PDA

View Full Version : Ladbrokes bookmakers taking a stand against Obama

horses4courses
06-01-2012, 08:24 PM
The US Presidential race is a long standing betting market for the Euro books.
For the past several months, it's been evident that one of the major firms, Ladbrokes, have been shading Mitt Romney and offering the best odds of anyone on Obama. They are looking to take money on the President, and don't seem to be taking much action on him.
Currently, you can put up $1.62 to win $1 on Obama with Ladbrokes.
With other companies, you can make a $1.75 profit on every dollar risked on Romney.
Therefore, the market is such that you could bet both candidates and make a profit on either - provided one of them is the next President.
Ladbrokes are taking a stand against Obama. Will it pay off?

http://www.oddschecker.com/specials/politics-and-election/us-presidential-election/winner
pandy
06-01-2012, 10:00 PM
Interesting, good post.
horses4courses
07-16-2012, 10:46 PM
Well, all that -1.50 on Obama to be re-elected disappeared.
He is mostly -2.00 now, with a little -1.90 left with a couple of books.
Ladbrokes must have taken a hit on the President....they are the shortest odds of anyone right now.
They took a stand for a while, and got some action.

Romney does not have many friends in this betting market.
Of course, he will get a little play around GOP convention time. Or, will he?


The odds are saying " 4 more years", guys......

http://www.oddschecker.com/specials/politics-and-election/us-presidential-election/winner
DJofSD
07-16-2012, 10:59 PM
Never tell me the odds!

--HAN SOLO, Star Wars Episode V: The Empire Strikes Back
Valuist
07-16-2012, 11:06 PM
Intrade also had healthcare being overturned at 77%. The favorite doesn't always win.
NJ Stinks
07-17-2012, 01:27 AM
Looks like Mack is gonna clean up. ;)
bigmack
07-17-2012, 01:34 AM
Looks like Mack is gonna clean up. ;)
It's a classic tale between those who are EXTREMELY NAIVE AND DOWNRIGHT DUMB and those with a modicum of intelligence.

Good luck to you & all your dummies. Too bad for me there's so many of you.

http://i165.photobucket.com/albums/u70/macktime/USNationalDebtClock-RealTime.png
NJ Stinks
07-17-2012, 01:47 AM
It's a classic tale between those who are EXTREMELY NAIVE AND DOWNRIGHT DUMB and those with a modicum of intelligence.

Good luck to you & all your dummies. Too bad for me there's so many of you.



Is the above something like Henry Clay's "I'd rather be right than president"? :lol: