Since early May, Rasmussen Markets data has shown Barack Obama as the favorite to be the next President of the United States. From the time he wrapped up the Democratic Presidential Nomination on June 3, market expectations have consistently given Obama a roughly 60% chance of victory. However, in the wake of John McCain’s successful Republican National Convention, Obama’s prospects have dimmed. As of 9:30 Eastern Time on Monday morning, September 8, Rasmussen Markets data gave Obama a 50% chance of winning the White House while expectations for a McCain victory are at 49%. These results are updated on a 24/7 basis by market participants and the latest results can be found here. On Monday morning, McCain was favored to win Florida, Obama is seen as the victor in Michigan and Pennsylvania. Ohio is too close to call. On Monday morning, the Rasmussen Reports daily Presidential Tracking Poll showed McCain with a statistically insignificant one-point lead. New state polls will be released tonight (Monday) at 6:00 p.m Eastern. Throughout the rest of the week, new state polling on the Presidential race will be released each day at 5:00 p.m. Eastern. RasmussenMarkets.com is a “prediction market” or “futures market” that harnesses competitive passions in a way that becomes a reliable leading indicator of upcoming events. It costs nothing to join and add you voice to the wisdom of the market. RasmussenMarkets.com also provides a platform for you to create your own Fantasy Politics League for your office, club, or blog. Learn more at RasmussenMarkets.com.