Presidential Odds

In what is likely to be the final update on the betting line on the Presidential election - today President Bush's lead continued to shrink. Earlier in the day the line had shrunk from Bush -$165 and Kerry +$135 to Bush -$150 and Kerry +$120. Now the new line is Bush -$135 and Kerry +$105 (meaning you would have to risk $135 on Bush to win $100 or risk just $100 to win $105 on Kerry).

Keep in mind that in betting a line of -$120 is considered even (bet $120 to win $100 - with $20 going to the "house").

EDIT: What an active line! It's back up to Bush -$150 and Kerry +$120 (meaning you would have to risk $150 to win $100 on Bush or risk $100 to win $120 on Kerry).