Prediction Market Bets On Biden For VP

***CHECK BACK HERE FOR UPDATES ON HOW THE VP CANDIDATES ARE DOING IN THE INTRADE MARKET***

UPDATE: As of 8:33pm, Biden has regained a large lead among traders. His stock has shot up to 89.8, and Evan Bayh has now fallen 4.0, after dramatically rising on reports that a manufacturer of political literature was creating Obama-Bayh bumper stickers. The market is squarely behind Biden.

With Barack Obama's choice for a running mate imminent, the popular consensus -- both in the chattering and betting man's class -- has swung drastically towards Sen. Joseph Biden.

As of 9:00 a.m. Friday morning, Intrade, a political trading market, was selling the Democrat from Delaware at 55.0 a share, meaning that a majority of betters believe that he will end up as the vice president. The Senator has shot up on the market in recent days closing more than 13 points higher than his last price. A few days ago, however, he was selling at 49 a share. Check back as the numbers update throughout the day.

As for the other Democrats in the running for Obama's VP slot, the website has Sen. Even Bayh at a scant 12.5 per share (down significantly from his last price) and Governor Tim Kaine at 13.0 a share. General Wesley Clark, loved by the netroots but a longshot for the spot, is prices at 10.1

Intrade has its adherents and its detractors among political observers. The site correctly predicted every Senate race in 2006, but was incorrect when it came to anticipating a Democratic majority. But its prognostic capacity is based on conventional wisdom, making it often reactionary to the public mood. As noted by The Politico's Ben Smith, during the Democratic primary, Intrade had Barack Obama beating Hillary Clinton only after he had won the Iowa primary.

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Read Joe Biden's blogs on the Huffington Post.

Comments

[DAMARCUSMOM2005]

http://www.mediatakeout.com/2008/26330-explosive_pics_vp_candidate_palins_daughter_is_wilder_than_britney__pics_of_her_and_her_girls_getting_drunk_and_kissing_each_other.html
SARAH YOUR DAUGHTER IS DRINKING AT 16 WHERE HAVE YOU BEEN?

[walley2]

What a Mother

[colonel]

Forgive me, but Senator Biden has always seemed to be a lightweight. I have noticed that he does well in the first few minutes of an interview when he can recite his memorized points. He begins to falter and fluster, however, when he has to extemporize on the hard issues.

[bas1311]

Biden as a lightweight is just silly. He's incredibly knowledgable. Ever seen him on Meet The Press? He's great on those shows. I was for Clinton and I still think she would have been a better choice, but Biden was a solid 2nd choice in my opinion.

[FebM]

Let the Dems now take it home big time. Its not Obamas problem of the Dems party that they are so enthused, Its McCains pains there is no excitement in his camp. Why are the dems becoming defensive and apologetic?

He is our self made community organizer, state senator, constitutional law prof, civil rights attorney, author, US senator, dem presidential nominee celebrity!
Oh did I say he can body surf in the high seas too?

[MrPragmatic]

Keep dreaming. It looks more and more like folks woud rather vote for W for a third term than elect BO. Laughing here. Too bad, HRC would have been the best prez ever if only the democratic party would not have been taken over by a bunch of radicals.

[Savannahlady]

If CNN is correct and the choice is Biden, it's really too bad. White males running the Democratic party don't get it. Biden is just more of the same -- what women are sick of -- people running the country who are not solving the problems of families. Biden has had YEARS to make an impact, and has not.
Obama ahould have gone with Hillary. People can not connect with Obama, particularly women. The moderate white male is going to stay with McCain -- you're not going to romance them to vote for Obama. Therefore, the Dems HAD to hold onto the female vote, which they are losing. What a disasterous miscalculation..

[preatorius]

Apparently you mean white women. You obviously don't get the fact that there are millions of women in the U.S., who are not WHITE!

By the way Hillary Clinton's campaign was filled with one disasterous miscalculation after another. She ignored signs, and ended her campaign $20 million in debt! What would she do to the country?

Clinton couldn't even mange her husband's mouth, and like Palin, is under investigation.

Biden has great experience. I was very sorry to see him drop out of the race.

Hillary is a politician. Biden is a man, who works in politics!

