At Hubdub we have many markets covering all the nuisances of the potential event. We have a market asking which bible verse his bible will be opened to:

Presidential Inauguration: What verse will Barack Obama’s Bible be open to?

We are also curious if Barack Obama will use his middle name while taking the oath of office, most Hubdubbers feel he will:

Will Barack Obama use his middle name when taking the oath of office?

One of my personal favorite markets is asking about the infamous “Yes We Can” line that began in New Hampshire, swept the country with the video by Will I AM, and was chanted at the acceptance speech on election night. Currently more than half of the Hubdubbers feel he won’t use the line at all, but I think he will, it fits his style, the American people want to be told that “Yes We Can”:

Presidential Inauguration: How many times will President Obama use the phrase “Yes We Can”?

For those of you who are going to be in the crowd during this day, we have a market right up your alley, the National Weather Service measures the temperature on Inaugural Day and we have a market asking what our Hubdubbers feel it will be, you better hope they got a good bead on this one, they are calling for a very comfortable 35degrees:

Presidential Inauguration: What will be the temperature at noon as recorded by NWS?

Another market more tuned into those of you who will be braving the weather, while the rest of us watch from the comfort of our homes or offices, is this market asking How Many Words Long will the Inauguration Speech be, again here at Hubdub we seem to feel that President Obama will carry on for more than 2250 words:

Presidential Inauguration: How many words long will President Obama’s address be?

and for those of you were were wondering here are the shortest and longest speeches - George Washington’s second address was the shortest (135 words) and William Henry Harrison delivered the longest (8,495 words).
And before we let you go, we would like to ask those in attendance to help us out if at all possible. If you see someone throw a donut at Rick Warren please notify the category editor right away so we may settle this market:

Will Mega Church leader Rick Warren have a donut thrown at him before or on Inauguration Day?

and finally if you see Tom Hanks at the Inauguration and you give him your seat, you will be helping settle a very fun but silly market:

Will Tom Hanks be given a seat at Barack Obama’s inauguration?

In a note of seriousness, please be safe, have a great time, and take alot of pictures. You may send all the pictures directly to me at destry@hubdub.com and I will share them on Picasa for everyone to see. Have a great time, enjoy your moment of history, and remember this “Now is the time to reclaim the American dream and reaffirm that fundamental truth, that, out of many, we are one; that while we breathe, we hope. And where we are met with cynicism and doubts and those who tell us that we can’t, we will respond with that timeless creed that sums up the spirit of a people: Yes, we can.”

Popularity: 14% [?]

Hubdub’s Hot Predictions this week, as decided by Hubdub users and staff, are selected based on their newsworthiness for the week. These stories are bound to be big news this week - and we have forecasts on how they’re likely to turn out.

The Blagojevich Problem

Illinois Gov. Rod Blagojevich got himself into a little trouble last week after trying to sell Barack Obama’s Senate seat. Almost everyone is calling for Blagojevich’s head on a plate, but the defiant and quite corrupt Governor is standing his ground. Hubdub gives Blagojevich resigning a over 70% chance, we also forecast resignation by December 21st.

Will Gov. Rod Blagojevich resign?

Rod Blagojevich missed his shot at naming Obama’s Senate successor. So who or what will decide who’s filling Obama’s vacant seat? By 49% Hubdub forecasts Illinois will call a special election.

Who will name Obama’s replacement?

Business

The big three Detroit auto makers failed to get a bailout fund from the Congress last week, but what should happen to those who were at the reins of the big three? General Motors CEO Richard Wagoner, seems the first likely target, especially when Congress is suggesting he get the boot. According to Hubdub though Wagoner only has a 31% chance of removal.

Will GM CEO Richard Wagoner step down or be fired before the end of 2008?

The Box Office

Kenau Reeves did quite good in the box office last weekend. Although this weekend three new movies premier, including Will Smith’s drama, Seven Pounds. For now Hubdub thinks Seven Pounds will be in the top spot this weekend, with Jim Carrey’s Yes Man only having a 33% chance of raking in the most cash.

What will be the #1 film this weekend?

The NFL

On December 21st the Panthers play the Giants. As the season ends both teams are hoping for a good showing. With home field advantage the Giants are the current favorites. What’s better is this market, dubbed ‘IN PLAY’ won’t be suspended during most of the game, so users can forecast who’ll win while the games on!

NFL - (IN PLAY) - Carolina Panthers @ NY Giants. Who will win on Dec 21st?

Trading percentages given are at time of posting and may not match up with markets after the fact due to Hubdub users forecasting on said markets.

Popularity: 11% [?]

Hubdub’s Hot Predictions this week, as decided by Hubdub users and staff, are selected based on their newsworthiness for the week. These stories are bound to be big news this week - and we have forecasts on how they’re likely to turn out.

