Obama now favourite on Intrade
There’s been quite a lot of activity on the US election this morning and the main development has been a switch of favourites for the Democratic nomination on Intrade – the Irish based exchange which is focused very much on the US market. Intrade’s prices are presented on a scale of 0-100. At 1420 the last trades on the market were Obama 51 and Clinton 48. In the UK the Betfair price has tightened considerably on Obama and has eased…