Obama 60 Percent Chance of Being Re-Elected Says Betting Exchange

Submitted by Ean Lamb on

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Ean Lamb

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The online wagering exchange intrade.com has US President Barack Obama being re-elected with 60 percent backing. 

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Obama received a 6 percent bounce in polls following last week’s Democratic Convention. 

The President’s position in a match-up with the Republican nominee among all registered voters is the strongest it’s been since April, according to an ABC News/Washington Post poll, which reveals that 50 percent supported Obama while 44 percent supported Romney. 

A CNN survey conducted during the same three days found Obama holding a 52 percent to 46 percent advantage over Romney among likely voters.

The GOP nominee received only a nominal jump following the Republican Convention.

Obama was better than a 1/2 favorite at Sportsbook.com.

- Ean Lamb, Gambling911.com

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