The odds on Rudy Giuliani take a slump

A man surrounded by drug and sex scandals, the odds on the former NY Mayor Rudy Giuliani are taking a dive for the 2008 Presidential Elections.

The odds on Rudy Giuliani take a slump Another punch under the belt of the former Ney York Mayor Rudy Giuliani, blown by the D.C. Madam, by revealing the name of Sen. David Vitter (R-LA) among her many clients. David Vitter is Rudy Giuliani’s Southern Regional Chair. Or it may have been - after the scandal today resignations are expected, as usual.

But to be honest, although Rudy Giuliani has held a strong position for the 2008 Presidential Elections, it turns out that he is the one beating himself up. First, it was the South Carolina Treasurer Thomas Ravenel, who was indicted on federal cocaine charges. Ravenel was the state chairman for Rudy Giuliani's presidential campaign. Now another chair of his Southern Campaign is down, this time for prostitution.

The South has always been the most conservative part of the country, and it was a stronghold for all the Republican Candidates, especially Rudy Giuliani. But when your "main men" are involved in scandals of drugs and sex, you are bound to loose all the support.

Giuliani came out today to address the Vitter involvement in the D.C. Madam ring, and his defense was - there would be bad apples. That would be fine, if the names involved in the libels were average aides to the former mayor. But when your Chairmen are running around doing drugs and sleeping with women other than their wives, the support of the Republican Party will slowly wind down. And no statements against marijuana can help you, while one of your top South Carolina men is charged with cocaine possession and distribution; "I believe the effort to try and make marijuana available for medical uses is really a way to legalize it. There's no reason for it," Giuliani said in New Hampshire recently.

The bookmakers are quick to catch up on the Rudy Giuliani (intentional or not) choice of campaign organizers. The odds on Giuliani to win the 2008 Presidential Elections are now slashed down to 5/1 by the online bookmaker Bodog Sports (new window), after Rudy enjoyed months of 3/1 bets on his victory. He remains a leader of the Republican Candidates, with odds 3/2, but Fred Thomson is catching up to the former NY Mayor, odds on Thomson - 2/1 among the Republicans, and 6/1 overall to win the Elections. Hilary Clinton remains the favorite of the sportsbooks with odds 2/1, followed by Barack Obama with odds 9/2.

We recommend steering away from betting on Rudy Giuliani for a while, as we have no idea who else did he hire, and for what kind of mischief would they appear in the headlines.

Published on 07/10/2007