Obama beats McCain
in July money, betting odds lengthened
battle between presidential candidates Barack Obama and John
McCain to win the people's votes in November is in full force.
From the donation numbers released by both campaigns this week
one thing is apparent - John McCain, the GOP candidate, has a
lot of catching up to do in this department. The figures made
public by the McCain campaign, which took in $27 million last
month, came nowhere close to the numbers released by the Obama
camp this week - $51 million in the month of July. According to
the Obama campaign, the Democratic presidential candidate drew
in over 65,000 new donors last month and said it had $65.8
million on hand. Meanwhile McCain had $21.4 million in cash at
the end of July.
But despite the big difference in
monetary support, the betting odds on who is going to be the
next USA President have shifted in a whole new direction.
According to the latest presidential odds released by the online
Bodog, Barack Obama is the favorite to win the
November Elections with odds -220, which is a bit longer than
last month's -240. Meanwhile the odds on John McCain to become
the next President have been shortened to +160, down from the
last month's +175. According to the sportsbook, their
presidential odds are likely to continue changing in the same
direction as the Election Day approaches.