Presidential Odds

The betting line on the Presidential race continues to be a roller coaster ride. Today Bush is at -$165 and Kerry +$135 (meaning you would have to risk $165 on Bush to win $100 or risk just $100 to win $135 on Kerry). Just yesterday the line was Bush -$145 and Kerry +$115. Thursday the line was also Bush -$165 and Kerry +$135. The line Monday was Bush -$175 and Kerry +$145.

It seems like -$165 / +$135 is about the level although Osama's new video may have bumped up Bush's odds. It should be noted that Bush has always been the favorite in this race. The closest the line has been was even just after the DNC but that only lasted a couple of days.