I noticed that David Hunt of the Florida Times Union was looking to get down on some betting action about whether Charlie Crist would run as an Independent or not. Hunt couldn’t find any odds comin’ out of Vegas although I would probably put it as a 3-to-5 likelihood that Crist will run as an Independent/No Party Affiliation, meaning you’d only get paid sixty cents for every dollar you bet (if Crist was a horse you’d bet that he was running as an Independent and “key” it over a bunch of other bets and that’s how you win a quinella) .
In the meantime, take a look at this graph:
That is not value of Lehman Brothers post-September 15, 2008, that is track on Intrade contracts valuing the likelihood of Charlie Crist winning the GOP nomination for the 2010 Florida Senate Race.
At their peak, “shares” of Charlie Crist’s prospects were trading at $59. Today’s those same shares closed at just under $5.