Irish Bookie Declares Democratic Nomination 'Over' Posted by Nick Bradley at January 7, 2008 08:23 AM
Paddy Power, Ireland's largest bookmaker, has decided to pay out bets on Obama for the nomination:
Ireland's largest bookmaker, Paddy Power, are today claiming that the Democratic Nomination race is well and truly over and are already paying out on Barack Obama to be the successful Democratic nominee. The early payout signals a massive EUR50,000 ($75,000) payday to lucky punters who backed Obama over the recent number of weeks at various odds ranging from 4/1 to 4/9. The unexpected decision by the Irish bookmaking firm comes almost a week after the Iowa primary election and just a day before the New Hampshire primary election where Barack is now the odds on favourite at 1/12 to demolish his Democratic rival Hillary Clinton.
Paddy Power, said: "From a betting point of view we reckon that it's game over for Hillary. With each passing day Obama is looking more like a certainty to get the Democratic vote and as far as we're concerned he's already past the post. So well done to all who backed him, your winnings await!"
If Obama locks up the nomination after New Hampshire, as Paddy Power seems to believe, Paul should be able to increase his share of the Paul-Obama anti-war independent demographic if the race isn't even close.