Debate Sends Obama's Odds Falling, Romney's Rising on Intrade
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Mitt Romney got the better of Barack Obama in Wednesday night's presidential debate, at least according to the bettors on Intrade.
The President began the debate with a 71 percent chance of winning. Immediately following the debate, his chances had fallen to just over 67 percent. Over the course of the day, his odds declined by more than 8 percent.
Romney's odds of winning shot up to 32.3 percent. That means that for the day, Romney's odds of winning rose more than 24 percent.
That still puts Obama as the clear favorite on Intrade. But the Intrade bettors certainly believe the night was Romney's.
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