Barack Obama to be Re-Elected as US President Chances at 58 Percent

Intrade.com, an online betting prediction market, has Barack Obama at just over 58 percent to be reelected as President of the US. 

Obama was listed as the -165 favorite to be reelected at Bookmaker.eu. 45 percent of those betting on the US Presidential election at Bookmaker were backing Barack Obama to be reelected.

A CBS/NYTimes poll on Thursday (July 19) indicated the race to be a close tie with the sluggish economy hurting Obama’s numbers.

- Gilbert Horowitz, Gambling911.com