{"id":7670,"date":"2012-10-30T19:20:44","date_gmt":"2012-10-30T23:20:44","guid":{"rendered":"http:\/\/www.bankrollsports.com\/blog\/?p=7670"},"modified":"2012-11-07T13:32:33","modified_gmt":"2012-11-07T17:32:33","slug":"2012-presidential-election-odds","status":"publish","type":"post","link":"https:\/\/www.bankrollsports.com\/blog\/2012-presidential-election-odds\/","title":{"rendered":"2012 Presidential Election Odds: Barack Obama 2012 Reelection Odds"},"content":{"rendered":"
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With a little more than a week until Election Day, presidential betting action has been heating up as Barack Obama and Mitt Romney battle it out to see who is the next President of the United States of America. Romney and Obama have been ramping up their campaigns in the homestretch with each making several stops per day in key battleground states in hopes of reaching the magical number of 270 electoral votes needed to become the next POTUS.<\/p>\n

The betting odds for the president have been in favor of President Obama since his Inauguration Day in 2009. Although he had a momentary scare with his poll numbers and betting odds free-falling after his first performance of the debate season, his last two debate showings helped stop the Romney momentum and has helped the presidential betting lines remain relatively static over the last few weeks. Currently, President Obama is a -200 favorite and Governor Romney is a +170 underdog at GT Bets Sportsbook<\/a>. <\/p>\n

One of the more interesting subplots of the political betting spectrum this election cycle has been that the betting sites have shaded more in favor of Romney than reputed polling sites like FiveThirtyEight. As of Sunday night, FiveThirtyEight gives President Obama a 73.6% chance to win, equivalent to making Obama a -279 favorite. Perhaps this could mean that a slight majority of gamblers prefer Romney to Obama or that gamblers don’t put much weight in the calculations that these sites make.<\/p>\n

What’s certain is that President Obama has a much clearer route to remaining in the Oval Office than Governor Romney does. Obama has more solid electoral votes than Romney and thus does not need to win as many of the swing states in order to secure re-election. Of utmost importance to both parties with regards to these swing states, is the Buckeye State. Romney would be extremely hard-pressed to claim victory in this election without winning Ohio as Obama would have the election all but locked up if Ohio went blue. Both parties have rapidly mobilized their resources in this state and by November 6 it is unlikely that any Ohio voter has not been robo-dialed, e-mailed or snail mailed in hopes of securing their vote. Other than Ohio, Colorado, Nevada, New Hampshire, Virginia, Florida, Iowa, and Wisconsin are the important swing states in this one and voters there can expect to be harangued heavily over the next eight days.<\/p>\n

For the fourth straight presidential election, heading up to Election Day there is not a clear winner between incumbent President Barack Obama and challenger Governor Mitt Romney. Even though Romney is still trailing, he still has a very sizeable chance to win the election according to both the presidential betting odds and the prognostication websites dedicated to determining who the next president will be. Once again, the presidency will come down to a handful of swing states that have the power to decide who will be America’s next president.<\/p>\n

Anyone who has paid even cursory attention to the election, knows that Ohio and its 18 electoral votes is of the foremost importance of any swing state. Currently, Barack Obama is seen as a -170 favorite per the state of Ohio betting lines with Mitt Romney being a +130 underdog. However, respected political site FiveThirtyEight is much more bullish on President Obama’s odds, giving him a 73.5% chance to win the state. Both candidates will be doing much of their campaigning in this crucial key state over the next week, highlighting its importance in the election. No Republican has ever won the presidency without winning Ohio, so this race is Mitt Romney’s top priority in order to succeed Barack Obama.<\/p>\n

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Although it is only worth 9 electoral votes, the race in Colorado is an intriguing one because it is as close to a toss-up as any other state battle. Mitt Romney is listed as a -145 favorite to win the state according to GT Bets Sportsbook<\/a> despite the fact that FiveThirtyEight gives Obama a 57% advantage in the state. Recently released polls from PPP, Grove, Keating Research, Marist, and Purple Strategies all also give the advantage to the sitting president and Obama has recent history on his side as well, winning the state handily over John McCain during the 2008 election.<\/p>\n

Pennsylvania isn’t much of a battleground state this election, but the fact that it has 20 electoral votes makes it very valuable in getting to the magical number of 270. Obama is listed as a heavy favorite (-600) to take the Keystone State and Romney is a sizeable underdog (+400). Unlike these other states though, Pennsylvania has been de-centralized with neither candidate running a campaign ad on either the state’s television or radio waves during the election cycle and neither candidate has made more than a few campaign stops in the state with none coming during the month of October.<\/p>\n

