If Obama Wins 36 Or More States….Cha Ching for Gamblers
Online gambling website Sportsbook.com has placed odds of 5/1 (+500) that the Democratic party and US Presidential candidate Barack Obama will take 35 states or more.
In addition to those states already listed as Democratic strongholds, Obama would need all the swing states and a few that are slightly leaning towards Republican, including Republican candidate John McCain's own state of Arizona.
Another good bet might be 21 to 25 states, which pays $300 for every $100 bet. At press time, there were approximately 25 states leaning towards a Democratic win. Sportsbook.com has incorporated its odds more on its own electoral map which shows how people from each state are betting. Many more in what is believed to be Democratic strongholds of the Northeast are betting on McCain at pretty significant clips, though it should be pointed out that total wagers were taken long before Obama was even considered a favorite to beat Hillary Clinton. McCain was an early 5/1 favorite at Sportsbook.com to be nominated as the GOP candidate long before his campaign faltered last year and he was written off as "dead".
Sportsbook.com maintains the highest customer volume of any North American facing online sportsbook and political prediction market. You can find this bet option under the EXOTICS tab on their website.
Christopher Costigan, Gambling911.com Publisher