Obama Wavering Around 70 Percent, Dipping Slightly On InTrade As Polls Begin To Close

As the polls begin to close tonight, InTrade bets on President Obama‘s reelection are wavering around and sporadically dipping below 70 percent. Whereas the president was more comfortably at 71.5 percent this morning, Obama has had a noticeable dip in the past twelve hours.

RELATED: InTrade Strongly Leans Towards Obama Winning Re-Election And Several Key Swing States

Obama’s lowest InTrade dip in recent weeks briefly followed the third and final presidential debate, but his chances have mostly gone up in the past few weeks. As of typing this post, Obama is currently hovering between 69 and 70 percent on InTrade.

InTrade, meanwhile, has been under some pressure considering how much Obama is leading on their site right now. The exchange operations manager for their prediction market told POLITICO that he feels some pressure to “make sure the actual results square with his website’s numbers.”

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Follow Josh Feldman on Twitter: @feldmaniac

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