[MrPragmatic]

Maybe BO is like Paris and Brit? I mean after all, waiting for a text message from your BFF is so PAris and Britney. OK folks, it is a little weird waiting for a text message from a presidential candidate. He is playing right into the belief that he is too cute by half and a spoiled celeb.

[pattruedem]

Obama willl not go on any Fox shows because they lied and disrespected his wife. They all beg him to come on even Greta. They are all very p!$$ed that he won't. Good for him. No Democrate should ever appear on Fox.

People need to get over the Hilary stuff she has come out tonight and flat out said she is not picked.

[MrPragmatic]

No Hill=No vote for Bo. This whole VP drama by BO has turned off many voters--wait for a text message? Please. Way to go dems...and Joe Biden as veep? Is that to try and get the white haired cranky old man vote?

[Agent420]

You are what we call a "dipshit"

[pupbayer]

Yeah, yeah, yeah. He said that before and ended up going on Fox in April. Same old, same old.

[gotalife]

All day drama for Obama.

Drama Queen.

Diva.

[gladys46]

Why would you call Obama a "Drama 'Queen'" ??? Obama is a well strung, carved greeklike KING!! A real man ... a man man!!

But you wouldn't know the difference ... how long have you been looking for Ms. Goodbar??

[joe973]

Relax glad....don't be so protective your man O will do just fine and in the meantime check out my reply to your earlier post....

[pupbayer]

Because he IS a drama queen? Everything is does is about drama.

[rosal]

I am going tr0// hunti ng. I don't know where they went and I need a good laugh

[theMightyT]

such a refreshing change to see a campaign run so professionally and effectively.

No wonder the rethugs are panicking. If the 0bama campaign can get them so worked up just by sticking to their announcement plan, imagine the reaction when they REALLY start campaigning post-convention. Field offices in every state... millions of new voters... millions of donors... it's going to be no contest.

A masterful campaign strategy - obviously they studied the last 2 election cycles and learned their lessons well.

Those old white dudes will never know what hit them.

[gladys46]

Are you so correct!!! Some have words at the tips of their tongues ... "who the f%ck does HE think HE is"!!? It's just so clear & so apparent!!

[LookingGlass]

It's going to be bomb, bomb, cluster bomb Wesley Clark. A NeoLiberal, like Obama, favorite.

[rosal]

Except for this low grade tr0// I think they all left

[gladys46]

Now they know what "trajectory" really means ... O has been the best at this thing call political campaigning ... LMAO, at how personally insulted some pundits are getting ... Paul Bagalla (ck sp.) just said .... O didn't even ask Bill or Hill who could help him most ! This is too funny!

Maybe they'll cease the foolishness of O not being experienced ... ya think ... seems they're so used to leaks and being able to say stuff such as, a source close to, or I have it from a top, senior adviser!?

It's Change We Can Believe In!!!

[joe973]

Obama has a hard time simply connecting that's why he needs Hillary! The drilling issue was for instance a missed opportunity, the issue is a pure lie by itself even the bush folks admit that it will only have a slight impact 10 years down the road. But this is a big issue for most americans, because it impacts everyone's pocket book. The campaign should have laid down the facts with a huge ad campaign debunking the gimmick in simple terms! they do nothing and when it's time to attack big oil why do they choose the term "windfall profits" most won't understand why don't they go for "we're going to tax big oil and give you back some cash" hmmm yep better.... He needs to be in touch with some people by speaking their language meaning telling story about Americans and their struggles! Bill Clinton and Edwards were expert at it, that's how u connect and if u want a concrete example just watch the Olympics and see how they build emotions by spelling Athlete's live.My point is Hillary knows how to do it, he simply doesn't and again I am no Hillary fan and don't like the way she ran her campaign...but the smart money will push the ego and passion to the side and go for the win.....we liberals are unfortunately too sensitive but it's simply a no no in politics....

[gladys46]

Obama "needs" you to vote ... while he performs one of the most outstanding campaigns in modern history!! Yep "modern history" .... !!

[joe973]

Whey you have 20-30% who would not vote for Obama because of the color of his skin (based on polls laid out by nbc yesterday) hmmm where he your modern history? I live in pragmatic history!

