By Greg Milam, US Correspondent
Barack Obama looks on course to secure a second term in the White House as the most expensive and negative campaign in history finally reaches election day.
Mr Obama looks to have the narrowest of leads over rival Mitt Romney in a number of critical swing states.
The Republican candidate has even added two election day campaign stops in Ohio and Pennsylvania, a break with election tradition.
Mr Obama wrapped up his campaign with a rally in Iowa, the state where his 2008 campaign sparked into life, and he called on Americans to give him a second chance.
The two candidates have criss-crossed a handful of swing states in recent days as they try to energise supporters and secure every last vote. Both have sounded weary and hoarse at times.
The result is that national opinion polls put Mr Obama on 48% and Mr Romney on 46%.
In swing states, Mr Obama maintained a four-percentage point lead in Ohio and was ahead by slimmer margins in Virginia and Colorado. Mr Romney led in Florida.
Mitt and Ann Romney campaigning in Virginia The other states to watch include Iowa, Wisconsin, Nevada and Pennsylvania, where Mr Romney has poured money into a late run.
The electoral college system and the way the state polls are going suggests that Mr Obama could be headed toward re-election partly due to his lead in Ohio, according to Ipsos pollster Julia Clark.
A victory in US presidential elections relies not on a popular vote count but reaching 270 electoral college votes. They are allocated to each state based on population size.
Ms Clark said: "Obama only needs a couple of these swing states and the data suggests that he'll win one or two of them."
Mr Romney's advisors dismiss those polls and believes they have momentum.
The candidate unveiled a new slogan in Florida: "Tomorrow we begin a new tomorrow."
He said: "The same course we're on isn't going to lead to a better destination. The same course we're on is going to lead to $20 billion in debt. Unless we change course, we also may be looking at another recession."
The economy has been the key issue in the campaign and both candidates have been driving grassroots efforts to mobilise support.
Mr Romney told them: "We have one job left, and that's to make sure that on election day, we make certain that everybody that's qualified to vote gets out to vote."
In the last few days, Mr Obama has been accompanied by stars including Bruce Springsteen and Jay-Z and with appearances from former president Bill Clinton.
While Mr Romney makes those extra stops in blue-collar districts, Mr Obama will spend the day in his home-town of Chicago. He has recorded a number of television and radio interviews which will air today.
Both campaigns have victory rallies lined up, in Chicago and at Romney HQ in Boston, and the candidates will address the nation once the results are known.
There have already been some allegations of irregularities at polling stations and if the numbers are close, re-counts and absentee ballots could mean it is days before the result is known.
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