Barack Obama
favorite over John McCain to win the Elections
Political betting odds have been popular in the U.K. for years,
but only recently the Americans have taken interest in this
"new" form of predictions. And the current presidential race is
the poster child of political betting in America - folks have
been seeking out the odds on the presidential hopeful since the
start of the primaries. And now that we known who the party
candidates are, it's time for the real action - the odds on who
will be the next president, Barack Obama or John McCain? To get
the latest scoop on the odds to become the next U.S. President,
we visited the online sportsbook
BodogSports (see here), only to
find out that Barack Obama is a big favorite to win the November
Elections.
Usually when it's down to a two-horse
race, the odds are pretty close, but in this case Obama has a
significant lead over his Republican contender. The odds makers
have Barack Obama -180 to be the next President and John McCain
is trailing behind with odds +140. For those of you who don't
follow betting, -180 odds means the bettor has to risk 180 to
win just 100, while +140 means the bettor would risk 100 to win
140. The lead Obama has with the bookies (i.e. those who put
their money where their mouths are) is obviously quite big, but
don't forget Hillary Clinton was the ultimate favorite to secure
the Democratic nomination at the very beginning. So here you
have it folks - all the drama surrounding Barack Obama lately
has done nothing to shake the confidence of the bookmakers and
he remains the favorite to win the Presidency late this year.
Published on
06/10/2008
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