..

Paddy Power Already Pays Out On Republicans

Written by:
Aaron Goldstein
Published on:
Oct/28/2010
Republicans

 

One Irish bookmaker won’t be waiting for Election Day to make payouts on U.S. House of Representative wagers.  Paddy Power, Ireland’s largest bookmaker, has already determined that the Republicans will be the big winners. 

"In our opinion this race is well and truly over with nothing short of a miracle stopping the Republicans taking down the House," said Ken Robertson, communications manager for Paddy Power.

The risk vs. reward ratio was especially high.  A US$50 bet would only pay out US$1 (with the US$50 bet refunded).

The irony in all of this is that U.S. gamblers are prohibited from playing at Paddy Power at this time.

Bookmakers across the globe have made Democrats favorites to retain control of the Senate.  However, online betting exchange intrade.com, which does accept bets from those living in the U.S., has given Senate Majority Leader Harry Reid around a 40 percent chance of being re-elected. 

Republicans have a clear shot at scoring the 40-seat gain they would need for control of the House just days before the election.

- Aaron Goldstein, Gambling911.com

Politics News

Pete Beat: Conservative Media Focuses on Buttigieg Following Debate

Pete Beat: Conservative Media Focuses on Buttigieg Following Debate

We know who the conservative media believes won Tuesday night's Democratic Debate.  That would be South Bend, Indiana Mayor Pete Buttigieg. His odds of becoming the next US President were set at 8/1, 5th shortest at BetOnline.  The payout would be $80 for every $10 bet.

Lebron Mention at Democratic Debate Odds

BetOnline was expected to offer odds on Lebron James being mentioned during Tuesday night's Democratic Debate.

Democratic Debate Betting: Ukraine, Hunter Biden, Impeachment Odds

Democratic Debate Betting: Ukraine, Hunter Biden, Impeachment Odds

SportsBetting.ag has posted a series of prop bets on Tuesday night's Democratic Debate, including the number of times Ukraine is said, China is said, and even whether Hunter Biden's name is mentioned.  Biden, the former US Vice President and Democratic candidate Joe Biden's son, has been accused by current US President Donald Trump of engaging in questionable activities in both the Ukraine and China.  The Bidens have denied any wrongdoings.

Bernie Sanders Health, Drops Out Odds - Democratic Debate

Bernie Sanders Health, Drops Out Odds - Democratic Debate

Vermont Senator Bernie Sanders health will likely come up during Tuesday night's Democratic Debate.  In fact, SportsBetting.ag has made YES the favorite in terms of the issue mentioned.

Debate Odds Feature Bernie's Health, Ukraine, China, Facebook and Poll Positions

Debate Odds Feature Bernie's Health, Ukraine, China, Facebook and Poll Positions

The oddsmakers expect the other Democratic candidates to go after Bernie Sanders tonight by addressing his recent health scare.
 

Syndicate