Betting Markets Give McCain a 10 Percent Shot

They have a great track record but were wrong four years ago, at least at first.


The political junkies over at Intrade give Obama a 91.7 percent chance of getting elected. So it may seem like McCain has no chance ... except that the betting markets went heavily for Kerry four years ago based on the bad exit polls. But, interestingly, the betting markets turned around as the day wore on and showed a Bush victory even as the TV pundits kept talking about a Kerry win.

2008 presidential election

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