“Obamacare” odds

March 19, 2010Jon Brooks Comments Off

On Intrade, a futures exchange in which people can place bets on whether specific events will occur or not, the wager titled “Will ‘Obamacare’ health care reform become law in the United States before midnight ET 30 Jun 2010″ is now priced at about 78.

That means the market for this bet has judged the likelihood of passage to be 78%.

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