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Irish Bookie Pays Out Obama Bets Weeks Early

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NNN0LHI Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-24-08 06:22 AM
Original message
Irish Bookie Pays Out Obama Bets Weeks Early
http://www.npr.org/templates/story/story.php?storyId=95829729

Day to Day, October 17, 2008 · If Sen. John McCain wins the presidential election, an Irish bookie will be smacking himself in the face.

Shortly following the final presidential debate, Paddy Power, Ireland's largest bookmaker, declared Sen. Barack Obama the victor — and paid out accordingly, turning over more than $1,360,000 to Obama backers. snip

The presidential race seems like more of a sure thing to Power. Right now, McCain's "odds are drifting like a ship with no captain," while "Obama is 1 to 9, that means you have to put down $9 to win $1, that's how short he is. He's a red, red-hot favorite."

The election is over, in Power's eyes, so "the money is better off in the punters' pockets than ours," he says.


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ecstatic Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-24-08 06:24 AM
Response to Original message
1. Just heard on Joe Scarb. I thought the guy was making a lame joke!
OMG LMAO
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Old and In the Way Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-24-08 06:25 AM
Response to Original message
2. Good sign....a bookie won't part with his money unless it's a sure thing.
Of course, one has to wonder if he really understands US election dynamics and Republican gaming theory.
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NI4NI Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-24-08 06:27 AM
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3. Powers knows that who ever wagers on a presidential election,
will wager on mostly anything.......The money he pays out now will most likely be back in his pocket before Nov. 4th.
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NNN0LHI Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-24-08 06:37 AM
Response to Reply #3
5. And that does make sense
Keep the money flowing.

Don
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liberal N proud Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-24-08 06:28 AM
Response to Original message
4. ship with no captain LOL
Right now, McCain's "odds are drifting like a ship with no captain...

:rofl:
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