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Latest poll shows Obama has it wrapped up
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Anonymous Coward |
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[ link to sportsgambling.about.com] The lone wager is now: Who will be the next President? Barack Obama -227 Mitt Romney +160 For those unfamiliar with the money line and didn't want to read the longer article, the -250 after the Democrats means that you have to wager $250 to win $100 if you wager on the Democrats to capture the White House. You do not have to wager that much money, however, as you can wager $37.50 to win $15 or $50 to win $20. You are risking twice as much as you will win, which is often the case when betting on a solid favorite. The +210 after the Republicans means that you will win $210 if you risk $100 and again, you aren't requited to wager that much. You can wager $10 to win $21 or risk $20 to win $42. You are essentially risking $10 for every $17 you hope to win.
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