Obama now favourite on the Iowa Electronic Exchange
US punters rate his chances for the nomination at nearly 44% With the massive clamp-down by the US authorities against gambling online the Iowa Electronic markets are taking on a greater importance as a way of seeing how American gamblers are viewing the 2008 White House Race. This is a stock exchange that trades in “political futures” and has been operated by the state university for the past fifteen as a means of studying how markets operate. It is now…