Tonight we will have our first chance to see Obama and Romney go head to head. While the national polls are showing a close race, the odd makers over at Intrade.com are showing a different story:
How Intrade’s Prediction Market works (via Intrade.com):
Intrade is a prediction market. What is a prediction market? It’s a market that allows you to make predictions on the outcome of hundreds of real-world events. Stock exchanges find the price of stocks, and futures markets find the price of commodities. Prediction markets find the probability of something happening – a predefined, uncertain future event.
It will be interesting to watch the Intrade data as the tonight’s debate gets on its way….