romney got the better of Barack Obama in Wednesday night's presidential debate, at least according to the bettors on Intrade.
The President began the debate with a 71 percent chance of winning. Immediately following the debate, his chances had fallen to just over 67 percent. Over the course of the day, his odds declined by more than 8 percent.
That means that for the day, Romney's odds of winning rose more than 24 percent.
Obama down almost 10 points on Intrade
Want to know how the debate is going? Check out Intrade, which is a market-based betting site. Obama is down to a 67% chance of winning the presidency, compared to 76.5% before the debate.
h/t to Business Insider
Romney wins debate -- on Intrade
Intrade is a prediction market that allows investors to wager on the outcome of events. In this case: the presidential election.
To the investors on Intrade, there was little question who came away from Wednesday night's presidential debate on top: Mitt Romney.
Obama has dropped more since the two articles came up..
I take it OT is trying to dump his intrade bets.... I hope he didn't lose to much..