Joe Biden Money Too Much for Online Gambling Websites
Sportsbook.com and others began pulling down odds for the Democratic Vice President pick Thursday on word that Joe Biden is a "virtual lock" to be selected by Barack Obama.
Speculation is increasing that Barack Obama's choice for vice president will be foreign policy expert Joe Biden.
If Mr Biden is selected as a running mate it would underline Democratic fears that Mr Obama's inexperience in world affairs is costing him votes.
The VP choice was a difficult one for Obama, a source close to the Illinois senator tells CNN's Gloria Borger.
Specifically Obama was "very hung up on the experience versus change," the source said, and how his message of change may conflict with a longtime Washington insider.
The source doesn't know who Obama ultimately chose, but confirms Sens. Joe Biden and Evan Bayh, along with Virginia Gov. Tim Kaine are all in the running.
With substantial money pouring into Sportsbook.com on Biden, it was time to close the bet, a spokesperson for the company told Gambling911.com.
Sportsbook.com will be offering a state-by-state "action" platform leading up to the 2008 US Presidential Elections which should give a very clear picture of which states will go to Obama and which to Senator John McCain. The platform will measure betting volume for each candidate per state and presented on the Gambling911.com website.
Sportsbook.com still had their Republican vice presidential odds up:
Bill Frist +3000
Bobby Jindal +2000
Charlie Crist +600
Chris Cox +1000
Chuck Hagel +4000
Condoleeza Rice +1000
Fred Smith +3000
Haley Barbour +2000
Joe Lieberman +1500
John Kasich +2000
Kay Bailey Hutchinson +2500
Lindsay Graham +1000
Mark Sanford +1200
Mike Huckabee +600
Mitt Romney +125
Rob Portman +1500
Rudolph Giuliani +2000
Sarah Palin +500
Tim Pawlenty +300
Tom Coburn +2500
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Carrie Stroup, Gambling911.com Senior Reporter
