GOP establishment thinks Mitt Romney will lose to Obama

[G-Unit]

Quote from AK Forty Seven:

+1.All of you posts are great I might add


You can bet on Obama winning on intrade but the odds are in Obamas favor . Currently you would have to risk 60 to make 40 betting on Obama

I noticed that on intrade but it seems like a stock share thing. Where he is at 60% favored so his stock is $6.00 and I suppose $10 is 100%? Not exactly sure how it works but could you explain it better if you've done it? Looks like a sure thing barring a catastrophe.

 

[AK Forty Seven]

Quote from G-Unit:

I noticed that on intrade but it seems like a stock share thing. Where he is at 60% favored so his stock is $6.00 and I suppose $10 is 100%? Not exactly sure how it works but could you explain it better if you've done it? Looks like a sure thing barring a catastrophe.

Currently Obama is at 60 %.


1 share would cost you 6 dollars.If Obama wins it closes at 10 dollars a share .You would get back 10 dollars,the 6 put at risk to make the bet and a 4 dollar profit.

If Obama loses you would lose the 6 dollars you put up to make the bet

I think it will pullback to 55 or maybe even 50 before the election thats when I getting in

 

[bigarrow]

Quote from AK Forty Seven:

" I have yet to meet anybody in the Republican establishment that worked for George W. Bush, that works in the Republican Congress, that worked for Ronald Reagan that thinks Mitt Romney's going to win the general election." -Joe Scarbourgh

Yeah but the ET genius's think Joe Scarbourgh is an idiot.