Thursday, August 24, 2006

Bad News for Ned Lamont

I'm not a big fan of political polls because so often they are not just wrong but way off. However, I do have great respect for Vegas betting lines because the people coming up with the line are literally putting their money where their mouths are.

The latest line regarding Joe Lieberman winning re-election as Senator from Connecticut but as an Independent candidate are:

YES [winning the election] -$260
NO [losing election] +$175

That means you would have to risk $260 to win $100 betting on Lieberman or risk $100 to win $175 on Lamont. For perspective - that is the type of line you would see if Notre Dame played Temple in football.

As an aside - my spell check wants me to change "Lamont" to "lament". It may have a point since there would be much lamenting if you bet on Lamont.

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