Tags: Futures | Market | Picks | Obam

Futures Market Picks Obama To Win in NH

Friday, 04 Jan 2008 12:13 PM

By Newsmax Staff

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

Following Barack Obama’s win in the Iowa caucuses, a leading “futures market” is predicting that he will also triumph in the New Hampshire primary.

RasmussenMarkets.com and similar futures markets allow individuals to place their bets on shares that represent various Republican and Democratic candidates. As participants buy and sell stock in the candidates, the sites offers them the opportunity to make or lose small amounts of money. The goal for the traders is to back the right candidate for his or her party's nomination, and earn money on the investment.

The most recent figures posted by Rasmussen, a polling company, on who will win the New Hampshire primary showed shares of Obama were worth 69 cents, and shares of Hillary Clinton stood at 44 cents. John Edwards’s shares were worth just 2 cents.

Before the Iowa caucuses, a futures market conducted by the University of Iowa had Hillary the likely Democratic nominee, with her shares selling for 63.3 cents compared to Obama’s 24.4 cents.

In the Rasmussen market, John McCain’s shares were tops at 70 cents, with Mitt Romney second at 24.4 cents and Mike Huckabee at just 5.6 cents. Rudy Giuliani’s shares are selling for 1.7 cents.

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Mali's Islamists Withdraw Cease-Fire Pledge

Friday, 04 Jan 2013 13:06 PM

Tens of thousands of Fatah supporters rallied in the Hamas stronghold of Gaza on Friday for the first time since they we . . .

Fmr. CIA Director Hayden: Iran Nuclear Crisis Gets 'Scarier'

Tuesday, 17 Jul 2012 18:11 PM

 . . .

Join Fmr. CIA Director for Special Iran Briefing, Assess the Danger

Friday, 13 Jul 2012 12:27 PM

 . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved