Presidential Odds

The odds on the Presidential race tighten some more. Today the odds are Bush -$170 and Kerry +$140 (meaning you would have to risk $170 on Bush to win $100 or risk just $100 to win $140 on Kerry). The betting line on the race for the Presidency has been very active lately. Thursday Kerry closed the gap a bit (maybe due to the Red Sox big win over the Yankees?) to Bush -$185 and Kerry +$155 . Wednesday the line was Bush -$200 and Kerry +160. Tuesday the line was Bush -$170 and Kerry +$140. The day before the line was Bush -$155 and Kerry +$125.

The line today is back to where it was on Tuesday. Very active line. Not sure what it means.