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NATE SILVER: Obama's Odds Of Winning Have Now Soared To 84%

Obama's odds of winning re-election have reached their highest level ever, according to New York Times polling guru Nate Silver.

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Betting markets Intrade and Betfair also show the President maintaining a solid lead.

These assessments come despite the continued release of some national polls that look good for Romney. The difference between the national polls and the betting markets, some polling experts say, is that the national polls focus on the popular vote, whereas Silver's odds focus on state-by-state polls aimed at determining the winner of the electoral college and, with it, the Presidency.

Nate Silver is so confident in his polling model, which averages hundreds of polls, that he publicly offered to bet MSNBC host Joe Scarborough who would win the election. Scarborough, who maintains that the election is a "toss-up," has not accepted the challenge.

Let's go to the data...

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First, Nate Silver now gives Obama 84% chance of reelection. That's up from a post-first-debate low of ~60% three weeks ago, and it's higher than the 80% previous all-time peak Obama hit just before the first debate.

Nate Silver Obama Odds

 

On Intrade, meanwhile, Obama's odds are now at 66%, holding above a range in the low 60s where they have been for most of the past month.

Intrade election odds
 

Intrade election odds

 

And, on Betfair, Obama's odds are holding above 75%.

Betfair election odds

In short, in everything but some of the national polls, Obama has a strong lead heading into the last few days of the race. And he has extended it considerably over the past few weeks.

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SEE ALSO: Nate Silver Is So Sick Of Hearing Meaningless Pundit Blather That He Just Made A Bet With Joe Scarborough About The Election

Barack Obama
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