Written by :
Published on :
Gambling911.com has US President Barack Obama’s approval rating odds to stay above 30 percent, at least through December 31.
The odds of Obama’s approval rating falling below this number were set at 3/1 and above that number 1/3. Nevertheless, they were sinking faster than anything we have seen during his time in office due mainly to a botched rollout of the Affordable Healthcare Plan (or Obamacare) that has seen millions of people lose their current insurance coverage, not to mention the Healthcare.gov website has failed to work properly since its launch on October 1.
An NBC/Wall Street Journal survey two weeks ago had the President’s approval rating sitting at 42 percent. Up until recently, his approval rating has hovered around the 50 percent mark.
Last week, Pew Research put Obama at 41 percent and by Wednesday, Quinnipiac University had him at 39 percent, a new low.
(see also: Obamacare Odds on November Enrollment Numbers)
The President admitted to flaws in the rollout of Obamacare during a press conference on Thursday.
“I do make apologies for not having executed better over the last several months. Am I going to have to do some work to rebuild confidence around some of our initiatives? Yes.”
In addition to the website glitches, Obama had promised Americans that if they liked the health insurance they already had, they could keep it. That promise has not come to fruition, however.
The Democrats remain favorites to win the White House again in 2016 at -140 compared to +120 for the Republicans.
- Gilbert Horowitz, Gambling911.com
