Wednesday, September 10, 2008

Presidential Odds

The odds on the US Presidential election have changed. At the time of the RNC - it was:

Barack Obama -$200
John McCain +$140

Meaning you would have to risk $200 on Barack Obama to win $100 or risk just $100 on John McCain to win $140.

Today those odds are:

Barack Obama -$160
John McCain +$120

That means that you would have to risk $160 to win $100 on Obama or risk just $100 to win $120 on McCain. It should be noted that -$120 is even money (the "house" takes $20 as vig). That means that the race for President is inching closer to a dead heat in the only poll I think is worth keeping an eye on.

I fully expect to race to draw even and then have McCain as the favorite sometime within a month.

Odds via Bodog.com

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