Betting Odds for Presidential Elections 2008 Falling

My last bet on McCain winning the U.S. Presidential Election 2008 was placed when odds where up at 3.70 - ever since then odds are falling, Obama could soon become the underdog.


As we see Barack Obama making some bad decisions (pastor, running-mate, etc.) the polls and odds continue to move to John McCain's favor. For now we already get Las Vegas bookmakers odds of 1.73 for Obama, which is an absolute high as an absolute low for him. McCain at the same time could still double one's money, with odds of 2.00 today.


As much as this is no political blog, it is still all about making money online and I can't complain.

Obama in the news:
Streisand headlines fundraiser for Obama | Economists take critical view of health plans | Newsweek: Will economic meltdown lift Obama?

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Nostradamus about McCain against Obama: The elder one to be trusted

See, when Barack Obama was up in the polls he only knew to soon lose all his advantage. When John McCain was down he knew to win anyway, by creativity and some smart moves. That is their proven difference in experience. And it is exactly what Nostradamus said in his prophecy as people start to trust the more experienced guy: »The least part doubtful for the elder one« means within the prediction that the majority won't trust the young and inexperienced.

Even the bookmakers have to rethink towards reality as odds go down: McCain 2.20, Obama 1.61 now.

To chose Sarah Palin was probably not the last genius strike John McCain will have to offer within those last sixty days of his campaign, a fact that marks him as the responsible leader who doesn't care too much about his ego where a more common success is needed.

Slowly but surely 'rock star' Barack Obama's lipstick is coming off with every bad decision, and by now even his vice president candidate Joe Biden knows to admit: »Hillary Clinton would've been the better pig pick.«

At the end America will vote for the elder one as predicted by Nostradamus, no doubt about it.

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Predicted U.S. President John McCain leading

This is what Nostradamus and I had in mind all along when we predicted the underdog to win: After strong victories in Virginia, Maryland and Washington, DC, I put together an analysis of the state of the race for the Republican nomination. Including the delegates won last Tuesday, John McCain is now close to securing the number of delegates needed to be the presumptive Republican nominee. In addition, it is now mathematically and politically impossible for Mike Huckabee to win enough delegates to secure the Republican nomination; there simply aren’t enough delegates left at stake for him to win. Take a look at the following chart:


The official McCain message at this point: »We’ve won some exciting contests over the last two months, but the challenge is not over – we must continue to spread John McCain’s conservative message of lowering taxes, strengthening our economy, winning the war in Iraq, and fighting radical Islamic extremists. There is a lot of work ahead.«

Upcoming states:
Wisconsin, Washington, Ohio, Texas, Vermont and Rhode Island.

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New lines and bets

1. Party to win 2008 Presidential Election:
   
   

   Democratic Party: 1.48
   Republican Party: 2.60
   Any other party: 26.00
2. Who will be President 2008?
   
   

   Hillary Clinton 2.25
   John McCain 3.25
   Barack Obama 3.50
   Mitt Romney 8.50
   Rudy Giuliani 8.50
   Mike Huckabee 21.00
   John Edwards 26.00
   Michael Bloomberg 31.00
   Ron Paul 81.00

To close with an update I can report that odds for McCain as the Republican Candidate for President 2008 dropped just another little bit, down to 1.74 now. Whoever likes to believe the public and bookmakers may be happy with my prediction so far, but don't forget that my prediction was made way before the primary in South Carolina and before the public finally followed.
Odds for Hillary Clinton as Candidate 2008 are falling as well, now down to 1.45 - but she doesn't matter in my prediction, so lets skip it.
There are still no bets available on who will be the next U.S. Vice President though - way to go, have a nice one!

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