The Auto Bailout

America’s automotive producers have found themselves in a sticky situation these past weeks, and for the past months America’s banking giants haven’t been breezing along just fine either. With the possibility of a auto bailout looming, which failed giant will get better quicker, AIG or GM? Hubdub forecasts by over 55% it’s GM.

Which stock will rise the most in the month of December, AIG or GM?

The automotive industry kind of screwed up big time. Never fear though, the American taxpayers are happy to pick up the slack, or are they? This week the House is supposed to vote on a automotive industry bailout and by large enough margins Hubdub is predicting the bill will be passed with at least 218 to 290 votes.

Congress - How many “Yes” votes will be cast in the House for the Big 3 auto bailout?

Hubdub

There’s nothing like winning a Mashable Open Web Award to bring in the Holiday season! This year it seems Santa’s got his eyes on Hubdub. Mashable nominated an Open Web Award in Social News for Hubdub and we’re steam rolling through the competition. Currently Hubdub is trading above a 65% chance of winning the award, and for a Hubdubber those are damn good odds.

Who will win Mashable’s Open Web Award for Social News?

Sport

The Heisman Trophy is due to be awarded this Saturday. Sam Bradford a QB for Oklahoma seems to be the favourite. Hubdub gives him an over 65% chance of winning. That said ESPN may have shown some weakness to Sam’s main rival Colt McCoy who’s trading at 14%.

NCAAF - Who will win this year’s Heisman Trophy?

This Weekends Box Office

Can some tell me why all the evil disasters that befall Earth seem to always be centred around New York City? First you had Godzilla who made the move from Japan to New York in 1998 and now we have The Day The Earth Stood Still. No fear though Keanu Reeves should be able to clear this whole mess up and get tons of money in the process. How much money? Hubdub forecasts 40 to 50 Million on opening weekend.

US Box Office: How Much Will The Day The Earth Stood Still Make in its Opening Weekend?

Trading percentages given are at time of posting and may not match up with markets after the fact due to Hubdub users forecasting on said markets.  

Popularity: 12% [?]

The election might be over, but for the politics geeks out there the fun is nowhere near done! Everyone seems to be talking about who’ll be in Obama’s cabinet, but if you’re looking for the real numbers breakdown based on the wisdom of the crowds, look no further. We’ve already correctly predicted Rahm Emanuel as Obama’s Chief of Staff!

Secretary of State: Initially many suspected John Kerry, in recent days though his stock dropped significantly (less than 20% chance now), even being overtaken by Bill Richardson at one point. Hubdub forecasts though that Obama won’t pick either Richardson or Kerry instead he’ll look for someone else, not currently known.

Who will be Obama’s Secretary of State?

Secretary of Defense: Along with others, Hubdubbers see Robert Gates, the current SecDef to be continuing his role after Bush leaves. Gate’s price is over 50% which is a good indicator, and his closest competitor is Chuck Hagel at just 16%.

Who will be President Obama’s Secretary of Defense?

Attorney General: Janet Napolitano is the front runner for Attorney General. Some rumors from the beltway even point to Napolitano being quite happy with the possibility.

Who will be President Obama’s Attorney General?

Energy Secretary: For all the Schwarzenegger fans out there I’m sorry to say, but it’s unlikely we’ll get Arnie in the cabinet to ‘terminate’ global warming. However I’ll admit it’d be awesome!

Will Arnold Schwarzenegger be President Obama’s Energy Secretary?

Treasury Secretary: Although suggestions of either Paulson staying on or Obama adviser, friend and billionaire Warren Bufftet taking Paulson’s place were intriguing, Hubdub is forecasting Federal Reserve Bank of New York President Timothy Geithner will take the spot.

Who will be the selection of a new Treasury secretary under President Obama?

Other Notable Picks According to Hubdub Markets:

• Al Gore is unlikely to be included in a formal role in the Obama administration.
• Gregory Craig has over a 50% chance of being Obama’s National Security Adviser.
• The new Obama cabinet will only have two or three Republicans in it
• Neither Colin Powell or Linda Darling-Hammond are likely candidates for Secretary of Education.

To get the most up to date forecasts on likely picks for Obama’s cabinet check out our new RSS Feeds here.

Popularity: 15% [?]

Hubdub’s Hot Predictions this week, as decided by Hubdub users and staff, are selected based on their newsworthiness for the week. These stories are bound to be big news this week - and we have forecasts on how they’re likely to turn out.

2008 Election Over?

Some are saying it’s already over and packing their bags, but is it? McCain has many obstacles to surmount in the next week, but John has comeback from the dead before. Endorsements from party faithfuls like Colin Powell don’t help though. Currently Hubdub forecasts McCain has less than a 15% chance of winning.

