Quote:
Originally Posted by Mutt
what? there are bookmakers all over the world taking bets and the current betting line has Obama as a heavy favorite.
Odds To Win: On to the odds to win tomorrow's Presidential election... Since our last update, President Obama has taken a huge lead over GOP nom Mitt Romney. Just a few weeks ago we were talking about Romney getting closer to 1/1 odds but, since then Romney has dropped all the way down to 3/1 odds or +300. And with that large downward swing for Romney, Obama's election odds have shot up to 1/4 or -400. The difference? A $1 wager on Romney pays $3 ($4 total) versus a $1 wager on Obama that would pay just $.25 ($1.25 total).
i'm giving Obama bettors $1.50 on a $1 wager which is a 100% better return than the betting shops are.
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You're saying you'll put down/risk $100 if someone else puts down/risks $200. You're not wrong in saying/doing that. It's just not normally how people bet, my point was simply that usually if a bet is made where one side must risk more that the side which risks more is the initiator.
