..

Mideast Arab Uprisings Odds: Over 40% of Gamblers Believe Gadhafi Out by End of April

Written by:
Gilbert Horowitz
Published on:
Mar/28/2011
Gadhafi

With the opposition in Libya now claiming more cities on their march to Tripoli, the gambling public at intrade.com is feeling more confident that Moammar Gadhafi will be toppled prior to April 30, though the percentage of backing is still under 50 percent (41%). 

After falling to around 62 percent two weeks ago, 73.5 percent of the prediction market is now backing Gadhafi’s ouster by year’s end. 

This is among the most wagered on events at intrade.com.

One gambler commented:  “Whoever is selling several thousand dollars worth of shares at 73.8 has sucked all the life out of this market.”

Perhaps the Gadhafis themselves are hedging their bets?

Libyan rebels over the weekend took control of Ras Lanuf and the strategic oil-rich city of al-Brega on Sunday.  Now they have their eyes set on Sirte, Gadhafi’s birthplace. 

"The rebels are making their advance and no one is stopping them. And no one is even talking to them or saying, 'Where are you going?' or 'Why are you taking offensive positions and attacking the Libyan army and Libyan cities?'" Moussa Ibrahim, a Libyan government spokesman, told reporters in Tripoli.

Markets have since opened on other Mideast Arab nation uprisings.  Close to 100 percent of the betting market believes that Yemen’s Ali Abdullah Saleh will leave power by year’s end. 

Bashar al-Assad (President of Syria) (2 Markets) – 33 percent chance of leaving power by year’s end.

Abdelaziz Bouteflika (President of Algeria) (2 Markets) – 18 percent chance of leaving power by year’s end.

Khalifa Bin Salman Al Khalifa (Prime Minister of Bahrain) (2 Markets) – 45.3 percent chance of leaving power by year’s end.

Ayatollah Ali Khamenei (Supreme Leader of Iran) (2 Markets) – 13.3 percent chance of leaving power by year’s end.

Nouri al-Maliki (Prime Minister of Iraq) (2 Markets) – 15 percent chance of leaving power by year’s end.

Mahmoud Ahmadinejad (President of Iran) (2 Markets) – 14.6 percent

Abdullah bin Abdul Aziz Al Saud (King of Saudi Arabia) (2 Markets) – 10 percent

Ali Abdullah Saleh (President of Yemen) (2 Markets) 95 percent chance of leaving power

Abbas El Fassi (Prime Minster of Morocco) (2 Markets) – 0 percent chance at this time.

Gilbert Horowitz, Gambling911.com

Follow us on Twitter for all the latest breaking gambling news

Follow us on Facebook.  Become a fan here.

Politics News

Debate Odds Against Trump Saying BLM, Denouncing White Power and Wearing a Mask

Debate Odds Against Trump Saying BLM, Denouncing White Power and Wearing a Mask

The second and final Presidential Debate is here, and the oddsmakers have put together some intriguing prop bets for the show(down).

Iowa Senate Race: Theresa Greenfield Still Pays Even Odds as Race Tightens

Theresa Greenfield is just one of the Senate candidates gaining ground on the incumbant.  Greenfield pays Even odds as sitting Republican Senator Joni Ernst remains the -140 favorite to win the Iowa Senate race.

Trump +160 as Campaign Goes Into Full Fledged Panic Mode

Trump +160 as Campaign Goes Into Full Fledged Panic Mode

US President Donald Trump is coming in at +160 odds to win a second term.  The payout is $16 for every $10 bet.

Tons of Trump Money...Then That $40K on Biden

Tons of Trump Money...Then That $40K on Biden

We had a nice little story yesterday on the controversy regarding media companies publicizing "big bets", then our friend Dave Mason of BetOnline comes long with this little diddy about a $40,000 bet placed on former VIP and Democratic candidate for President of the US Joe Biden. 

2024 Presidential Odds Up Already: Harris Favored 3-1

2024 Presidential Odds Up Already: Harris Favored 3-1

We still haven't reached November 3, but oddsmakers are already predicting who will come out on top in 2024.

Syndicate