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From the Wires
Hillary Clinton is the Odds-On Betting Favorite at 1-1 (Even Money) to Win the White House, but Rudy Giuliani is the Smart Bet at 8-1, According to Sports Gambling And Handicapping Expert Steve Budin of SportsInfo.Com
BARACK OBAMA IS AT 2-1; MCCAIN AT 7-2, HUCKABEE AT 8-1

By: PR Newswire
Jan. 10, 2008 01:00 PM

MIAMI, Jan. 10 /PRNewswire/ -- After her dramatic come-from-behind win in New Hampshire, Hillary Clinton is again the odds-on betting favorite -- at 1-1 -- to become the next president of the United States, but the betting value is clearly on Rudy Giuliani (8-1) to win the White House, according to Steve Budin of SportsInfo.com, the world's largest online sports pay-per-view analysis conglomerate.

Barack Obama has dropped to 2-1 after his loss in New Hampshire while John McCain, who won in New Hampshire, is listed at 7-2, followed by Mike Huckabee (8-1), Mitt Romney (10-1), John Edwards (15-1), Ron Paul (20-1) and Fred Thompson (40-1), said Budin.

"Hillary Clinton has regained her front-runner status after her huge win in New Hampshire -- and the betting odds reflect that," said Budin. "She had dropped to 3-2 odds after Iowa but she's back to 1-1 (even money). However, Rudy Giuliani has the best betting value now -- he will jump to 2-1 if he wins Florida, so grab the 8-1 now while you can."

New York City Mayor Michael Bloomberg and former Vice President Al Gore, both of whom have said they have no plans to enter the presidential race, are listed at 10-1 odds and 5-1 odds, respectively. Meanwhile, Dennis Kucinich has the longest odds at 250-1.

Americans have been betting on the outcome of presidential elections since 1914. Historically, the game-time favorite has won every election except one -- Bush/Kerry in 2004. Budin credits that loss to the advent of the Internet.

"With the Internet we saw the birth of the $5 bettor who tends to be a Democrat," he said. "In previous years betting on elections was dominated by the rich, and you know what party the rich tend to be, unless you are John Edwards of course. The Democrats came out in droves to bet Kerry online, but unfortunately they never showed up at the polls to back up that $5 bet."

Below are the current betting odds for each of the 2008 presidential candidates, according to Steve Budin of sportsinfo.com

Name Party Odds Hillary Clinton (D) 1-1 Barack Obama (D) 2-1 Al Gore (D) 5-1 John McCain (R) 7-2 Rudy Giuliani (R) 8-1 Mike Huckabee (R) 8-1 Mitt Romney (R) 10-1 Michael Bloomberg (R) 10-1 John Edwards (D) 15-1 Ron Paul (R) 20-1 Fred Thompson (R) 40-1 Dennis Kucinich (D) 250-1

To set up an interview with Steve Budin to discuss the Presidential wagering odds, please contact Jimmy Shapiro at js@zuckermediagroup.com or 425-292-0425.

About Steve Budin

There is no more relevant voice in the sports and entertainment gambling business than Steve Budin, considered the founder of the Offshore and Online Gambling Industry for establishing the first offshore sportsbook in 1993. Steve Budin, author of Amazon best seller, Bets, Drugs, and Rock & Roll, is currently the CEO of the world's largest online sports and entertainment pay- per-view analysis conglomerate, SportsInfo.com, which counts over 50,000 members worldwide. With over 20 years experience in the sports and entertainment gambling industry, first as an offshore sportsbook pioneer and now as an online picks entrepreneur, Steve Budin's perspective from both sides of the proverbial fence in unmatched in the gambling world.

Steve Budin

CONTACT: Jimmy Shapiro, +1-425-292-0425, js@zuckermediagroup.com, for
Steve Budin

Web site: http://www.sportsinfo.com/

Published Jan. 10, 2008
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Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

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