Tuesday, November 4, 2008

Election Day

If you haven't voted already, this would be the time to go do it. Even if you're in a state that's not likely to swing the presidential race, there are a lot of important Senate and House races, not to mention local ballot issues, which may have a more direct effect on your daily life than the presidential race ever will.

A quick last round of predictions from various sites:

  • Electoral Vote is predicting 353 electoral votes for Obama, 174 for McCain, with 11 tossups. Their predicted Senate is 58 Democrats, 42 Republicans, and their predicted House is 249-184 with 2 tossups.
  • FiveThirtyEight.com, a new site for this election, is predicting 346.5 for Obama, 191.5 for McCain. They're predicting a 98.1% chance of an Obama win. For the Senate, they have 57.1-40.9.
  • Intrade, a political prediction market, will have trading open all day. But as I write this, they're predicting 364 electoral votes for Obama, 174 for McCain. 10 shares of Obama-to-win are selling for $93.50, up $2.20 from yesterday, and 10 shares of McCain-to-win are selling for $7.40, down $1.80. (Shares in the winner will pay out $10 per share, so people investing in McCain stand to make a considerable return if he wins.)

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