InTrade Market on Florida GOP Primary

Some InTrade political bettors with intestinal fortitude stand to make a fortune on Tuesday — or at least a high rate of return — if, indeed, Mitt Romney wins the Sunshine State primary.

The Dublin-based predictions market gives Mitt Romney a 97.1% chance of winning the Florida Primary — up from somewhere in the 30’s just 10 or so days ago, when Newt Gingrich was heavily favored.

Politics really is a game of momentum.  Dramatic swings like these have become commonplace in the 2012 GOP primary. I’m not sure how much is being wagered on the Intrade Market on Florida, but someone right now, with surreptitious relief, is almost assuredly saying “told you so.”