Intrade is a NOT a poll of who will win, it is a measure of how many people put money on one side or the other
Usually that is a good indicator, but Obama voters are pretty stupid
If I could I would put $2K on Romney on Intrade TODAY
The ideal betting situation for bookies is 50%/50%...This is because the bookie requires 10% “vigorish” from a losing bet.
It seems they are showing that Obama should win by 80%/20%...What this shows me is they are trying to get MORE Obama bets by claiming his victory margin...The betting may actually be running higher for Romney than Obama and the bookies are trying to even things up...