..

Iowa Electronic Markets Say Democrats Are Doomed

Written by:
Aaron Goldstein
Published on:
Oct/26/2010

It’s the closest thing to political betting and perfectly legal, so says MSNBC.com.  The Iowa Electronic Markets have the Democrats projected to lose badly come next week. 

From MSNBC.com:

For more than 20 years, the Iowa Electronic Markets have let Internet users buy and sell "shares" in political propositions -- for example, RH_NRS10 in the chart above stands for the proposition that Republicans will control the House and non-Republicans (Democrats and independents) will hang onto a Senate majority. You could buy into that proposition today at around 73 cents a share. If that's the way the election turns out, you receive $1 per share. If the outcome is different, you get zip. Nada. Nothing.

Intrade.com is a betting site based out of Ireland that takes bets from U.S. citizens.  Its customers are betting 90 cents on a proposition that pays off $1 if the Republicans win the House.

Among the more high profile Democrats likely to lose according to the prediction markets is Harry Reid, the Senate Majority Leader.  He stood just a 35 percent chance of winning against Sharron Angle, those these numbers are not necessarily reflected in polling. 

The new Rasmussen poll of the Nevada Senate race has Angle leading Reid by just four points with a 4 point margin of error.  She had led by three points last week.

- Aaron Goldstein, Gambling911.com 

Politics News

Pacquiao's Presidential Odds Are Not Favorable

Pacquiao's Presidential Odds Are Not Favorable

Manny Pacquiao announced this weekend that he's accepted the PDP-Laban party nomination and will run for Philippines President in 2022.

Oddsmaker Dave Mason: Trump Closing the Gap

Oddsmaker Dave Mason: Trump Closing the Gap

The big story may actually be Florida Governor Ron DeSantis' fall from grace in the polls as he had the second shortest odds among Republicans to become President.

Newsom to Remain California Governor Following Recall Vote

Newsom to Remain California Governor Following Recall Vote

Gavin Newsom was projected to win a special recall vote that would keep him in office as California Governor another year.  CNN made the projection shortly after 11:38 pm ET.

Newsom Removal as Governor of California: No Now Favored at -2000

Newsom Removal as Governor of California: No Now Favored at -2000

The 2021 California gubernatorial recall election is Tuesday, and BetOnline's numbers don't project a changing of the guard.

Recall Election Odds for Newsom, Vote Margin and Elder/Jenner Vote Share

Recall Election Odds for Newsom, Vote Margin and Elder/Jenner Vote Share

The 2021 California gubernatorial recall election is Tuesday, and the political betting markets aren't projecting a changing of the guard.

Syndicate