For a brief explanation, see http://soupytrumpet.com/2008/02/15/track-your-candidates…
IEM — 2008 Presidential Election Markets Quotes
Here we see that the market holds that Obama has a .79 chance of winning against Clinton, and McCain’s nomination is almost guaranteed with .93 chance.
Projection: McCain vs. Obama
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26 Feb 2008 MC Spanky McGee
