Yes, it is true. You can already place bets on the 2012 Presidential Election (actually, you could have bet on this months ago). Look at it as a positive indicator that Americans are becoming more engaged in the election process. There are a variety of lines on offer - the Democratic and Republican Nominees, who will be elected and which party will be elected. Anyone who identifies with one of the two major political parties can benefit from the party to be elected bet. If you vote Republican and bet Democrat you will win (in some way) if either party takes the White House. Rinse and repeat for Democrats.

Right now at Sportsbook a $100 bet will win a $60 profit if Democrats win and a $120 profit if Rebuplicans win.

Party Elected

Democrats -160
Republicans +120

Labels: democrats, gambling, presidential election, prop bet, republicans

posted by Mary at 11:46 AM

It's a big day tomorrow for all the presidential candidates-- Super Tuesday, when a slew of states will he holding their primaries. Some pundits are saying tomorrow is when we'll see the real candidates come through. The fields have whittled down, so the contest is tight.

Bodog has the rundown on the odds of the candidates to win the majority of the primaries for both parties tomorrow:

Democrats: Hillary Clinton is at -130 and Barack Obama is at -110, so looking at the odds, Hillary has a slight edge, but Obama's close.

Republicans: John McCain is at 1/22, Mitt Romney is at 2/1, Mike Huckabee is at 25/1, and Ron Paul is at 60/1. It's clear from the odds that McCain has the advantage here (so much so that you wouldn't be making much money if you bet on him).

Isn't this country great? You can vote and bet on the president. Awesome.

Labels: Bodog, democrats, presidential election, primaries, republicans, Super Tuesday

posted by Kari at 1:44 PM

With all the debates happening and all the different sound bites going around with who saying what, it's changing up the presidential election props big time.

A roundup of all our presidential props are here on our political props page.

Sportbet has Hilary Clinton and Rudy Giuliani both at 200 to win the presidency, with the Democrats winning with a -175 over the Republicans. With those odds it definitely looks like Hilary has the advantage. Will she be able to keep that advantage? We'll see in the upcoming months with more debates and cacuses.





betUS has Hilary at +150, with Rudy and Barack Obama both at +400.

Both books say Hilary's going to take it all. Are you putting your money down on her, too?

Labels: Barack Obama, democrats, Hillary Clinton, presidential election, republicans, Rudy Giuliani

posted by Kari at 2:13 PM