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If anyone cares,
here's a link to Intrade's 2008.GOP.NOM contracts (if that link doesn't work I'll post a screenshot.)
As I stated before, I have absolutely no idea what any of this means or if it can be extrapolated into an "X to 1" framework that my feeble brain can handle. If anyone wants to do some analysis, feel free.
Here's a Slate article titled "Can the political betting markets be rigged?". It includes specific allegations of market tampering (!) during the 2004 presidential election.
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100 - trading price (in Paul's case, 2.8) / trading price = odds.
100-2.8/2.8 ~ 35:1