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Election Update: Who is Winning Election? [Live Coverage]

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Many have taken the candidates' advice. More 7.6 million people have already voted with 12 days until Election Day, according to the United States Election Project at George Mason University (GMU). Nearly a quarter of all voters cast their ballot before Election Day in 2008 and it could be an even bigger share this time around.

"It's up everywhere you look," said Prof. Michael McDonald, who runs the election project at GMU.

With real votes already being cast, we can begin to get a picture of which candidate has an advantage in winning the presidency since many states provide the party ID of early voters. But like everything else, it's important to cut through the spin about the early vote. Both campaigns and party committees have bombarded reporters with memos and charts about how their side is winning because of their early voting performance.

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