The mecca of American sports betting is up for grounds in this election despite Obama coasting to a victory in Nevada in 2008, winning the state by 12.5%. This time, the state is projected to only be decided by a few percentage points one way or the other. Obama is a -300 favorite to take the state by the individual state betting lines with Romney listed as a +220 underdog.<\/p>\n

It may be an undercard to the presidential race, but senate betting odds are now up for gamblers to wager on. Democrats currently control the Senate and are expected to retain control of the upper house of Congress in 2012, even though 21 Democratic Party candidates have their seats on the line compared to only 10 Republican seats up for grabs. GT Bets Sportsbook<\/a> currently has the odds on Democrats gaining control of the Senate at -300 with Republicans listed as a +220 underdog to either gain control or split control. Before this election, Democrats held 51 seats in the US Senate compared to only 47 seats for the Republicans with 2 seats being held by independents. Democrats are heavy favorites in most of the races and are expected to keep the majority.<\/p>\n

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Some individual senate races have garnered a lot of publicity, possibly none more so than the race in Missouri between Claire McCaskill (D) and Todd Akin (R). Todd Akin set off a political firestorm earlier in the race when he claimed that women could not get pregnant from “legitimate rape” because the female body had hormones that would cause her to be infertile. This humongous gaffe immediately swung the race for McCaskill who has been a strong favorite ever sense and was a big blow to the Republicans who saw Missouri as a winnable state for the GOP. Akin resisted calls from Republican leadership to bow out of the race but is very unlikely to win the seat as a +450 underdog per the Senate betting lines compared to McCaskill with her -750 favorite status. <\/p>\n

Virginia has been the center of some controversy as well and there is a much more open race going on between Tim Kaine (D) and George Allen (R). Kaine is the favorite right now with GT Bets Sportsbook<\/a> listing him as a -265 favorite and Allen placed as a moderate +185 underdog. Allen has gotten a recent boost in spending though with casino magnate Sheldon Adelson recently donating $1.5 million to one of Allen’s super-PACs. Expect to see a flood of ads on local television stations due to the influx of money in Allen’s warchest.<\/p>\n

Massachusetts may be one of the most liberal states in the nation, but they have had success recently with Republicans moving toward the center and stealing seats away from Democrats. Scott Brown (R) hopes to continue this trend, but is a +310 underdog to Elizabeth Warren (D) -430. Warren appears to be pulling away in polls with the latest PPP poll showing here with a 9 point lead, but anything can happen in the run-up to Election Day.<\/p>\n

2012 Presidential Election Update (Current Presidential Election Odds) @ GT Bets<\/a>\u00a0(as of 11\/5\/12)<\/em>:<\/strong><\/span>
\n(Get a HUGE 100% Signup Bonus<\/span><\/strong>\u00a0<\/span>at GT Bets<\/strong><\/a>\u00a0When Using <\/strong>This Link<\/strong><\/a>)<\/em><\/p>\n

Politics Other Sports\t \tMoney Line
\n2012 US Presidential Election
\nTue 11\/6\t \t1001 Barack Obama wins 2012 election\t\t -340
\n10:00AM\t \t1002 Mitt Romney wins 2012 election\t \t +280 \t \t \t <\/p>\n

Tue 11\/6\t \t1103 Barack Obama wins Colorado\t\t -150
\n10:00AM\t \t1104 Mitt Romney wins Colorado\t \t +110 \t \t \t <\/p>\n

Tue 11\/6\t \t1105 Barack Obama wins Florida\t\t +215
\n10:00AM\t \t1106 Mitt Romney wins Florida\t \t -295 \t \t \t <\/p>\n

Tue 11\/6\t \t1109 Barack Obama wins Iowa\t\t -260
\n10:00AM\t \t1110 Mitt Romney wins Iowa\t \t +180 \t \t \t <\/p>\n

Tue 11\/6\t \t1111 Barack Obama wins Maine\t\t -4500
\n10:00AM\t \t1112 Mitt Romney wins Maine\t \t +1500 \t \t \t <\/p>\n

Tue 11\/6\t \t1113 Barack Obama wins Michigan\t\t -750
\n10:00AM\t \t1114 Mitt Romney wins Michigan\t \t +450 \t \t \t <\/p>\n

Tue 11\/6\t \t1115 Barack Obama wins Minnesota\t\t -1050
\n10:00AM\t \t1116 Mitt Romney wins Minnesota\t \t +550 \t \t \t <\/p>\n

