Saturday, October 09, 2004

Presidential Odds

I thought for sure that Bush won the debate last night but the odds makers must feel otherwise.

Yesterday the odds were Bush -$170 and Kerry +$140 (meaning you would have to risk $170 to win $100 on Bush or risk just $100 to win $140 on Kerry). Today the line has dropped to Bush -$160 and Kerry +$130.

Please note that -$120 is considered even money (the $20 goes to the house as "vig"). The last time the betting line was at "even" was right after the DNC in Boston.

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