Presidential Odds

The odds on the Presidential race had a little movement today. The new odds are Bush -$175 and Kerry +$145 (meaning you would have to risk $175 on Bush to win $100 or risk just $100 to win $145 on Kerry). The line yesterday was Bush -$170 and Kerry +$140.

Just a reminder - Kerry has never been favored in the betting line. The closest he's come is right after the DNC when the odds had both Kerry and Bush at -$120 (this is considered dead-even in betting - you would bet $120 to win $100 with $20 going to the house as "vig").