Presidential Odds

The only poll I pay attention to in regard to the Presidential election is the betting line.

Two days ago the betting line (via Bodog.com) increased from -$250 on President Bush and +$200 on John Kerry (this means that you would have to risk $250 to win $100 on Bush but just risk $100 to win $200 on Kerry) to -$255 for Bush and +$205 for Kerry.

Today Bodog.com has dropped the odds considerably. The new odds are Bush -$195 and Kerry +165 (meaning you would have to risk $195 on Bush to win $100 or risk just $100 to win $165 on Kerry).

Another one of the boards I check is via the World Sports Exchange (warning the address of www.wsex.com may be NSFW). Today they have Bush at -$200 and Kerry at +$160.

The drop in odds is excellent if you can put some cake on Bush because this is as close to a sure thing that you can get. Kerry got a momentary drop in odds but look for them to go back up in the near future (maybe back to Bush -$250).

The World Sports Exchange also has Bush a big favorite to win Florida (Bush -$190 / Kerry +$155) and an even bigger favorite to win Ohio (Bush -$240 / Kerry +$195).