Romney line is dropping consistently

[hels]

This morning on betfair the odds were as follows

Romney 6/1
Obama 1.2/1

Romney's line has been steadily falling all day and the current lines are as follows

Romney 4/1
Obama 1.33/1

There has been over 33 million traded on this market so these odds are about as true as you can find. Will update this thread throughout the day.

Vote Romney

[ApricotSinner32]

Vote for oscar the grouch

[Bluehorseshoe]

I just voted for Virgil Goode.

[crustyme]

go all-in then and retire.

[LeahMichele]

I am for Obama and I think he will win, but even so -500 seems way too high, even at -400 I think Romney is + EV even though i think he will lose.

Just because the line is dropping, that doesnt mean he is going to win, it just means he has better than a 16% chance.

If I was a Romney supporter, I will be less ecstatic that he went from +600 to +400, and more concerned that he is still +400 on election day.

Anything can happen but a +400 is still a pretty big dog.

[hels]

Line has not been very volatile and has moved either way this early afternoon. Currently:

Romney 4/1
Obama 1.32/1

[hels]

Currently

Romney 3.85/1
Obama 1.35/1

[Let's Go Rangers]

The true line should be about 2-1 Obama


He is the incumbent, although on popular, he still is the incompetent

[d2bets]

In terms of pinnacle, it has simple bounced up and down between +300 to +350. Nothing significant either way today....yet.

[CallMeChip]

That's funny Intrade has a proven track record of calling elections and Romney took a nose dive today. And Intrade is in the 100's of millions, not 33 lol. Election is already over, Romney never had a chance.

[Cuse0323]

Obama has it in the bag really, but hopefully the young kids stayed home.

[5mike5]

i just hammered obama -320



rising again now

[Kindred]

Bush's contract was dropping all day election day in 2004...and he won

[Kindred]

That's funny Intrade has a proven track record of calling elections and Romney took a nose dive today. And Intrade is in the 100's of millions, not 33 lol. Election is already over, Romney never had a chance.

Their record on election day sucks..go look at 2004 election day. Kerry looked like a lock late in the day and he LOST

[hels]

So how much has been traded on InTrade? All I've done is given a true number which is now over 36 million.

Currently:

Romney 4.2/1
Obama 1.31/1

[d2bets]

Bush's contract was dropping all day election day in 2004...and he won

Actually what happened was Bush entered the day as a favorite but then plummeted only following the release of exit polls which seemed to favor Kerry. Exit polls haven't come out yet so no parallels could possibly be drawn yet. But I almost wouldn't be surprised if exit polls seem to favor Romney (ala Kerry in '04) only to find out those are wrong and Obama won. Maybe there's something about exit polls that understate the incumbent's vote.

[d2bets]

Their record on election day sucks..go look at 2004 election day. Kerry looked like a lock late in the day and he LOST

Again, that was only AFTER the release of exit polls. Until exit polls came out Bush was heavily favored (just as Obama is now).

[jflightwright]

Heres the update as of 4:25pm EST

[mikey207]

Grabbed Obama to win 100 at -335 at 5Dimes

[d2bets]

Fact is line movement has been eerily quiet so far today. Expect that all to change after 5pm est and then it should be active the rest of the night.

[hels]

Fact is line movement has been eerily quiet so far today. Expect that all to change after 5pm est and then it should be active the rest of the night.

From a value standpoint I think if you can get :

Romney 5/1 and/or;
Obama 1.5/1

One should definitely make a play.

[yisman]

This is the first election I've followed via the markets. It's interesting.

[5mike5]

This is the first election I've followed via the markets. It's interesting.

me too and i agree

very interesting

[tblues2005]

I agree things are going to change drastically after 6pm.

[Big Bear]

The problem is every black man who votes is going
to vote Obama bc they want a brotha in the white house
and there are also some white people who vote for him as
well.

If Democrats were smart they would make
sure they always have a black man running an they would never
lose.

Also the republicans need to find a guy with some personality
Romney comes across as a grumpy old man

[d2bets]

The problem is every black man who votes is going
to vote Obama bc they want a brotha in the white house
and there are also some white people who vote for him as
well.

If Democrats were smart they would make
sure they always have a black man running an they would never
lose.

Also the republicans need to find a guy with some personality
Romney comes across as a grumpy old man

How did Kerry and Clinton do among black voters?

[coop]

"Obama is going to have the lead until 6 oclock when all the Romney supporters get off of work"

seen that joke like 100 times today

[The Giant]

I just heard black people are out voting in record droves.

RIP Romney.

[5mike5]

OBAMA jumped to -370 (5d)

[nosniboR11]

I just heard black people are out voting in record droves.

RIP Romney.

your statement proves that blacks are the most racist idiots on the planet

and get ready for president romney

[5mike5]

-380 now

[Easy-Rider 66]

Like Romney at +295 to pull it off. Good value in what may be a razor close election.

[hels]

Line for Obama is now dropping

Rominator 4.7/1
Nobama 1.26/1

[Easy-Rider 66]

Romney now +315 at 5D.

[5mike5]

love it...got a steal -320 20 min ago