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If you were a bookie... Polls and bets on the 2004 elections

 
 
nimh
 
  1  
Reply Sat 31 Jul, 2004 09:43 am
OCCOM BILL wrote:
Casino's are back to favoring Bush. They had it at even money before the convention.

So, did you use the opportunity to place your Bush bet just before the Convention, Bill? :wink:

Anyone who bought some Bush stocks in the Iowa Electronic Markets between the 23rd and the 26th can now sell 'em again with 2 cents profit per share ...

In fact, thats interesting. The Dem shares also got their max between the 23rd and 26th - the weekend before the convention and the first day with Clinton. But by closing time on the 27th they had already lost 1,7 cents, and by now they've lost another 1,6 cents.

Apparently, the gamblers did not think the Convention was a winner for the Dems - if anything, the opposite.

http://128.255.244.60/graphs/Pres04_WTA.png
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kelticwizard
 
  1  
Reply Sat 31 Jul, 2004 10:27 am
Let's see the bounce the Republicans get.

It could be that with the networks limiting their coverage severely, the bounce effect might be minimized for both parties. It's all about ecposure, and if the networks limit the exposure and put on competing programs for people to watch, the bounce effect gets diminished, I would think.
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OCCOM BILL
 
  1  
Reply Sat 31 Jul, 2004 11:29 am
nimh wrote:
So, did you use the opportunity to place your Bush bet just before the Convention, Bill? :wink:
NopeĀ… too much time between now and game-day. Like I said before, I don't think exposure is all that good for either of these guys. Can you imagine if Bush had the Charisma of Tony Blair? And Kerry that of Clinton? Then we'd be seeing some serious bounce. These clowns are like watching paint dry. At least with Bush, we know what color it will be when it does. :wink:
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kelticwizard
 
  1  
Reply Sat 31 Jul, 2004 12:51 pm
OCCOM BILL wrote:
These clowns are like watching paint dry. At least with Bush, we know what color it will be when it does. :wink:
[/b]

LOL!! But what if the color has been making you sick for years? Very Happy
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nimh
 
  1  
Reply Sat 31 Jul, 2004 06:19 pm
Newsweek poll out. Respondents were polled from 29-30 July - that is, half before Kerry spoke and half after Kerry spoke.

First the bad news on the bottom line: as of yet, it's barely a bounce.

Pro memoria, the Zogby poll that was done during the first three days of the Convention had shown a formal bounce of 3-4%, depending on whether you take the one with or without Nader: compared to Zogby's previous poll from three weeks earlier, Bush fell 3% and Kerry remained stable or gained 1%.

Now in this Newsweek poll, it's the same story: compared to the previous poll three weeks ago, it's a 2% or 4% bounce, depending on whether you take the numbers with or without Nader. In the one, Bush loses 1% (and gets 44%) and Kerry wins 1% (and gets 52%); in the other they lose/win 2% each (with Bush at 42% and Kerry at 49%).

There is, however, comfort in the details: the numbers are given separately for the 29th and the 30th. On the 29th, Kerry lead Bush 47% to 45% in a 3-way race (which was actually worse than the score was three weeks ago); but on the 30th, after John's speech, it was 50% to 40%. From a 2% lead to a 10% lead in one day - now that's a bounce.

Further good news in the details, but lemme post this first.
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nimh
 
  1  
Reply Sat 31 Jul, 2004 06:41 pm
More from the Newsweek poll:

Bush's job approval, compared to three weeks ago, is down 3% to 45%; disapproval is up 3% to 49%. All the more interesting considering all the job approval polls the week or two before the Convention had shown something of a bounce for Bush.

On the bellwether question, "Are you satisfied or dissatisfied with the way things are going in the United States at this time?", the US hit rockbottom again. Only 36% of respondents is satisfied; 58% is dissatisfied. It was worse than this last May and as bad as this last April; but considerably better the half year before - and earlier this month, when the numbers were 40/54.

There's more. This is what Newsweek notes:

Quote:
Kerry's four-point "bounce" is the smallest in the history of the NEWSWEEK poll. [..] Still, Kerry and Edwards have gained ground on several key election issues. [..] In an election expected to be decided by a small number of unaffiliated voters, independents now lean toward Kerry by a margin of 45 percent to 39 percent, with Nader pulling 7 percent. [..]

Voters are deadlocked at 46 percent over who they would trust more with handling the situation in Iraq (Bush had enjoyed a 15 point lead in March). They also just barely prefer Bush to Kerry (48 percent to 43 percent) on handling terror and homeland security, issues on which they had preferred the president by 21 points in March. This is significant because the top issues among voters are terrorism (21 percent), the economy (19 percent), Iraq (18 percent) and health care (15 percent).

