How bad was Mitt Romney’s acceptance speech? According to Intrade, the odds of Obama being reelected have increased from 55.7% before the speech to 56.8% after.
Bloomberg reported that, “The odds that President Barack Obama will be re-elected on Nov. 6 rose to 56.8 percent after the Republicans concluded their nominating convention, according to online prediction market Intrade. Obama’s odds, at 10:21 a.m. New York time, compared with a 43.3 percent chance for a victory by Republican nominee Mitt Romney, according to bets made at the Dublin-based bookmaker. Obama’s chances increased from 55.7 percent yesterday, while Romney’s dropped slightly from 43.4 percent.”