John Kerry endorsement shortens Barack Obama odds

British odds makers have shortened the odds on Barack Obama to win the U.S. Presidential Elections, following the John Kerry endorsement.

John Kerry endorsement shortens Barack Obama odds With John Kerry endorsing Barack Obama, British bookmaker William Hill has shortened his odds from 5/2 to 9/4 second favorite to win the US Election and lengthened favorite Hillary Clinton from 5/4 to 11/8. "For senior member of the Party like Kerry to come out in favor of Obama strongly suggests that it has been done as much to act against Hillary's chances as to improve Barack's in our opinion." said Hill's spokesman Graham Sharpe. Hills make John McCain 5/1 third favorite and also offer 8/1 Rudolph Giuliani, with Mike Huckabee being backed from 12/1 to 10/1, ahead of Messrs Bloomberg and Romney who are both 20/1.

Meanwhile the North American betting company Bookmaker is also shortening the odds on Obama to +200 to become the next U.S. President, while Hillary Clinton remains the favorite with odds +160. GOP presidential hopeful Mike Huckabee comes third with odds +500, followed by John McCain listed at +550. Despite the good numbers in New Hampshire, Republican candidate Mitt Romney is now holding underdog odds of +1500, meaning the bookie will pay out 1,500 on every 100 bet if Romney wins the Elections, still way behind Rudy Giuliani, who despite his sluggish start in the primaries is still ahead of Romney with odds +800.

As far as the party nominations, at Bookmaker Hillary Clinton is back as the ultimate favorite to win the Democratic presidential nomination with odds of -160, followed by Barack Obama at +110, John Edwards at +700 and underdog Bill Richardson with the whopping odds of +6000. Following the New Hampshire victory, John McCain is now the Republican nomination favorite with odds +180, slightly edging Mick Huckabee, who is sitting on odds of +200 and Rudy Giuliani at +285.

Published on 01/10/2008