Kerry gets higher ratings as someone who can be trusted "to make the right decisions during an international crisis" (53 percent Kerry versus 48 percent Bush). [..] domestically, more voters believe Bush's policies have hurt (43 percent) rather than helped (33 percent) the economy. Voters also feel they would far more trust Kerry (55 percent) than Bush (32 percent) with issues pertaining to health care and Medicare.

[..] the Democratic Party's nominee now boasts stronger ratings than the president on being "personally likeable" (67 percent agree with that description of Kerry, 62 percent of the president); on being someone who cares about "someone like you" (57 percent feel this describes Kerry, 44 percent Bush); and on having "strong leadership qualities" (31 percent don't see these in Kerry whereas 38 percent don't see them in Bush).

With the major networks broadcasting very little of the actual convention in prime time, registered voters did not watch very much of it. Just half the voters (48 percent) said they watched at least some of the convention, with 41 percent of those who did watch walking away with a more favorable view of candidate. About a quarter (24 percent) of all viewers felt less favorable.

Article also notes that the voters side with Bush on gay marriage, but with Kerry (and Ron Reagan) on stem cell research. But forget about that: Kerry does as well as Bush on Iraq and scores only 5% less "on handling terror and homeland security" - Bush's purported overriding selling point. On that score, the Convention seems to have done its work. And "more voters believe Bush's policies have hurt (43 percent) rather than helped (33 percent) the economy" - that could still cost him the election.
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kelticwizard
 
  1  
Reply Sat 31 Jul, 2004 10:33 pm
Ah, some good news then, (at least if you are for Kerry).

As I said earlier, it's all about exposure, and Kerry and the Democrats did not appear that much on network TV, (although it should be said that on any given night, more people will be watching cable channels than networks. Of course, that is spread among umpteen cable channels).

Therefore, the bounce might not be that big for either candidate.

If I keep following these polls point-by-point everyday, I'm going to be a basket case by September, lol! Very Happy
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revel
 
  1  
Reply Sun 1 Aug, 2004 05:52 am
I am betting that at the last minute Nader quits and then his votes will go to Kerry. If things aren't rigged, Kerry should win, barely. So, I still bet on Bush.
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nimh
 
  1  
Reply Sun 1 Aug, 2004 07:50 pm
Now there's a surprise ... Shocked

There's a new CNN/USAToday/Gallup poll out today - respondents were polled on Friday and Saturday, so after Kerry's speech - and it has Kerry/Edwards DOWN two points compared to ten days before.

It has Bush/Cheney UP three points - to a 50% to 47% lead. Thats the best Bush has done against Kerry in the Gallup poll since mid-April.

In the three-way race, Kerry/Edwards are down 1% - and Bush/Cheney up 4%, to a 50% to 46% lead. Nader at 2%, down 2.

Oops.

Small comfort: job approval for Bush is down two points again to 47% - with 49% disapproving. More or less where it has been for two months now.
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Foxfyre
 
  1  
Reply Sun 1 Aug, 2004 07:52 pm
Rasmussen gave Kerry a 4 pt bounce but has had Bush's approval rating at 50% or above for weeks now.
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nimh
 
  1  
Reply Sun 1 Aug, 2004 08:07 pm
This is from the write-up in USAToday. It has some stark historical light on the non-bounce. But it also has one sentence that should offer some meaningful comfort to the Dems: "In a switch, Kerry now is trusted more to handle the responsibilities of commander in chief, by 51%-46%."

Quote:
Poll: No boost for Kerry after convention

Last week's Democratic convention boosted voters' impressions of John Kerry but failed to give him the expected bump in the head-to-head race against President Bush [..] In the survey, taken Friday and Saturday, Bush led Kerry 50%-46% among likely voters.

The change in support was within the poll's margin of error [..]. But it was nonetheless surprising, the first time since the chaotic Democratic convention in 1972 that a candidate hasn't gained ground during his convention. [..]

A Newsweek poll taken Thursday and Friday gave the Democratic ticket a 49%-42% lead. Over three weeks, that reflected a 4-point "bounce" for Kerry, the smallest ever in the Newsweek poll. [..]

Analysts said the lack of a bounce may reflect the intensely polarized contest. Nearly nine of 10 voters say their minds are made up and won't change. "The convention, typically a kicking-off point for a party, is now merely a reaffirmation" of where voters stand, said David Moore, senior editor of the Gallup Poll. [..]

But Matthew Dowd, chief strategist for the Bush campaign, said "history doesn't bode well" for Kerry. Since World War II, the three challengers who have unseated presidents held clear leads after their conventions. [..]

