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RCP Poll Average: President Obama Job Approval - O/U 60.5% on Saturday, April 4th?

Settled as Over 60.5%

Background: RCP Poll Average: President Obama Job Approval
As of today, Saturday, March 28, 2009, President Obama's last 10 published job approval poll averages from Real Clear Politics:

03/26/09 - 60.8
03/25/09 - 60.8
03/24/09 - 61.2
03/23/09 - 61.2
03/22/09 - 60.2
03/21/09 - 60.2
03/20/09 - 60.2
03/19/09 - 60.2
03/18/09 - 60.2
03/17/09 - 60.2
http://www.realclearpolitics.com/epolls/other/president_obama_job_approval-1044.html#chart

Settlement details:As reported by Real Clear Politics:
http://www.realclearpolitics.com/epolls/other/president_obama_job_approval-1044.html#chart

 
Forecast history %
Over 60.5%
99%
Under 60.5%
0%
Exactly 60.5%
0%
Settled as Over 60.5% on Sun 5th Apr 7:04pm PST

Suspend date: Sat 4th Apr 11:59pm PST
Settlement date: Sun 5th Apr 7:04pm PST
Prediction cut-off: Predictions on this question after Sat 4th Apr 11:59pm PST have been voided because they were made after the question could be settled

Initial likelihoods: Over 60.5%: 53%, Under 60.5%: 43%, Exactly 60.5%: 4%

Action history:

Created Sat 28th Mar 6:20pm PST by fingers_of_fury
Suspended Sat 4th Apr 11:59pm PST : Suspend date reached
Settlement requested Sun 5th Apr 6:41pm PST by fingers_of_fury: Please settle as: Over 60.5%

Per the graph (middle of page) the president's approval rating was 60.7% on 04/04.
http://www.realclearpolitics.com/epolls/other/president_obama_job_approval-1044.html#chart
Settled as 'Over 60.5%' Sun 5th Apr 7:04pm PST by destry[Admin]

Suspend date: Sat 4th Apr 11:59pm PST
Settlement date: Sun 5th Apr 7:04pm PST
Prediction cut-off: Predictions on this question after Sat 4th Apr 11:59pm PST have been voided because they were made after the question could be settled details

 

Predictions (205)

32 weeks ago
curios predicted Over 60.5% (H$9,800 at 98%)
32 weeks ago
piecemoney predicted Over 60.5% (H$1,146 at 86%)
32 weeks ago
ostrak predicted Over 60.5% (H$100 at 84%)
32 weeks ago
n1kkc predicted Under 60.5% (H$100 at 8%)
33 weeks ago
ipeirotis predicted Over 60.5% (H$100 at 85%)

Comments (10)

i really like this one fof!
posted 33 weeks ago
thx rob!

I borrowed the O/U concept from letmewinplees.
posted 33 weeks ago
  3 hfl13
60,5 today
posted 33 weeks ago
  4 hfl13
Are we looking for the average on Saturday 4th (probably the 2th) or do you intend the value for Saturday 4th which will become available on Monday.

The settlement date implies the later - the rest of the question the first interpretation.
posted 33 weeks ago
Hi hfl13,

I intended for settlement to be based on RCP's poll average for 04/04, whenever the 04/04 results are published.

Re-reading the settlement details, I see your point, I didn't make that crystal clear... I apologize.

If the lack of clarity ruined the question for you (and/or others) please flag it so the category editor can clarify/fix the details or void the question if necessary. Whichever is most agreeable to Hubdub users wagering on this is fine by me.

Thanks,
fof
posted 33 weeks ago
  6 hfl13
Hi fof,

no problem for me - only 4,5K invested. A settlement in a few hours would have given me some Ks in gains. But my original bets were on slightly dropping popularity.

And than Oboma makes a success aut ouf the difficult Europe trip. ;-) But maybe Fox News has another 58 or 26. ;-)

I can either stay invested or sell tomorrow. I really liked this question.

Do you know how RCP takes the average? (How many polls are in? Are they weighted? What statistical method is used?)
posted 33 weeks ago
  7 hfl13
out of - editing would be nice
posted 33 weeks ago
  8 hfl13
Found it myself: The RCP average is the last 8 polls divided by 8.

The Friday average is out and its up to 60,6. The next 24 hours will have tension. There will be a new gallup value (62% gained 1% the last 3 days from a weak 59) and there are 4 older polls in the mix:
64 - 66 - 63 - 58 are the last entrys - same date. Will one of these 4 have a new survey out or another pollster? Tension is guaranted in the last betting hours. All polls together there is only 1% less needed for 60,5 and 2% for 60,4. (not per poll but total)

My HD$ loves Fox and Rasmussen.
posted 33 weeks ago
Wow... since your last comment, April 3rd's average moved to 60.7% - this is going to be a close one!
posted 33 weeks ago
  10 hfl13
And itīs not the last 8 its the grey polls that are simply divided by the number of grey polls.
posted 33 weeks ago

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