Prediction Market Results: Obama Versus Romney

Photo of Jon C. Ogg
By Jon C. Ogg Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Do Prediction Markets translate to the same sort of investing markets as the stock market?  It depends upon whom you ask and we wanted to give an unbiased look at the current horse race for teh White House in 2012.  All you have to do is to track the daily results on Intrade.com, where real money is committed on potential real life events that are not always financial events.  The presidential election is a key prediction market at Intrade.

While the Mitt Romney victory in the Iowa caucus was by a hair and while his Intrade market value is down about 1 point today, the Mitt Romney’s current chance of winning the Republican nomination is about 81.5%.

The other side of the coin is that Barrack Obama’s chance of being re-elected as President is 51.3%.

As far as the current Intrade statistics go in general they are as follows: Democrats 51.7% versus 46.0% for the Republicans. Those figures will likely change daily as there are more than ten months left until election day.

In order to see how these fluctuate through time, we have included a chart for Romney and a Chart for Obama:

Invalid Image

 

 

 

 

 

 

Invalid Image

Contact [email protected] for any questions or corrections.

Photo of Jon C. Ogg
About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

CRWD Vol: 3,697,106
GS Vol: 1,376,313
MPWR Vol: 145,099
DELL Vol: 2,134,370
NTAP Vol: 592,726

Top Losing Stocks

IBM
IBM Vol: 27,330,510
CTRA Vol: 73,319,495
BIIB Vol: 1,032,098
HCA Vol: 1,791,103
SYK Vol: 1,011,512