Prediction Market: McCain Moves Ahead
Posted Sep 11, 2008 at 1:42 PM by Maurice Berger
Intrade, the preeminent online "prediction market"--where online bidders place bets on the outcome of forthcoming political, social, and cultural events--has some troubling news for the Obama campaign: McCain has for the first time moved ahead of his Democratic rival on the question of who will win in November. While this number is not in and of itself meaningful, it suggests one implicit problem for the Democrats: the perception, in the minds of many voters, that an Obama victory is no longer inevitable. (See below, "Most Americans Now Think McCain, Not Obama, Will Win," 8 September.)
