Political pundit Nate Silver says Obama has 74.6% chance of winning reelection

Washington - A New York Times' resident political predictor has claimed that President Barack Obama currently has a 74.6 percent chance of winning reelection and defeating his Republican rival Mitt Romney.
 
Nate Silver became a sort of a celebrity after he correctly predicted the outcome of the 2008 election in 49 of 50 states.
 
"Obama is ahead in the polling averages in states like Ohio that would suffice for him to win the Electoral College. Hence, he's the favorite," Silver told Politico.
 
"If the Giants lead the Redskins 24-21 in the fourth quarter, it's a close game that either team could win. But it's also not a "toss-up": The Giants are favored. It's the same principle here," he added.
 
However, more than a few political pundits and reporters, including some of his own colleagues, believe Silver is highly overrated, the report said.
 
"If you tell me you think you can quantify an event that is about to happen that you don`t expect, like the 47 percent comment or a debate performance, I think you think you are a wizard. That`s not possible," Times columnist David Brooks said.
 
But Silver's no stranger to doubt and criticism, and even doubts his own model sometimes. But he, somehow dismisses this criticism.
 
"We can debate how much of a favorite Obama is; Romney, clearly, could still win. But this is not wizardry or rocket science," Silver said.