Those surveyed gave the convention and its candidate high marks:

Kerry's acceptance speech Thursday was rated as "excellent" by 26%, a more positive response than Bush got in 2000. A 44% plurality said the Democrats were "about right" in criticizing Bush; 30% said they went too far.

Views of Kerry's personal characteristics and leadership improved; views of Bush didn't change much. Bush's edge in handling terrorism was shaved to 12 points from 18. In a switch, Kerry now is trusted more to handle the responsibilities of commander in chief, by 51%-46%. [..]
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Foxfyre
 
  1  
Reply Sun 1 Aug, 2004 08:17 pm
Quote:
In a switch, Kerry now is trusted more to handle the responsibilities of commander in chief, by 51%-46%."


That is so far off the mark when compared to other credible polls, I have to figure it got skewed or just wrong.
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nimh
 
  1  
Reply Sun 1 Aug, 2004 08:44 pm
Really? I was surprised too, forsure, but "so far off the mark when compared to other credible polls"? Could you elaborate with specifics?

I dont think I have seen any other polls on that question, myself. But on a related score, even on Rasmussen Kerry has now closed the gap with Bush on who is more trusted on national defence to a 4% margin - 49% to 45% - with a 3% margin of error for both numbers. Formally a tie, thus.

And yesterday's Newsweek poll had Kerry with a 5% lead on who is "trusted do to a better job" on "foreign policy in general" - as well as even with Bush on Iraq and at a mere 5% distance from Bush on "terrorism and homeland security".

The last ABC/WaPo poll on the issues had considerably worse numbers for Kerry, but the previous one had Bush and Kerry tied on who was trusted more on "the U.S. campaign against terrorism". So - surprise yes, but "so far off the mark" it has to be "skewed or just wrong", really?
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timberlandko
 
  1  
Reply Sun 1 Aug, 2004 08:54 pm
Any poll distinctly at odds with its contemporaneous fellows is at best suspect, whether the difference is toward or against the candidate you favor. An awful lot in this most recent USAToday/CNN/Gallup poll is out of whack with the immediate past trending of that poll itself, apart from its divergence from the majority of other polls. I would tend to think this particular example to be an anomally. Whatever, either of two things will happen over the next few polls; that poll will correct itself as it updates, or the other polls will begin to track towards it. Frankly, over the near-to-mid-term, the next 4 weeks leading up to the Republican Convention, I expect its more likely Gallup will trend back towards the pack rather than the pack trending toward Gallup.

Of course, should that prove not to be the case, should Kerry enter a distinct slide between now and Madison Square Garden, he'll wind up sharing the footnote already dedicated to McGovern and Dukakis.
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OCCOM BILL
 
  1  
Reply Sun 1 Aug, 2004 09:00 pm
nimh wrote:
Now there's a surprise ... Shocked
Nah, I told you these guys are boring, remember?

OCCOM BILL wrote:
I want some of that action. As likable as these two candidates are they're liable to lose a point or two at the conventions.


I also find it interesting that the casino was first to put Bush back out front. Idea
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nimh
 
  1  
Reply Mon 2 Aug, 2004 03:25 pm
... well, i guess its official:

no bounce -- whatsoever.

Two new polls out: CBS/NYT and American Research Group. These are the results:

CBS/NYT, 30 July-1 August, compared with two and a half weeks earlier:

Kerry/Edwards 49% (no change)
Bush/Cheney 43% (-1)

American Research Group, 30 July-1 August, compared to four weeks earlier:

Kerry 49% (no change)
Bush 46% (+1)

or (3-way race):

Kerry 49% (+2)
Bush 45% (+1)
Nader 2% (-1)

Wow. <sighs>. Mosta us agreed that the bounce would be small - nothing like 15%, probably not even 8%, more like 6% or 4% ... but nothing? Zilch?
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sozobe
 
  1  
Reply Mon 2 Aug, 2004 03:34 pm
Back to voters being brought home already? That the ones who cared didn't need the convention to care, and the ones who didn't care didn't care about the convention?

Another thing just occurred to me, something I read somewhere (may have been here) about how while Kerry had to be specific eventually, the more specific he got, the less he'd be able to glide on ABB cachet. Like how he lost ebrown early on. So maybe he gained some people by being more specific, finally, but also lost some people by being more specific?

Or maybe there was an offsetting Bush bounce? I only watched the convention on CNN, no editing, no commercials, haven't been watching commercial TV at all, don't know what Bush was doing during the convention, seems like it had to have been something. So maybe that was effective, would've been say a 4% bounce for Bush without the convention, as it happened the bounces canceled each other out?

Strange.

