Tuesday, November 6, 2012

Confident Predictions of an Obama Victory

At 1:45 AM EST, the wags give Obama between an 11 to 1 or 2 to 1 advantage to win when the votes are counted later today. I'd take the 11 to 1 shot for Romney, that's a good bet, even if he loses.

I've always thought that if Romney had a chance to win this election, he would. It should be remembered that not all roads to victory lead through Ohio. On the other hand, I've never seen the Democrats I know more motivated.

Candidate Obama Obama Romney Obama Romney Obama Romney
Result Odds Electors Electors U.S. U.S. Ohio Ohio
RCP   303 235 48.8% 48.1% 50.0% 47.1%
NYT 538 92.0% 315.2 223 50.9% 48.2% 51.4% 47.6%
Intrade 67.9% 290 249 50.5% 49.5% ^ v
Betfair 78.4%            
HuffPo   271 191 48.1% 46.7% 49.2% 45.8%
Politico   303 235 48.0% 48.0% 50.0% 47.1%
Gallup       49.0% 50.0%    
Rasmussen       48.0% 49.0% 49.0% 49.0%
CNN       49.0% 49.0%    
ABC/WaPo       50.0% 47.0%    
NBC/WSJ       48.0% 47.0% 51.0% 45.0%
Pew       50.0% 47.0%    
Actual   332 206 50.6% 47.9% 50.1% 48.2%

You might ask, why not forget the polls and just vote? Well, there is a certain category of fair-weather voter who likes to vote for the winner. There is another category of voter who likes to vote for the underdog, but by definition that is a smaller category. That means in a very close election "I'm going to win" is how you get those last swing voters.

In the perfect campaign, the candidate would collect both the underdog vote and the fair-weather vote, by targeted messaging of "I'm going to lose" and "I'm going to win." Could it be that the Obama campaign is just that smart?

Update: Now that we have the "official" results from Florida, it would appear that the predictions of an Obama victory weren't confident enough.

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