..

Gaddafi Odds of Leaving Power Now at 70 Percent

Written by:
Gilbert Horowitz
Published on:
Mar/22/2011
Gaddafi Odds

The betting public at intrade.com has pushed Muammar al-Gaddafi’s odds of losing power in Libya by year’s end to 70 percent as the dictator becomes more and more defiant while a coalition force “no fly zone” is enforced.

Gaddafi made his first televised appearance since the bombing mission began.

Late Tuesday, the Libyan leader unleashed one of his more vitriol rants. 

"We shall not surrender and we shall not fear passers by. We jeer at their missiles. These are passing missiles.

"In the short term, we will beat them. In the long term, we will beat them.

"The most powerful air defence, the most powerful air defence is the people. Here are the people. Gaddafi is in the middle of the people. This is the air defence.

"I do not fear storms that sweep the horizon, nor do I fear the planes that throw black destruction. I am resistant, my house is here in my tent... I am the rightful owner, and the creator of tomorrow. I, I am here! I am here! I am here!"

But for just how long? 

The prediction market has expressed slow optimism that Gaddafi will be gone in the coming months.  The likelihood had dropped below 70 percent early last week to around 60 percent. 

Secretary of State Hillary Clinton told ABC News Tuesday that those claiming to be close to Gaddafi were reaching out to other nations asking for an “escape strategy”.

- Gilbert Horowitz, Gambling911.com

 

Gambling911.com has been serving the gambling community with news around the clock since September 2000.

Follow us on Twitter for all the latest breaking gambling news

Follow us on Facebook.  Become a fan here.

Politics News

 Trump v Biden: The Bookmakers' $1 Billion Election

Trump v Biden: The Bookmakers' $1 Billion Election

Even before Election Day, some $1 billion has been wagered on the US Presidential race around the world.

Texas Early Voting Exceeds Total of All 2016 Ballots

Texas Early Voting Exceeds Total of All 2016 Ballots

Texans have already cast more ballots in the presidential election than they did during all of 2016, an unprecedented surge of early voting in a state that was once the country’s most reliably Republican, but may now be drifting toward battleground status.

Like 2016, Big Bets Rolling in on Trump Ahead of Election Day

Like 2016, Big Bets Rolling in on Trump Ahead of Election Day

Online gambling company BetOnline.ag is reporting that it is seeing similar betting patterns on next week's election outcome that it did in 2016, and that it stands to lose millions if Donald Trump pulls off another upset.

Trump Biden Election Betting Florida

Trump Biden Election Betting Florida

You can bet this year's General Election at BetOnline.  GOP candidate and current US President Donald Trump is a -140 favorite.  Democratic candidate Joe Biden pays $12 for every $10 bet.

FanDuel's Bet The Ballot game vs. Real Money Election Betting

FanDuel's Bet The Ballot game vs. Real Money Election Betting

With many US states prohibiting their own sportsbooks from accepting Election bets, FanDuel has launched its FREE "Bet the Ballot Game". 

Syndicate