IEM: Traders Bet Obama Beats McCain in U.S. Election
Bookmark & ShareJune 5, 2008
Democratic presidential candidate Barack Obama will beat Republican John McCain in the November U.S. presidential election, prediction market traders were betting on Wednesday. Traders on the Dublin-based Intrade prediction market gave Obama a 61 percent chance of winning the November 4 election, versus a 35 percent chance for McCain. Traders on the IOWA ELECTRONIC MARKETS gave the Democrat an almost 62 percent chance of winning, versus a 39 percent chance for the Republican.
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