Intrade market says Marco Rubio has a 25% chance to be GOP VP nominee in 2012

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Hat tip to Mike Allen for noticing how hot Marco Rubio is on the Intrade board, a market that allows investors to make predictions on the outcome of real-world events.

According to the Intrade market, Rubio has a 25% chance of being named the Republican Vice-Presidential nominee in 2012.

This is an incredibly high amount (so high, in my opinion, that it may not be a bad ideato “short” Rubio’s chances). But what’s interesting is that Allen believes Rubio has oneone of Intrade’s most inaccurate values. According to Allen, the “Real Rubio number is at least 70.”

Time to buy?

Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including,,, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.