Barack Obama Odds Slashed

AddThis Social Bookmark Button Good news Thursday for 2008 Presidential hopeful Barack Obama as the largest North American facing online betting firm, Sportsbook.com, slashed odds on the Illinois Junior Senator.

The news came just as Carrie Stroup of Gambling911.com advised that Sportsbook.com (see website here) had assigned longer odds of Clinton becoming US President on Thursday.

"Whereas before yesterday you could bet $100 to win $600 on Obama, now you would win only $350 on a $100 bet," Gambling911.com resident political betting analyst, Carrie Stroup, reports.  "That is a pretty dramatic slashing of the odds."

The newly slashed odds come on the heels of a somewhat highly publicized gaffe by Obama wherein he claimed 10,000 people had been killed by this past Friday's late night tornado in Greensburg, Kansas.  He was only off by 9,888 as there were 12 people killed.

"We hardly see this mistake as being detrimental to his campaign," says Stroup.  "But there will be those who start wondering what other types of exaggerations Barrack Obama might make during his Presidency.  Obviously, any little gaffe or lack in judgment is going to cost a candidate some votes."

Meanwhile, it was announced Thursday that News Corp.'s MySpace, a social-networking Web site, announced plans to host a Presidential Town Hall series that it said will let candidates engage with members of its online community.

Users will be able to submit questions on MySpace instant messenger and watch a Web cast of the events to be held on college campuses from September through December, the site said in a statement today. Candidates will appear individually, not together.

"Our users will have the chance to get direct answers to the questions they want to ask — unfiltered," Chris DeWolfe, chief executive officer of MySpace, said in the statement.

Democratic presidential candidates planning to participate include Senators Hillary Clinton of New York, Barack Obama of Illinois and former North Carolina Senator John Edwards, according to MySpace.

Former New York Mayor Rudolph Giuliani, Senator John McCain of Arizona and former Massachusetts Governor Mitt Romney are among the Republican candidates who have said they will take part, MySpace said. Twelve candidates in all have agreed to appear, MySpace said.
 

----

Alejandro Botticelli, Gambling911.com

Originally published May 10, 2007 7:27 pm ET