Presidential Odds

Yikes! Yesterday I said that I didn't think that the betting line would deviate much over the final six days and today I see it has moved a great deal.

The new line is Bush -$145 and Kerry +$115 (meaning you would have to risk $145 on Bush to win $100 or risk just $100 to win $115 on Kerry). Just yesterday the line was Bush -$165 and Kerry +$135. The line Monday was Bush -$175 and Kerry +$145.

The line seems to be inching toward a dead-heat - which on the betting line would be -$120 for both Bush and Kerry (bet $120 to win $100 with $20 going to the house as "vig"). The last time (and only time) the line was even was just after the DNC in early August.