..

John McCain Still Just Shy of 40 Percent Chance to Win Says Prediction Market

Written by:
C Costigan
Published on:
Sep/05/2008
John McCain

By most accounts, the Republican Senator out of Arizona, John McCain, delivered an inspiring speech at Thursday night's closing of the Republican Convention in Minneapolis. McCain is challenging Illinois Senator Barack Obama to take over the White House this November.

Since the conventions started, the odds have hardly changed even with the much anticipated announcement of each man's running mate.

Alaska Governor Sarah Palin has drawn unprecedented media attention - albeit not all good. Her Wednesday night speech was widely heralded as one that likely helped unite the Republican party and, in particular, the conservative base.

McCain's speech was more subdued, less theatrical in its delivery and he provided a glimpse into his plan for fixing the US economy and the current ill-fated health care system.

McCain, a POW and true American hero turned political rebel, vowed Thursday night to vanquish the "constant partisan rancor" that grips Washington as he launched his fall campaign for the White House. "Change is coming," he promised the roaring Republican National Convention and a prime-time television audience.

"Fight with me. Fight with me. Fight with me. Fight for what's right for our country," he said in a convention crescendo.

By the end of his speech and heading into the wee hours of Friday morning, McCain still held just shy of a 40 percent chance of winning the US Presidency based on numbers found at the online prediction market, Intrade.com. At BetCRIS.com - arguably the sharpest of online bookmakers due to its huge ensemble of professional clientele - the news was slightly better for McCain where Obama slipped back down to a -195 favorite from -205. McCain would pay $150 for every $100 bet.

BetCRIS CEO Mickey Richardson predicted two weeks ago that McCain would become the next President of the United States. That same day Richardson accepted a $20,000 bet on McCain to win. He also correctly predicted Joe Biden as Obama's running mate.

It remained to be seen the true impact of McCain's heartfelt speech.

52 percent of those polled at AOL.com rated McCain's speech as "Excellent" and another 19 percent as "Good". Only 16 percent rated it poor. More than 26,000 votes were calculated by midnight, two hours after the speech had concluded.

McCain appears to have won over countless new supporters following his speech with 64 percent saying their opinion of the GOP candidate had changed for the better.

Politics News

2024 US Presidential Odds: Gavin Newsom vs. Ron DeSantis

2024 US Presidential Odds: Gavin Newsom vs. Ron DeSantis

California Governor Gavin Newsom ran an advertisement campaign in Florida over the Fourth of July weekend to encourage Floridians to move to his state.

Warnock Up 10 Points, BetOnline Still Has Him at a Good Price

Warnock Up 10 Points, BetOnline Still Has Him at a Good Price

Also there are signs Republican Ron Johnson is becoming more vulnerable in Wisconsin, though he's still a small favorite to win.

Howard Stern Odds to be President 2024: Says He Wants to Run

Howard Stern Odds to be President 2024: Says He Wants to Run

Howard Stern says he wants to run for President of the United States (in 2024) "to overturn this bullshit".  The reference was to the U.S. Supreme Court overturning Roe vs. Wade.  Betonline opens at 250-1 odds.

Secret Service Agents Prepared to Testify Trump Didn't Try to Commandeer Limo

Secret Service Agents Prepared to Testify Trump Didn't Try to Commandeer Limo on Jan. 6: Latest Odds

A former aide to former White House chief of staff Mark Meadows testified that "the president reached up towards the front of the vehicle to grab at the steering wheel. Mr. Engel grabbed his arm, said, “Sir, you need to take your hand off the steering wheel. We’re going back to the West Wing. We’re not going to the Capitol.”

What Will Happen to Trump's 2024 Odds Following Shock Hutchinson Testimony?

What Will Happen to Trump's 2024 Odds Following Shock Hutchinson Testimony?

Cassidy Hutchinson testified before the Committee that former President Donald Trump wanted metal detectors removed.....after being told attendees were carrying weapons.

Syndicate