Who will win the 2008 US Presidential Election?

Pundits are saying November 4th is shaping up to be a landslide win for Obama. This election could still get very, very tight though, and in the end it’s all about the electoral votes. For now Hubdub users disagree with pundits and predict a narrow election by just 45 Electoral Votes or less.

ELECTION 2008: What will be the ELECTORAL MARGIN between Obama and McCain?

North Carolina’s known for being a staunch GOP state. In the Dem. primaries Obama won the state, but for the summer McCain was in the lead by double digits. As the economy nears the edge of recession though it seems North Carolina may switch sides. Even now by over 60% Hubdub forecasts Obama grabs the state.

Who will win North Carolina in the 2008 Presidential Election?

Barack Obama has purchased 30 minutes of primetime TV on October 29th to address the nation. This will be Obama’s last chance to ’seal the deal.’ But how many people will be watching? Hubdub users think 50 million or more.

How many people will watch Barack Obama’s primetime address on 10/29?

Odd Stuff

Some might think Rock, Paper, Scissors is just a kids game but this stuff is hardcore! There’s even a World Championship in Toronto on the 25th. As to what will be the winning play rock, paper or scissors even Hubdub’s unsure just yet.

Rock Paper Scissors-What will be the winning final “throw” @ 2008 Int’l Championships?

Sports

It’s World Series time, and although the elections and economy might be getting the most attention, sports fans are going crazy. This year we have the Philadelphia Phillies facing off against the Tampa Bay Rays. By tight margins Hubdub users are forecasting a win by the Rays, but the Phillies aren’t pushovers. Good luck to both teams!

MLB World Series - Philadelphia Phillies vs Tampa Bay Rays - Series Outcome?

World News

Thailand’s in the midst of a political crisis right now. The first two prime ministers have gone rather quickly and now just a month into the job the thirds tenure is looking shaky. Hubdubbers predict the third prime minister, Somchai Wongsawat is gone by November.

When will Thai PM Somchai Wongsawat resign?

The Internet

Reddit is one of the most well known social media sites on the web, although we at Hubdub like to think we’re pretty popular too. In September Reddit brought in 3,300,327 unique visitors. Can they top that result by getting over 5 million unique hits before 2009? Less than 30% of Hubdubbers say yes.

Will Reddit.com reach 5 million Unique Visitors - Monthly in 2008?

Financial Meltdown

We’ve been through turbulent times these last weeks. The markets have gone up and up and then teetered off a cliff into a pack of ravenous wolves. Are we through the worst of it? Will we have anymore big swings in the Dow during October? Hubdub says don’t hold your breath it ain’t over yet!

How many 500+ point swings will the Dow have remaining in October?

Everyone likes to think that American money is American money. We’re in a interdependent world though, where one thing effects another. We’re also a country in tons of debt, who has all of our debt? Japan, but China’s catching up. By March 2009 Hubdubbers still forecast Japan holds the most American debt.

Who will hold most of the U.S debt? (March 2009)

Popularity: 21% [?]

A prediction market is a market where users trade on the outcomes of future events. One of the side benefits of the market is that it produces highly accurate forecasts that have been proven to be better than the polls.

Since the two party candidates were selected, Hubdub has had a market on who will be the eventual winner of the 2008 Presidential Election. Over the past couple of months we’ve noticed an interesting correlation between the McCain’s price (which is his % likelihood of being elected) and the S&P500:

As I write this the S&P 500 has dropped 42% from its historic high and is trading at 907.84. McCain’s likelihood of being the next president is currently trading at 14%. Voters have made it clear they have more faith in Obama in handling the economy and unless there is a dramatic and unprecedented economic improvement, November 4th will be the closing bell on McCain’s presidential ambitions.

Popularity: 9% [?]

Since being announced as the Vice Presidential candidate for John McCain one week ago, Sarah Palin has left an indelible impression on the market and the presidential election. On the morning of the August 29, just before McCain announced his VP, his chances of becoming the next president were sitting at 33%, with Obama clearly the favourite at 62%. By the end of the day of the announcement of Palin’s appointment, the heat was on this market with McCain’s numbers rising to 35% but matched by Obama’s rise to 64%.

When rumors that the Palins’ fifth child, Trig, was potentially Palin’s grandchild and the subsequent explosive revelation that 17 year old Bristol Palin was expecting, McCain’s forecast dropped to a market low of 17%.

However, since then, the market has proved that we all love a scandal and a woman who can give a good speech. After Palin’s RNC address on September 3, McCain’s forecast was boosted back to 44%.

