As of today’s Intrade close, 2012 U.S. Presidential Election incumbent and democratic candidate Barack Obama holds a 62.3% chance to win. His opponent Mitt Romney, the republican contender, holds a 37.6% chance to win.

Romney had an absurd rally last week, gaining 13.9% on Obama. This week, Romney’s odds increase by another 0.7%, while Obama’s odds decreased by 1.2%.

 

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