How soon before the Republicans are favourites?
The chart says it all – the steady decline in the Democratic party’s position in the betting on the 2012 White House race. The numbers are based on the implied probability expressed as a percentage from the latest Betfair prices. The chart itself automatically updates as prices change.
I like this market because it shows more how the betting sentiment is moving without naming the runners.
This week’s big developments – the GOP tv debate and the Obama statements – have heightened interest.