Why not the make the race for the next President of the United States a little more exciting by putting down some money at online sports book Sportsbook.com with their “US Politics” options?
Currently, Sportsbook.com has the Democratic Candidate Barack Obama as a -200 favorite, while the Republican choice John McCain is a decent underdog at +150.
Early on, Obama had a huge lead in the 2008 U.S. Presidential Race and the odds reflected that. Despite the early poll lead and virtually everyone from Hollywood chanting “Obama”, John McCain has made a huge rebound in the latest polling data. Obviously the numbers will consistently change as we get closer to November, but using the most recent numbers a small wager on McCain seems like great value.
Our handicapping team at theSpread.com pointed out the two most recent numbers from major polling companies:
Gallup Tracking- Obama 45.8% McCain 41.6%
Rasmussen Tracking- Obama 45% McCain 43%
If you factor in the +/- variance, the numbers above are essentially a coin flip. If you were betting a sports event and a game was at a +1/-1, but the money line on the underdog was +175, you would have a huge edge on this wager. Keeping politics out of the race for President, if you plan on betting on politics for the 2008 U.S. Presidential Race, the odds listed at Sportsbook.com on John McCain at +150 is almost a “must bet” scenario using the data available. Remember, the majority of polling comes from citizens living in the United States. Why is this important? Well, when you consider in most elections the majority of absentee ballots and military vote is Republican, we have even more of an edge with the hefty number Sportsbook.com is giving us on the Republican candidate.
Besides betting on the next President of the United States, Sportsbook.com also offers political betting options on the following:
Odds on who will be the Democrat Party:
Odds on who will be the Republican Party: