Thursday, May 08, 2008

Updated White House and American Idol Odds

It's time to take a look at some of the latest betting odds on key sports, entertainment and world events. Big Brown, Barack Obama, and now David Cook are all favorites in the diverse world culture betting markets.

BetUs Sportsbook has made Big Brown the overwhelming favorite to win the Preakness Stakes as well as a good shot to capture the Triple Crown. These overwhelming odds are despite his reputation of a Barry Sanders like feast or famine performance.

Brown not only is 1/3 to win at Pimlico, but is now expected to win the Triple Crown at 1/2 The nation's top sports betting expert Joe Duffy says history and the unpredictable running of Brown, make "no" at 3/2 a great betting proposition.

Once known as the "other David," David Cook has leapfrogged David Archuleta as the favorite to win American Idol. Cook is now 2/4, Archuleta has dropped to the No. 2 spot at 7/5. Syesha Mercado is given little respect by the sportsbooks at 20/1.

Meanwhile the top sports handicapping site has two of the top three key indicators as to who the next President of the United States will be on the same page. The Vegas odds for President now have Barack Obama as the favorite at 4/5, while John McCain at 7/5.

Intrade projects Obama a 55.8 percent chance to win the White House, compared to just 38.2 for McCain.

The third of the top three indicators is the RealClearPolitics consensus poll, which gives Obama an edge over McCain by 2.6 percentage points.

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