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October 2012

Betting Hots Up On US Election Results

by Renee Israel

US election results prompting close odds

Betting on the upcoming US presidential election is getting hotter and more exciting than ever, particularly as the two candidates are currently so close in the polls.

In fact, according to a recently released polling by USA Today/Gallup, the foreign policy debate session between Mitt Romney and Barack Obama has been declared to be a tie.

Obama's excellent second and third debate performances, which have assisted him in recovering from his poor first debate, have been found to be his strongest.

Nearly 95% of the Democrats declared him to be the winner at the end of the third debate although 70% of the Republicans felt that Mitt Romney did better.

However, the Independent definitely thought Obama's performance to be superior. Considering the overall results of the previous two debates, around 46% of American adults consider Mitt Romney to be the winner while 44% said that Barack Obama is the winner.

Speaking about the developments, Mitchell McKinney of Missouri University told USA Today that the "debates don't work in a cumulative fashion in a sense of adding up the pluses and minuses per candidate per debate."

She went on to say that the first debate actually has the biggest effect because that is the first time the performance of the two is simultaneously seen and compared.

US Presidential Election Betting on the Rise

The latest developments in the US presidential race have sent novelty punters scurrying to their favorite online bookies, in search of great exotic markets. Although sports events attract more wagers, people also bet real money on social, cultural, with the popularity of political betting particularly on the rise.

Online sportsbooks have already published some great odds and punters only have to compare odds at several bookmakers to get the best deals. Punters can not only bet on their favorite politician, but also on a wide range of election outcomes.

Punters who head over to Paddy Power Sportsbook will come across a wide range of exotic markets on US politics, including the US presidential race.

The currently listed odds for Barack Obama are 4/11 against Mitt Romney's 2/1.

US Politics Betting at Paddy Power Sportsbook

Paddy Power offers a wide range of US politics betting markets such as Next President (Winning Candidate), Obama's Electoral College Votes, Electoral College Vote Tie Special, Romney States, Winning Party, 2012 Election: States, and Popular Vote/Electoral College Winners.

Obama's Electoral College Votes market "applies to the total number of electoral college votes out of 538 that the official election night state results show for Barack Obama in the 2012 US presidential elections."

The odds are Over (290.5) 5/6 and Under (290.5) 5/6.





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