Paddy Power already paying out to punters who backed Obama to win – US Elections
The bookmakers have risked paying out £400,000 (€500,000) if Romney wins but a spokeswoman said because Obama remains ahead in the state polls, Paddy Power was “sticking its neck out”.
Betting has been “one-way traffic” for Obama, according to the bookmakers.
Prior to paying out, Obama’s odds fell to a low 2/9 and over the past months Paddy Power has seen 75pc of money staked go the Democrat‘s way.
– Arj Singh
Posted on November 6, 2012, in US Election and tagged Barack Obama, Bookmaker, Election 2012, Mitt Romney, Obama, One-way traffic, Paddy Power, Republican Party (United States), United States, USA. Bookmark the permalink. Leave a comment.