Betfair George Bush – UPDATED 8am BST Thursday
With the two daily tracking polls showing further movement to Kerry there’s been a big push on the betting markets in his direction. The TIPP daily survey has moved from a 6% Bush lead to a 4% one while Zogby’s tracking number has moved from a 3% Bush lead to a margin of just one point.
The chart above shows how the £3m Betfair betting exchange market has moved and the trend is firmly in the challenger’s direction. It’s the same picture on the Iowa political futures exchange which now has it Kerry 46.3 to Bush 52.7 . On the Tradesports exchange it is Bush 53 Kerrry 47
The best UK prices are now 6/5 on Kerry and 4/6 on Bush.
The William Hill market on both men getting 269 electoral votes each has seen quite a lot of activity and the price has moved in from 20/1 to 16/1.