Will be very interested to see what happens with the Repub convention.

My own thinking right now is that the people who care at this point have already made up their minds, dem or repub, and that it the various remaining undecideds -- young people, etc. -- will make up their minds closer yet to the election.
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sozobe
 
  1  
Reply Mon 2 Aug, 2004 03:35 pm
The Nader thing is interesting, though. He (Kerry) won over possible Nader voters; people who care but thought they couldn't vote for him?
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nimh
 
  1  
Reply Mon 2 Aug, 2004 03:58 pm
Here's a current update of my graphs:

http://home.wanadoo.nl/anepiphany/images/bush-kerry_endjuly.gif

http://home.wanadoo.nl/anepiphany/images/bush-kerry_average_endjuly.gif

http://home.wanadoo.nl/anepiphany/images/bush-job-ratings_2001-2004_endjuly.gif

http://home.wanadoo.nl/anepiphany/images/bush-job-ratings_2001-2004_average_endjuly.gif

In the category safe bets, I'm betting that the election result will be somewhere in between a 4% win for Bush and a 5% win for Kerry ... I think both is still possible, but more than that for either isn't really in the cards.

Also, way back in this thread, months ago, I think I said that the way I saw it, there was a 60% chance of Bush winning and a 40% chance of Kerry winning. After all these months of to and fro and ups and downs and various arguments, I'm willing to update my estimation merely to ... a 55% chance of Bush winning and a 45% chance of Kerry winning.

Tsja ...
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nimh
 
  1  
Reply Mon 2 Aug, 2004 04:27 pm
Heya Sozobe ;-)

sozobe wrote:
Back to voters being brought home already? That the ones who cared didn't need the convention to care, and the ones who didn't care didn't care about the convention?

Yeah ... (very cleverly phrase by the way, you've got a talent there <winks>) ... well, the theory (of voters already having been brought home) had gotten commonplace before the Convention, so people were already looking out for a less-than-usual bounce ... but despite all the talk of exactly what you mention, I dont think I read any prediction of there not going to be any bounce, whatsoever - I mean, some of these polls have Kerry actually down! So that must be a disappointment ...

I dont think the Dems have "played" their Convention so far on the other party's side of the field (no talk of guns, affirmative action, gays, anything, lots of talk about strength, security, fighting terrorism, war experience, etc) in many, many years ... and still nothing budged. Let's hope that indeed, nothing will budge when the other gets its turn either. The fact that not a single poll since January ever had Bush more than 6% up over Kerry, whereas Kerry's gotten leads of 8, 9, 12 points, would suggest that it'll be even harder for the Republicans to 'break out' ... let's hope so.

sozobe wrote:
Another thing just occurred to me, something I read somewhere (may have been here) about how while Kerry had to be specific eventually, the more specific he got, the less he'd be able to glide on ABB cachet. Like how he lost ebrown early on. So maybe he gained some people by being more specific, finally, but also lost some people by being more specific?

But he's hardly been very specific at all, in Boston. His speech was surprisingly good, but was mainly driven by on-target symbolism and images ... not by any all too specific policy proposals. On Iraq, for example, its still overwhelmingly unclear what he has in mind thats different from what Bush has already started doing - other than that unlike Bush, he'll "know what to do".

sozobe wrote:
Or maybe there was an offsetting Bush bounce? I only watched the convention on CNN, no editing, no commercials, haven't been watching commercial TV at all, don't know what Bush was doing during the convention, seems like it had to have been something. So maybe that was effective, would've been say a 4% bounce for Bush without the convention, as it happened the bounces canceled each other out?

That could be. Not during the Convention, exactly, but in the weeks before - after all, the bounce in these polls is measured in comparison to the previous poll by the same agency, which usually is from two-three weeks earlier.

I did remark upon a distinctive bounce for Bush in his job approval numbers over the two-three weeks before the Democratic Convention here twice: on July 25 and on July 28. In fact, on the 28th I wrote:

"The seven polls that have come out on the matter in the second half of this month thus far, on average give Bush a 48,7% approval rating - and thats the best he's had since late April. They give him an average 46,6% disapproval rating - and thats the lowest since late April. (If this indicates a bounce of his own for Bush this past week or two, one could actually worry that even if there is a Democratic Convention bounce, it wont be able to achieve much more than cancel out this little one for Bush ...)"

So who knows, I might have had brilliant, though depressing foresight ... Razz

sozobe wrote:
My own thinking right now is that the people who care at this point have already made up their minds, dem or repub, and that it the various remaining undecideds -- young people, etc. -- will make up their minds closer yet to the election.

Thats probably true ... drats. Will be a boring coupla months until the debates, then ;-)
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