Currently, the market forecasts McCain as having a 48% chance of becoming the next president, Obama 58%. Palin has reduced the gap between the two frontrunners to one of the tightest margins since the beginning of the campaign - so far, she appears to be a winning pick by McCain.

Who will be the next President of the U.S.?

Popularity: 9% [?]

Recently launched Perspctv collates polls, twitter, blog post and news mentions on the forthcoming election. Unfortunately, there is no prediction market data but the quality of the data visualization makes up for that.

Popularity: 6% [?]

By Ryan Jacobs (Politics Category Editor)

For months we’ve watched the Democratic nomination drudgingly soldier on. Now though the light at the end of the tunnel has finally appeared. As we near the end of the nominating process lets analyze what got us to this point.

At the end of April it still seemed like the fight between Clinton and Obama was a competition. McCain although out in the GOP wilderness was building his machine and raising funds. But as April turned into May a momentous shift occurred showcased by the market chart above. Around May 6-7th the entire Who will be the next President market shifted.

Clinton’s price began a slow but steady downwards slope and this price decrease boosted Obama’s standing, leading him to break free from McCain and soar ahead. Despite fallout from Reverend Wright and other political gaffes Obama’s been able to not only maintain a lead in the markets but build on it.

Oddly, the Gallup polls show a close general election race between Obama and McCain, but the markets which are asking the same question have very different results. They show what seems to be a knockout win for Obama in November. The question is why is this happening? It’s possible that Gallup responders are tinged more by ideology and don’t just take into consideration the facts but also predict who they want to be the next President. Prediction markets users don’t predict who they hope will be the next President, there predictions are based almost solely on cold hard calculations of who will be the next President. This is because they want the large payoff from predicting correct.

So what events or event caused the sudden change in the markets? If we track this back to the primaries, 2 come to mind, the May 6th Indiana and North Carolina primaries. After these as seen through the market Obama began his quick ascension, while Clinton and McCain both faltered.

So why did McCain and Clinton both falter after Indiana and North Carolina? Well, Obama won Carolina with large margins and was able to keep Clinton’s win in Indiana small, therefore he was finally able to shut her down. With Clinton all but officially done Obama could now focus on McCain. As Obama focused on McCain it became clearer and clearer who of the two was the front runner for the Presidential election and the market adjusted for this showcased by McCain’s slow downturn and Obama’s rapid ascent.

Obama now holds a major lead in the markets and once Clinton is officially gone I’d predict Obama’s price will inflate once again. The problem is when will the downturn happen? Obama can’t fly like this forever and soon enough the GOP will begin to mercilessly attack. The election this year won’t be a blowout for Obama and soon enough the markets will adjust to this, the question is when?

what is this?

Who will be the next President of the U.S.?

% chance over time

    John McCain

    Mike Huckabee

    Ron Paul

    Ralph Nader

    Mike Bloomberg

    Hillary Clinton

    Barack Obama

    Other

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Hubdub - The News Prediction Game

Popularity: 19% [?]

By Ryan (Politics Category Editor)

With a convincing win in Pennsylvania Clinton has yet again survived to fight another day. The stakes are now higher than ever though. For Clinton Indiana is a must win. The margin doesn’t matter all that much, only the win. Obama was ahead in Indiana, but now his lead is diminishing to a neck and neck, minute by minute coin toss. If Clinton wins Indiana she affirms her right to stay in the race longer. If Clinton gets a loss the prospects are much grimmer. The super delegate tide is already a break towards Obama and a loss in Indiana would only shift that tide further.

North Carolina is a null point. There’s no way the state will goto Clinton, it’s an affirmative Obama win. The question is can Clinton not only win Indiana but drive Obama’s margin of victory down to 5 percent or less in Carolina? That type of win on May 6^th would spell disaster for Obama.

For Obama to win Indiana he has to flood the state with as much advertising as possible, if he isn’t already and rid himself of the “elitist” frame. The best move made by Clinton was framing Obama into an elitist candidate even if he wasn’t. Trying to get rid of the frame will prove difficult especially in the time before May 6^th. A awe inspiring speech could work but it’s risky, there’s a chance it backfires and makes him look like a talker and not a doer.

Finally, the notion that the Democratic nomination process is good for the party is malarkey. The party is splintering and voters are getting bored and annoyed by the length of the campaign. Yes registrations are way up and turnout is phenomenal, but the trend for some 40 years has been a lessening in voter turnout. This process does nothing but reaffirm voters dissatisfaction with the political system.

Who’ll last longer Robert Mugabe or Hillary Clinton?

Will Obama be able to win both the Indiana and North Carolina primaries on May 6th?

Will Hillary Clinton withdraw from the nomination race before the Democratic Convention?

Popularity: 11% [?]