..

Pennsylvania Toss Up for McCain Obama Among Betting Markets

Written by:
Carrie Stroup
Published on:
Oct/31/2008
Pennsylvania

Polls show Democrat Senator Barack Obama leading by a pretty hefty margin in the state of Pennsylvania, but Republican Senator John McCain believes he can win that state - so do online betting markets it turns out.

Dave Stanley, spokesperson for Sportsbook.com advised Gambling911.com Thursday evening that McCain was in striking distance of Obama.

"In Pennsylvania 50.09% of the money is on Obama and 49.91% of the cash is on McCain," he informed us.

Online prediction markets have always had an uncanny ability to forecast political outcomes especially as Elections draw near. 

Sportsbook.com perhaps more than any other online gambling website provides the best indicator as to how people are betting - and ultimately voting.  That site is the biggest US-facing brand online in terms of customer volume. 

"We offered state by state betting during the 2004 US election and the results were remarkably accurate," Stanley said.

Sportsbook.com was also offering over/under betting on the number of states each party would win. 

Carrie Stroup, Gambling911.com Senior Reporter

Politics News

Bloomberg's Odds Worsen Following Debate

Bloomberg's Odds Worsen Following Debate

The scene in Las Vegas produced one of the wildest Democratic debates to date, and it prompted the oddsmakers in Sin City to adjust their nominee projections.

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. 

Syndicate