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Online Bookies Back Barack Obama in US Election - 02-15-08 |
February 15 - Contrary to their name, online sportsbooks accept bets on the
outcome of just about anything, including US politics. And by all accounts, the
majority of online sportsbooks are punting Senator Barack Obama to win the
Democratic nomination for President over party rival, Senator Hillary Clinton.
Both Senators are currently hot on the
campaign trail with the objective of drumming up as many votes as possible to
win the coveted Democratic party nomination. Winning this will put them in the race
for the Presidential elections, and potentially take them all the way to the White House.
According to a number of leading online sportsbooks, Obama is expected to
trounce Clinton in the upcoming primaries (primary elections), even in Ohio and
Texas, two of the states that Clinton is thought to have her hopes riding on.
Obama is also the odds-on favorite to be elected President in November this
year.
For instance, leading online gambling website, Bodog, is offering odds on who
will be named Democratic candidate for the 2008 US Presidential Election. As of
today, Bodog is offering odds of 3.33 for Clinton and 1.27 for Obama.
As to who will be named Republican Candidate for the 2008 US Presidential
Election, Bodog has John McCain at 1.02, Mike Huckabee at a 21.00, and Ron Paul
at 101.
Bodog even has a line on who will become President of the United States. Hillary Clinton is
sitting at 5.00, John McCain at 2.75, Barack Obama at 1.71, Mike Bloomberg at
61.00, Mike Huckabee at 61.00, and Ron Paul at 151.00.
In terms of the favorites, most online sportsbooks are predicting that Obama has
50 percent chance of becoming the next President, while John McCain has a 34
percent chance, and Clinton a 17 percent chance.
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