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Obama Favoured In US Presidential Election Odds

Author: Anton Johan

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US Presidential elections are fascinating because they showcase the comical and often ridiculous process of how the leader of the world's largest super power and democracy is elected for four years, and if they're lucky, get to stay in power for another four years.

These days most premier online and mobile betting sites post their own US Presidential Election betting lines in response to the increasing number of people who are eager to bet on which candidate will win the election and run the country for the next four years.

And with the 2012 US Presidential Elections scheduled for November 6, 2012, most internet betting sites have already got their political betting lines in place.

One such site is Bet365, which is currently offering US Presidential Election odds of 3/10 that President Barack Obama (Democrat) will retain the Presidency for another four years, versus the 12/5 odds that his challenger Mitt Romney (Republican) will cut the President's expected eight year reign short.

US Presidential Election 2012 Odds

Barack Obama election odds 3/10
Mitt Romney election odds 12/5

But what makes US Presidential betting lines so attractive to punters is the exciting unpredictability of the whole process. While one day a candidate can be ahead in the polls, just one faux pas, like a careless slip of the tongue which becomes an instant sound bite, can be enough to tip the polls in his opponent's favour.

Right now, President Obama is reportedly leading in most opinion polls, despite general criticism that he hasn't done nearly enough in the last four years to fulfill his campaign promises to make America a better place for all. However, polls are not fool proof and only those who vote on the day can dictate the course of history.

For instance, while one recent poll attributed 50 per cent of the popular vote to President Obama and 44 per cent to Romney, another had Romney edging ahead by 47 per cent to the President's 46 per cent. This means that Obama's re-election for another four years is anything but set in stone.

Romney is not Trusted by Many Americans

That said, Obama has an opponent in Romney who has not yet earned the trust of many voters.

A self-made multi-millionaire, Romney may well have the business acumen required to become the next leader of the so-called free world, but his propensity to 'flip flop' about many important issues has done him no favours.

For instance, the revelation about how little he has paid in taxes over the years, as well as his practice of slashing jobs to increase profitability when he was in business, has failed to endear him to many Americans, particularly those struggling to make ends meet in the nation's tough economic climate.

The truth of the matter is that neither Obama nor Romney seem particularly well-suited to lead a country whose political antics have become a mockery in many parts of the world (no thanks to Sarah Palin). The reason being that it is all to clear that in US politics money talks the loudest, and misinformation, mud-slinging and character assassinations are the norm.

Many US Presidential Lines Available

The good news, however, is that while most US politicians seem unable to put their money where their mouths are, betting fans can, by betting on the latest US Presidential election line at a host of reputable and safe online betting sites like Bet365.

 Posted by Anton Johan at 14:37 on 18 September 2012




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