Those who believe that the Olympics will turn Chicago into the land of milk and honey (I’m not one of them) got a shot of good news today when Chicago’s inside man (Barack) decided to personally promote our bid for the 2016 games. Apparently, the news was not good enough since the Intrade contract on Chicago’s chances didn’t really seem to be affected all that much.
As you can see the contract has been trending up over the last year and a half and is currently predicting about a 63% chance of Chicago winning the games. However, with this morning’s announcement I would have thought for sure our odds would have gone up but they didn’t. Perhaps it’s a non-factor or it was already priced into the contract.
At any rate, if you want to place your bets one way or the other you can do so at www.intrade.com.