Obama Still Hovering Close to 1 to 4 Odds to be Re-Elected US President

While his odds were slashed around a half a point since last week, US President Barack Obama continues to be a heavy favorite over GOP nominee Mitt Romney to win next month’s Presidential race.

Sportsbook.com had Obama at -360 odds, which would require a $36 bet to win $10 (with the $36 refunded should Obama be re-elected for second term).  Romney would pay out $28 for every $10 bet. 

Recent polls have found Obama up 4 percent nationally while winning all of the critical swing states, though Sportsbook.com still has Romney a 1/2 favorite in North Carolina.

Obama leads Romney 56 to 38 percent among women and by 94 to 2 percent among African-Americans. Romney holds the edge among men, 52 to 42 percent, and among white voters who back him, 53 to 42 percent.  Romney also holds a slight edge over Independents, according to TheHill.com. 

- Carrie Stroup, Gambling911.com Senior Reporter