Sunday, October 17, 2004

Presidential Odds

As it stands right now - President Bush continues to be a strong favorite for re-election. The betting line on the election has Bush the favorite at -$155 and Kerry at +$125 (this means you would have to risk $155 to win $100 on Bush or risk just $100 to win $125 on Kerry).

The line was at Bush -$150 and Kerry +$120 on Wednesday and it moved to the current line on Thursday (which means that the casinos at least saw the third debate as a slight Bush victory). It is also interesting to note that Bush is the favorite in the two biggest battle states - Florida and Ohio.

In Ohio - Bush is a -$150 to +$125 favorite over Kerry and in Florida Bush is a big -$200 to +$160 favorite.

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