Michigan Primaries Betting Odds Stay Steady Despite Poll Numbers

The polls may suggest that Barack Obama is dramatically catching up to Hillary Clinton in the Michigan Presidential primaries, but the online oddsmakers are yet to budge with either party.

On the Democratic side of things, Clinton continues to be listed as the huge -1600 favorite while Obama was at +750 odds (for a $750 payout with every $100 bet).  John Edwards was a huge +4000 longshot. 

Mitt Romney was listed with even odds among Republicans while John McCain was still slightly favored at -140.  Mike Huckabee had odds of +400.  Rudy Giuliani was at +2000.  Ron Paul was at +2500 and Fred Thompson was a long shot to win with +5000 odds. 

A Washington Post Poll shows major movement among frontrunners. On the Republican side, John McCain has surged to 28% percent, all but doubling former frontrunner Rudy Giuliani who is now at 15% percent. John McCain said, "I take these positions after years of experience because I believe it's best for the Country and the American people."

Among democrats Hillary Clinton has slipped: 42% percent to barrack Obama's 37% percent. The poll was taken before a firestorm over the Clinton's and race. Former president Bill Clinton, accused of a racist comment about Obama had the Senator defending her own comment that some say disrespected dr. Martin Luther King. She blames Obama's campaign for unfairly using it against her.

Senator Hillary Clinton, during a Meet the Press interview said, "They've been putting out talking points, they've been making this, they've been telling people in a very selective way what the facts are."

But Senator Obama denies responsibility saying, "She made a distorted statement saying that Lyndon Johnson had more to do with the Civil Rights Act. I did not make that statement. I have not commented on that statement."

You can bet on this event here at BetUS.com

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Christopher Costigan, Gambling911.com Publisher CCostigan@CostiganMedia.com

Originally published January 14, 2008 2:53 pm EST