You don't understand how Intrade works; there ARE no "odds makers" - the odds makers are the people making the bets themselves. If a candidate has low current odds of winning, it's not because some bookmaker has set the odds low, it's because the majority of the thousands of people placing bets think that candidate has a low chance of winning.
Such predictive markets have shown remarkable accuracy; the collective wisdom of the "crowd" is usually superior to the wisdom of individual "experts."
They are not taking into account the simple fact that the Senate races cannot be seen in a vacuum.
Do they think that the Democrats are going to be devastated in Congressional races and in Governors races and NOT the Senate as well?
Watch the odds change as the election draws closer.
In this case, the "experts" set the conventional wisdom and the crowds follow.
Wisdom of crowds, c'mon. Flocks, more like.