2008 PRESIDENTIAL ELECTION BETTING ODDS
Betting on Presidential Elections is nothing new. For as long as there have been elections, there have been odds posted on the results. Some of the most famous gamblers ever made their biggest scores betting on presidential elections. Names like Arnold “the big bankroll” Rothstein and Jimmy The Greek Snyder are among the names that come to mind. Details of their election betting have been written about in books about them for years.
The beauty of election betting is that it’s open to a wide audience. Not everyone likes football or basketball, but everyone has an opinion about politics. Betting on presidential elections can be thrilling, especially when the election is close. There are all kinds of opportunities for the savvy bettor.
Such was the case in 2004 in the race between George Bush and John Kerry. On election day the election was up in the air all day and the odds shifted drastically literally by the hOur. Exit polls incorrectly predicted Kerry as the winner and those bettors betting as a result of the exit polls caused drastic shifts in the odds. When the official returns started coming in and it became evident that the polls might me wrong, it caused another drastic shift in the odds.
Betting was fast and furious especially on the betting exchanges and most sportsbooks kept updating their odds and kept taking bets well into the night. Sharp bettors were able to put themselves in no lose positions by betting both sides. For example, taking Bush at +150 and then taking Kerry at +150 when the odds swung.
If the 2008 presidential Election is anything close to the 2004 race, betting on it will once again be a thrilling experience. Below are the current odds on the 2008 presidential election.
ELECTIONS PARTY ODDS TO WIN THE PRESIDENCY
REPUBLICAN PARTY +125 –
DEMOCRATIC PARTY -155
ANY OTHER PARTY +5000
DEMOCRATIC CANDIDATE ODDS
HILLARY CLINTON +375
BARACK OBAMA -675
THE FIELD +2200
2008 PRESIDENTIAL ELECTION -WINNER ODDS
HILLARY CLINTON +550
BARACK OBAMA -155
JOHN MCCAIN +125
THE FIELD +2500
WILL H.CLINTON DROP OUT OF THE DEMORATIC RACE
BETWEEN APRIL 22TH AND MAY 6TH +200
BETWEEN MAY 7TH AND MAY 13TH -350
BETWEEN MAY 14TH AND MAY 20TH +200
BETWEEN MAY 21ST AND JUNE 1ST +120
BETWEEN JUNE 2TH AND JUNE 3TH +225
BETWEEN JUNE 4TH AND AUGUST 30TH -285
SHE WILL NOT DROP OUT OF THE RACE -110