New Unemployment Rate Numbers Could Boost Obama Odds

Submitted by Carrie Stroup on

Written by :

Carrie Stroup

Published on :

Just when you thought GOP nominee Mitt Romney was starting to make some headway in the US Presidential race, jobless numbers released Friday took a sharp and unexpected decline, the lowest they have been in four years.

Sportsbook-250A.jpg

The unemployment rate fell to 7.8 percent in September, falling below 8 percent for the first time since President Barack Obama's inauguration.  Overall, the Department of Labor report suggested the job market may be getting stronger but remains sluggish.

Romney’s stock rose among the gambling public by 30 percent following his highly praised Wednesday night Presidential debate performance. 

Sportsbook.com maintained Obama’s odds at -260, however.  Obama winning the US Presidential election next month is the single most wagered on option currently featured on the popular betting site

- Carrie Stroup, Gambling911.com Senior Reporter  

Related Content

Live Gambling News, Top Trending: Updates 24/7 - Wednesday June 24 2026

Live Gambling News, Top Trending: Updates 24/7 - Wednesday June 24 2026

BetDSI Bookmaker Merger - FIFA World Cup - Laughlin Casino Jackpot - Giannis Trade
BetDSI Merges With Bookmaker.ag

BetDSI Merges With Bookmaker.ag

Long established BetDSI.com has merged with Bookmaker.ag, it was announced on Tuesday. 

PPH World Cup Game Prop Bets - South Africa vs. South Korea

PPH World Cup Game Prop Bets - South Africa vs. South Korea

Winner likely takes all in Wednesday's South Africa vs. South Korea match.
Live Gambling News, Top Trending: Updates 24/7 - Tuesday June 23 2026

Live Gambling News, Top Trending: Updates 24/7 - Tuesday June 23 2026

Brendan Sorsby - Giannis Traded to Heat - Special Olympics Betting - FIFA World Cup - Oneida Casino Shooting - $13 Million Lost Bet at Polymarket - Tuesday Primaries Odds