Barack Obama popular in US Election betting

oud.com/feed/odds-feed/getLadOdds.php?eventID=210933160&marketID=211645403&categoryID=577&lang=en

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

oud.com/feed/odds-feed/getLadOdds.php?eventID=210933160&marketID=211645403&categoryID=577&lang=en

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Robbie Morris

Robbie studied sports journalism at the University of Gloucestershire, an establishment chosen for its proximity to Cheltenham racecourse, where he was a season ticket holder. Upon graduation, Robbie was a contributor to GolfPunk, a national magazine aimed at ridding golf of its traditionalist image, before joining the news.ladbrokes team.