..

The Odds of Mubarak Stepping Down Gain Attention

Written by:
Gilbert Horowitz
Published on:
Feb/10/2011
odds on Mubarak

With much anticipation and bated breath, Egyptians waited hours for Hosni Mubarak to announce he would be resigning.   Instead, the nation’s troubled leader declared he had no intentions of relinquishing power.

Bookmaker.com last week released odds on Hosni Mubarak resigning and ultimately leaving the country.

The oddsmakers were not necessarily as confident of such a transition as the Obama Administration.

Even odds were posted,” notes Payton O’Brien, Senior Editor of the Gambling911.com website.

The odds gained national mainstream media attention this week when Newsweek featured the Bookmaker.com prices in a cover story on the topic.  “It was looking as if those with money on the resignation could cash out late Thursday but that hasn’t happened.”

Bookmaker.com has since taken down its odds on the Mubarak resignation, still believing that at some point this will be imminent. 

From CNN International late Thursday Eastern Standard Time:

The recent trends of labor unions and professionals such as doctors joining the mass street protests signaled to the Egyptian military that Mubarak's hold on power seemed untenable and endangered the good standing of the armed forces itself in Egyptian society, analysts said.

"The military had to ask itself, 'Are we going to go down with Mubarak?' " said William Quandt, a professor of politics at the University of Virginia and a National Security Council staff member in the 1970s who was involved in the Egyptian-Israeli peace treaty. "The military said we are the backbone of the regimes, and we are pretty popular with the people."

- Gilbert Horowitz, Gambling911.com

Politics News

Odds Favor Trump in Electoral Vote But Not Popular

Odds Favor Trump in Electoral Vote But Not Popular

The odds suggest a repeat of the 2016 Election, but just slightly. 

State-by-State Breakdown of Democratic Frontrunners Post New Hampshire

State-by-State Breakdown of Democratic Frontrunners Odds Post New Hampshire

The old adage says to bet with your head, not your heart. And some Americans are doing just that, according to data collected by one online bookmaker.

Trump's Reelection Odds Improve While Bloomberg Jumps Biden

Trump's Reelection Odds Improve While Bloomberg Jumps Biden

Following the State of the Union address and the uneven Iowa caucus results, President Trump's chances to be reelected have increased, at least according to the oddsmakers. 

Political Betting - US Presidential Odds: Trump Odds See Shift Following SOTU Address

This blog focuses on US Presidental betting odds and news. 

Mayor Pete, Bernie Sanders Pull Away in Iowa: Latest Odds

South Bend Mayor Pete Buttigieg has finished strong in the Iowa Caucus following Tuesday's debacle as results began trickling in 24 hours later.   The payout would be $80 for every $10 bet to win the Democratic nominee. 

Syndicate