Fred Thompson Forces Longer Odds on Rudy Giuliani

All bets are on Fred Thompson, well at least enough to push Rudy Giuliani from 3-1 to 5-1, thus no longer making the one time New York City Mayor a favorite.  This announcement from Sportsbook.com comes in conjunction with the slashing of Ron Paul odds from 8-1 to 6-1.

Fred Thompson opened with 4-1 odds even before his Presidential candidacy was officially announced, however, this is the first time that Giuliani is not listed as the favorite.  John McCain remained with 5-1 odds and Mitt Romney sat with 8-1 odds.  McCain is believed to have enjoyed early action at Sportsbook.com while bets on Thompson now surpass that of Giuliani. 

"Obviously, if you believe the polls and think that Giuliani is leading among Republicans, these are the best payout odds you will find on him to date," said Payton O'Brien, Senior Editor of Gambling911.com. 

Previously Giuliani hit a peak of 3 to 1 odds.  His current payout potential is $500 for every $100 bet.

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Carrie Stroup, Gambling911.com

Originally published October 1, 2007 1:04 pm ET