7.20.2012

The Smart Money and the Odds on Romney's Potential Running Mates

Its back to Intrade, one of our favorite sites, for a quick Friday Fun Day post. Here, we take a look at what the smart money is saying about the Republican Vice Presidential situation.

On one hand, if punters on Intrade are right about the odds for the election this fall, Mitt Romney is already sunk and his choice of running mate won't much matter. However, on the other hand, a solid VP nod could certainly gain Romney some momentum heading into debate season, and at that point almost anything is possible. Therefore, Romney's choice of VP could be critical to his chances of going a few steps further than his father ever did toward leading the free world.

Who will he pick? According to recent betting on Intrade, the most likely candidates at this point are Rob Portman and Tim Pawlenty with names like Marco Rubio, Bobby Jindal, Condoleezza Rice, John Thune and Paul Ryan representing the dark horse candidates. However it remains a wide open affair, and any one report on CNN or Drudge can shift the odds fairly rapidly.

So who do you think it will be? Please visit our weekly poll to the left of the page to weigh in. For clarity, let's stick to who you think it will be, not who you think it should be or wish it would be. Finally, lest readers think this poll is too partisan, I would point out that the odds for Joe Biden to serve as at least running mate for another go 'round are up at 93% on Intrade. It just isn't as interesting to discuss his fate, even if Hillary supporters seem (want) to believe it is less than a settled situation...

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