[ann1]

Joey you're just used to politicians lying to you and telling you what they think you want to hear. Sure what Edwards and Clinton mastered was the art of manipulation. Had they not been such con artist, they wouldn't have gotten busted Monica and Reiull or whatever her name is. It was all an act. Lighten up and be glad that we've got a noninee who's willing to be honest and not one who's playing on your sympathy.

[joe973]

Hey Ann, I totally agree with you! but it seems like you have an idealistic point of view. We can only reach your conclusion once we invest enormously in educaction and by that I mean emphasizing critical thinking, but as of today that's not the case and you have to play with the cards that the political landscape gives you, therefore the idea is to win, then make the changes needed like INVESTING IN EDUCATION......I am simply being pragmatic!

[macbabe]

campaign HQ just announced the text message will go out tomorrow morning

[BabsfromKansas]

12:05 am?
1:05 am?
2:05 am?

[chitown8]

3 am CST

[gladys46]

LMAO!!!

[Nochnoi]

Uh huh..... as I thought they would.... probably a second before the candidate walks out on stage.... He did the same thing to us when he announced he was going to run.... It wasn't until he announced the big rally in Springfield did we know when he was going to announce....

I must say though... I loved the MSM saying all day... "any minute now" frothing at the mouth for any info.... LOL!

[TiffanyHusseinBanned]

Does Hannity think he is fooling anyone with this "I Hate Obama" show?

The guy has it really bad and that aint good. He is the girl begging for the most popular guy to pay some attention to her.

I remember the cartoon "Hey Arnold!" a girl named Helga loved Arnold, but pretended to hate him in front of everyone.

[theMightyT]

i think hannity has a secret man-crush on 0bama.

[TiffanyHusseinBanned]

Secret? Pahlease Stevie Wonder could identify that.

[rosal]

If McNinehouses chooses Romney, can you imagine being interviewed by Hanny? Two "guys" with impecable hair, make up and very delicate manners. Probably fighting for the camera attention.

[TiffanyHusseinBanned]

Sean is gayer. He is as obvious as Carson from Q_ueer Eye.

[kay]

Obama was great when he say through the ridiculous FOX interrogation on Wright.

I was amused. He began it as a normal interchange between The Candidate and The Press. You know. Friendly but wary. How they all are. About 30 seconds into it he decided they were clowns. His whole demeanor changed. He sounded like someone at a deposition. One and two word answers. Impassive face.

It was one of the most disrespectful interviews I've ever seen. FOX treated it like they were blowhard bosses dressing down a low-level employee.

Conservatives may not like it, but Obama's a US Senator. I've never seen any elected official treated with such disdain and disrespect.

[gladys46]

200 thousand Berliners showed more respect than our own countrymen/women ... whether one votes for O or not ... yes, he is a United States Senator, I am ashamed of many americans at this point in "my" life ... what happened to that pull yourself up by your bootstrap thing!!??

There is cancer in full stages in america!!

[chitown8]

I remember that show. And it makes sense. That might be why Rush cigar is getting longer and more brown.


I know flagged!

[Clenbuterol]

I guess one could understand that with his questionable persona and dismal poll ratings that this decision on a running mate would be so important.

[VolvoBirkenstock]

That is why it is taking McMarriedWell until the 29th to decide.

Has to run it by his sugarmama, Cindy McMotherTeresa, too.

[BabsfromKansas]

I thought they kept everything secret from each other.

[BabsfromKansas]

"C lenbuterol or Clen and is used by body builders and ste roid users to help d rop bo dy f at."

[rosal]

I am asking you again, is your moniker something you drink every day? You should stop maybe its what is creating your condition

[nonconformist2]

Stock up on Kleenex, s.tumpy, because you'll need it on November 4th.

[gladys46]

Obama teaches pundits another lesson ... who's in charge of Obama's campaign ... Obama is!! I'm just too impressed at the discipline not seen by most for a long time!!! A.Mitchell, C.Matthews, W.Blitzer even L.King ... all flustered, they have nothing to pick apart but their same old same spins! None of them have their exclusive!

Hilarious!!

[ann1]

It's a beautiful thing to behold!

[chitown8]

Pay back for the Ayers, Rev Wright and Resko