McCain leads in prediction markets

The Intrade prediction market now favors McCain for the first time. McCain is selling at 50.6 and Obama at 48.8. This means that speculators think it’s ever-so-slightly more likely that McCain will win than Obama.

(Via the Corner.)

UPDATE: McCain has opened up a bit of a gap now: 51.6 versus 46.7.

UPDATE: Now 51.8 versus 45.5.

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