'Cafferty File' Notes Iowa Electronic Market Prices

Barack Obama will win the Democratic nomination, and the odds are he'll go all the way to the White House. So say the bettors in the prediction markets. Reuters reports that traders in the Dublin-based "Intrade" market give Obama an 86 percent chance of being the nominee, versus a 13 percent chance for Hillary Clinton. On the IOWA ELECTRONIC MARKETS at the University of Iowa, traders give Obama an 83 percent chance of winning, compared to a 13 percent chance for Clinton.