Thursday, June 21, 2007

Odds to Win 2008 Democratic Presidential Nomination

Here are my best estimates at the odds for the top Democratic Party candidates to win their party's nomination for President.

Hillary Clinton - Even Money
Barack Obama - 5 to 2
John Edwards - 7 to 1
Bill Richardson - 25 to 1
Joe Biden - 40 to 1
Field - 50 to 1

The Field bet would include candidates such as Chris Dodd, Al Sharpton, Mike Gravel, Dennis Kucinich and non-announced potential candidates like Wesley Clark and Tom Daschle.

Not sure what the odds would be on Evan Bayh or Mark Warner if they decided to run but the odds on Al Gore if he decided to jump into the race would be 5 to 1. Evan Bayh and Warner could be the real darkhorse candidates if either changed his mind about running.

I fully expect the odds on John Edwards to increase and the odds on Bill Richardson to drop. Joe Biden might as well be part of the field bet when you consider his chances of winning the nomination. The odds were arrived at by looking at odds at various off-shore betting houses with the compilation at Oddschecker.com being especially helpful.

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