The Transatlantic betting gap grows even wider. Mitt 32.6 on Intrade but 22.2% on Betfair
The Intrade – Betfair gap gets much wider. Romney 32.6% on Intrade but 22.2% on the UK-based Betfair twitter.com/MSmithsonPB/st…
— Mike Smithson (@MSmithsonPB) November 2, 2012
A very common feature in the betting for next President is the huge gaps that we’ve seen between the markets like Intrade that have a lot of US customers and those, like Betfair, that don’t.
The Romney price on Intrade has been fairly stable today as the chart shows but his nose-dive on Betfair continues.
What’s happening? As we’ve seen from the polling there’s a lot of pro-Obama sentiment on this side of the Atlantic which might be having an impact.
If pressed I think Obama will do it but I’m not convinced enough to close down my position which gives me an equal amount whatever the outcome.
Mike Smithson
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