Thursday, September 11, 2008

Money Flows To John McCain At Intrade

The most accurate prediction market in the world favors John McCain for the first time over his rival Barack Obama. The 'Palin bounce' is sticking so far.


2008 US Election - 2008 Presidential Election Winner (Individual)
John McCain to win 2008 US Presidential Election
John McCain to win 2008 US Presidential Election
Last Price: 51.0 1.2

You can buy
this at 51.1

You can sell
this at 51.0


2008 US Election - 2008 Presidential Election Winner (Individual)
Barack Obama to win 2008 US Presidential Election
Barack Obama to win 2008 US Presidential Election
Last Price: 48.0 0.9

You can buy
this at 48.5

You can sell
this at 48.0



Obama holds what is basically a one state lead in the only important measure - the electoral college. That advantage can be flipped with McCain winning his neighboring state of New Mexico and flipping it's 5 electoral votes to the GOP. All eyes will once again be on Ohio. Bush won New Mexico in the 2004 election. Here is a brief update:

Election 2008ObamaMcCainSpread
RCP National Average45.247.6McCain +2.4
Favorable Ratings+18.8+20.5McCain +1.7
Intrade Market Odds48.051.0-
Electoral CollegeObamaMcCainSpread
RCP Electoral Count217216Obama +1
No Toss Up States273265Obama +8
Battleground StatesObamaMcCainSpread
Michigan47.045.0Obama +2.0
Ohio46.746.7Tie
Pennsylvania47.345.0Obama +2.3
Virginia46.749.3McCain +2.6
Colorado46.445.0Obama +1.4
New Mexico47.044.7Obama +2.3
More States



Don't expect either candidate to campaign anywhere in California as Obama is holding a double digit lead. Both may stop in to pick up some money from time to time. When you see commercials on TV here in Los Angeles - you are seeing them for one reason: both candidates want to lead in national polling and a lot of people live in Los Angeles (some of which can vote legally).

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