Barack Obama popular in US Election betting
Barack Obama’s odds of winning the 2012 US Presidential Election have been cut by Ladbrokes.
A new account was opened today to place a significant four figure bet on Obama at 4/6 prompting the firm to cut him to 8/11. Mitt Romney is the next shortest candidate at 7/1 with Sarah Palin now drifting out to 16/1.
The biggest loser in the book is still Chris Christie (State Governor of New Jersey) who despite not declaring himself a runner has attracted a £2,000 bet at 50/1. He now trades at 16/1 after further support.
Alex Donohue of Ladbrokes said: “A new customer has weighed in with a hefty bet on Obama and we’ve responded by cutting the odds again. Christie remains a six-figure loser for us and despite not knowing the full story about his intentions we have to keep him on-side.”
Ladbrokes latest betting
2012 US Presidential Election
Barack Obama – 4/6 (from 8/11)
Mitt Romney – 7/1
Sarah Palin – 16/1
Mike Huckabee – 16/1
Tim Pawlenty – 16/1
Chris Christie – 16/1
Mitch Daniels – 18/1
John Huntsman – 20/1
Hillary Clinton – 25/1
33/1 bar please see site for full details