At the betting market Intrade, Texas Gov. Rick Perry has overtaken Mitt Romney and is now considered the most likely person to win the Republican presidential contest. Mr. Perry is given a 35 percent chance of claiming the nomination as compared to Mr. Romney at 29 percent; Michelle Bachmann is a distant third place and assigned a 9 percent chance of winning.Are the bettors being sensible or getting ahead of themselves? Although this is all fun and games as compared to the debt ceiling debate, a quick overview of the state of play is in order.
Source: http://www.realclearpolitics.com/2011/07/27/romney_amp_perry_dual_gop_front-runners_260209.html
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