GO
Loading...

Debate Sends Obama's Odds Falling, Romney's Rising on Intrade

Monday, 5 Nov 2012 | 6:12 PM ET
President Barack Obama and Mitt Romney
Jewel Samad | AFP | Getty Images
President Barack Obama and Mitt Romney

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.

Follow John on Twitter. (Market and financial news, adventures in New York City, plus whatever is on his mind.) You can email him at john.carney@nbcuni.com.

Featured

NetNet TV

Wall Street

  • New York Attorney General Eric Schneiderman

    The New York attorney general's office has subpoenaed about a half-dozen high-frequency trading firms, a source told CNBC.

  • China's Weibo has priced its initial public offering at $17 per American Depository Share, at the bottom of its planned range.

  • Some high profile earnings beats by General Electric, Pepsico and Morgan Stanley helped counterbalance the hangover of Wednesday's big tech earnings misses.