US Politics: Betfair rates Obama strong favourite

Betfair punters are keeping faith with Obama

• Third debate sees Obama tick up 1pp to a 66% chance, Romney 34% • Betfair customers suggest Romney is not doing enough to turn it around • £9.3m now traded in the main 'Next President' market- and state-by-state markets starting to attract liquidity • Obama strong favourite in Ohio and Iowa • Betfair has seen 13 bets over £5000 matched on Obama in the last three weeks • Highest individual bets- £20,000 matched on Obama in early October, £10,000 on Romney last week

Betfair’s sophisticated political betting customers still do not think Romney is doing enough to turn around a strong early Obama lead.

Latest Next President Odds
Barack Obama [1.47]
Mitt Romney [3.1]



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