Political Betting Odds Target 2012 Presidential Election

Filed under: Political Betting Odds |

Sportsbooks regularly host odds on political events, and the 2012 election for the next president of the United States is now up for betting through certain online sportsbooks. The political props available through Bodog are now available on a variety of subjects related to this most important of elections.

The preliminary set of odds available are questioning who will win the Republican Nominee in the 2012 presidential election. The action has been heating up and the odds have been changing on an almost day to day basis, but anything can change from here on.

Mitt Romney and Rick Perry have emerged as the favorites to win the Republican nomination. Michele Bachmann had once been a favorite, but she has slipped toward the back of the line. Her proclivity toward extreme statements has not helped her on her path toward success. It has become completely unlikely that she will be met with any success in the election. Pawlenty has seemingly dropped out, as have many others. Ron Paul is just behind the two favorites to win.

Bodog – 2012 Republican Nominee In The Presidential Election

Mitt Romney 5/4
Rick Perry 5/4
Ron Paul 11/1
Sarah Palin 14/1
Jon Hunstman 18/1
Michele Bachmann 22/1
Rudy Giuliani 30/1
Newt Gingrich 40/1
Herman Cain 50/1

The next line that has been issued has been set to specifically question the odds to be the next president. Rather than the nominee, this line questions who will win the presidential election outright. Barack Obama is the heavy favorite to win the election, considering the fact that most presidents win reelection. Mitt Romney and Rick Perry are right behind him, with the same odds to win the election. They will, however, have to earn the Republican Nomination.

Bodog – Winner of the 2012 Presidential Election

Barack Obama 10/11
Mitt Romney 4/1
Rick Perry 4/1
Ron Paul 20/1
Jon Hunstman 25/1
Michele Bachmann 33/1
Sarah Palin 33/1
Rudy Giuliani 65/1
Herman Cain 80/1
Newt Gingrich 80/1

The most basic of the betting lines questions which party will win out right. With this line exists even odds, -115 on both sides, but  it makes for a solid parlay opportunity when mixed with the other lines. For example, parlaying Barack Obama to win along side the Democratic party would pay just over 2.5/1, or approximately $250 for every $100 wagered.

With the rapidly changing campaigns, bettors will see that these lines are posted and removed fairly regularly. Even if they disappear, they will be back soon enough through Bodog’s betting site.

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