The U.S. Presidential Race
There’s no doubt that voting is just like gambling and politics is a sport so it’s of little surprise that popular online sports books are taking bets on the next President of the U.S.. You can’t predict an absolute future so when you vote – just like in poker – you’re taking in all the information you can and deciding to shove all your chips in on a certain hand slash candidate. The passive equivalent is putting all of your chips on red or black and hoping the roulette spin pays off. Most of the sports books like Bodog Sports Book have Barrack Obama favored over John McCain. The moneyline is -200 for Obama and +140 McCain. So if you subscribe to *change you can believe in,* you’ll need to wager $200 to win $100. If you’re voting McCain – you’ll win $140 on a $100 bet. According to Internet reports: - betting on the 2008 White House race is up considerably up over the 2004 Prez election and according to the same reports, that election was the most wagered non-sports event in history. I’m not sure the last fact can be supported since Presidential betting used to be a big deal in the 1800s and into the 20th century, but it shows that you can actually vote with your wallet. Most of the other political wagering like party V.P. picks is closed, but the odds are still up for the GOP could-be vice-prez candidates. Bodog has former GOP presidential candidate Mitt Romney at 5/2 as the clear favorite and Minnesota Governor Tim Pawlenty is next at 3/1. Alaska Governor Sarah Palin and Florida Governor Charlie Crist tied for bronze at 7/1.  I’m verry surprised Hillary Clinton isn’t at least up on the boards at 1000/1 or something long shot for a GOP V.P. spot. Well Well ……..Stranger things have happened!!