Obama is the big favourite and gaming company odds are seldom wrong
11/5/2012 12:14 PM EST
Before political elections gaming company odds are often more reliable than the polls.
Barack Obama is the big favourite for the United States Presidential Election, according to the Åland gaming company Paf.
If you bet on Mitt Romney and he manages to win, Paf will pay out 3.75 times the bet. But if the incumbent president gets re-elected you only get 1.22 times your bet back.
“On Paf.com Obama has been the favourite ever since the election campaign began, even during the period when voting polls indicated that Romney had the upper hand,” says Paf PR manager Anders Sims.
Obama’s odds have fallen slightly in the past month, which means he has become a bigger favourite.
Paf.com will offer live odds throughout the day and on the night of the presidential vote on 6 November. There are also bets available on the outcome in several key states.
“Betting products that are not sport-related usually attract relatively little money, but the US Presidential Election is one of the exceptions. Since the interest is so high, so we are expanding our service,” says Anders Sims.
You can find up-to-date US Election odds here:
https://www.paf.com/betting/#/group/2000061894/category/3996
The odds for a US Presidential Election win, as of the morning of Monday 5 November, are:
Obama 1.22
Mitt Romney 3.75
For more information please contact:
Anders Sims
+358 (0)457 342 8228
Paf was founded in 1966 with the clear purpose of creating profit to support good causes. This purpose is still our principle reason for being. Today Paf.com is an international full-service online gaming site with over 150 games. We also maintain a large physical gaming operation on land and sea with about 1 300 gaming machines, 40 gaming tables on ships and Paf Casino on Åland. We offer safe and socially responsible money games to give our customers pleasure and entertainment.
In 2011 the Paf Group had a turnover of €96.3 million producing a profit of €21.5 million and the contribution to good causes was €10.5 million. The group has over 300 employees with offices in Mariehamn, Helsinki, Stockholm, Tallinn and Madrid.