Each candidate needs at least 270 electoral votes to win outright, and a tie at 269 that throws it into the House isn't impossible.
Obama | McCain
Votes Probability | Votes Probability
260+ 0.9972 | 260+ 0.0114
265+ 0.9959 | 265+ 0.0080
266+ 0.9955 | 266+ 0.0074
267+ 0.9952 | 267+ 0.0069
268+ 0.9948 | 268+ 0.0064
269+ 0.9944 | 269+ 0.0060
270+ 0.9940 | 270+ 0.0056
271+ 0.9936 | 271+ 0.0052
272+ 0.9931 | 272+ 0.0048
273+ 0.9926 | 273+ 0.0045
274+ 0.9920 | 274+ 0.0041
275+ 0.9914 | 275+ 0.0039
280+ 0.9878 | 280+ 0.0026
285+ 0.9828 | 285+ 0.0018
290+ 0.9758 | 290+ 0.0012
295+ 0.9661 | 295+ 0.0008
300+ 0.9532 | 300+ 0.0005
305+ 0.9361 | 305+ 0.0003
310+ 0.9133 | 310+ 0.0002
315+ 0.8848 | 315+ 0.0001
320+ 0.8491 | 320+ 0.0001
325+ 0.8057 | 325+ 0.0000
330+ 0.7533 | 330+ 0.0000
335+ 0.6946 | 335+ 0.0000
340+ 0.6277 | 340+ 0.0000
345+ 0.5544 | 345+ 0.0000
350+ 0.4787 | 350+ 0.0000
355+ 0.4013 | 355+ 0.0000
360+ 0.3264 | 360+ 0.0000
365+ 0.2537 | 365+ 0.0000
370+ 0.1925 | 370+ 0.0000
375+ 0.1401 | 375+ 0.0000
380+ 0.0964 | 380+ 0.0000
385+ 0.0655 | 385+ 0.0000
390+ 0.0429 | 390+ 0.0000
395+ 0.0274 | 395+ 0.0000
400+ 0.0173 | 400+ 0.0000
405+ 0.0107 | 405+ 0.0000
410+ 0.0065 | 410+ 0.0000
415+ 0.0039 | 415+ 0.0000
420+ 0.0022 | 420+ 0.0000
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