Presidential race almost a pickem offshore now

[Clarkmeister]

Pretty amazing considering Bush was at -190 not that long ago. Line from Pinnacle.

Party to win 2004 US Presidential Election
21 Republican Party -109
22 Democratic Party -101

[GWB]

Whoa, what a HUGE overlay!

Is it legal to bet on yourself?

[SinCityGuy]

There is also a significant turnaround in recent polling. For the first time in the race, a plurality of those polled believe that Kerry will win the election, regardless of who they plan to vote for.

[adios]

Do you think the line is indicative of how the bookmakers are handicapping the election or where the betting is at? I think the line is more indicative of the latter i.e. the bookmakers trying to get a line where the money is distributed equally on both sides.

[Rooster71]

[ QUOTE ]
Do you think the line is indicative of how the bookmakers are handicapping the election or where the betting is at? I think the line is more indicative of the latter i.e. the bookmakers trying to get a line where the money is distributed equally on both sides.

[/ QUOTE ]
Is pinnacle a futures market? Sort of like TradeSports?

[Clarkmeister]

[ QUOTE ]
Do you think the line is indicative of how the bookmakers are handicapping the election or where the betting is at? I think the line is more indicative of the latter i.e. the bookmakers trying to get a line where the money is distributed equally on both sides.

[/ QUOTE ]

The latter is far more likely to be correct at a given moment than the former.