Tue 11\/6\t \t1117 Barack Obama wins Nevada\t\t -1500
\n10:00AM\t \t1118 Mitt Romney wins Nevada\t \t +700 \t \t \t <\/p>\n

Tue 11\/6\t \t1119 Barack Obama wins New Hampshire\t\t -245
\n10:00AM\t \t1120 Mitt Romney wins New Hampshire\t \t +175 \t \t \t <\/p>\n

Tue 11\/6\t \t1121 Barack Obama wins North Carolina\t\t +400
\n10:00AM\t \t1122 Mitt Romney wins North Carolina\t \t -600 \t \t \t <\/p>\n

Tue 11\/6\t \t1123 Barack Obama wins Ohio\t\t -260
\n10:00AM\t \t1124 Mitt Romney wins Ohio\t \t +180 \t \t \t <\/p>\n

Tue 11\/6\t \t1125 Barack Obama wins Oregon\t\t -4500
\n10:00AM\t \t1126 Mitt Romney wins Oregon\t \t +1500 \t \t \t <\/p>\n

Tue 11\/6\t \t1127 Barack Obama wins Pennsylvania\t\t -530
\n10:00AM\t \t1128 Mitt Romney wins Pennsylvania\t \t +350 \t \t \t <\/p>\n

Tue 11\/6\t \t1129 Barack Obama wins Virginia\t\t -140
\n10:00AM\t \t1130 Mitt Romney wins Virginia\t \t +100 \t \t \t <\/p>\n

Tue 11\/6\t \t1131 Barack Obama wins Wisconsin\t\t -320
\n10:00AM\t \t1132 Mitt Romney wins Wisconsin\t \t +240 \t \t \t <\/p>\n

2012 US Presidential Election – Electoral College
\nTue 11\/6\t \t1221 Barack Obama electoral votes over 249\u00bd\t\t -1200
\n10:00AM\t \t1222 Barack Obama electoral votes under 249\u00bd\t \t +600 \t \t \t <\/p>\n

Tue 11\/6\t \t1223 Barack Obama electoral votes over 259\u00bd\t\t -530
\n10:00AM\t \t1224 Barack Obama electoral votes under 259\u00bd\t \t +350 \t \t \t <\/p>\n

Tue 11\/6\t \t1225 Barack Obama electoral votes over 279\u00bd\t\t -260
\n10:00AM\t \t1226 Barack Obama electoral votes under 279\u00bd\t \t +180 \t \t \t <\/p>\n

Tue 11\/6\t \t1227 Barack Obama electoral votes over 289\u00bd\t\t -145
\n10:00AM\t \t1228 Barack Obama electoral votes under 289\u00bd\t \t +105 \t \t \t <\/p>\n

Tue 11\/6\t \t1229 Barack Obama electoral votes over 294\u00bd\t\t -115
\n10:00AM\t \t1230 Barack Obama electoral votes under 294\u00bd\t \t -125 \t \t \t <\/p>\n

Tue 11\/6\t \t1231 Barack Obama electoral votes over 299\u00bd\t\t +115
\n10:00AM\t \t1232 Barack Obama electoral votes under 299\u00bd\t \t -155 \t \t \t <\/p>\n

Tue 11\/6\t \t1233 Barack Obama electoral votes over 309\u00bd\t\t +210
\n10:00AM\t \t1234 Barack Obama electoral votes under 309\u00bd\t \t -290 \t \t \t <\/p>\n

Tue 11\/6\t \t1261 Electoral College to be tied 269-269\t\t +2500
\n10:00AM\t \t1262 Electoral College not tied 269-269\t \t -5000 \t \t \t <\/p>\n

2012 US Presidential Election – Popular Vote
\nTue 11\/6\t \t1303 Barack Obama popular vote -0.49999%\t\t -150
\n10:00AM\t \t1304 Mitt Romney popular vote +0.49999%\t \t +110 \t \t \t <\/p>\n

Tue 11\/6\t \t1305 Barack Obama popular vote -0.99999%\t\t -105
\n10:00AM\t \t1306 Mitt Romney popular vote +0.99999%\t \t -135 \t \t \t <\/p>\n

Tue 11\/6\t \t1305 Barack Obama popular vote -1.99999%\t\t +175
\n10:00AM\t \t1306 Mitt Romney popular vote +1.99999%\t \t -245 \t \t \t <\/p>\n

Tue 11\/6\t \t1315 Barack Obama popular vote +0.49999%\t\t -230
\n10:00AM\t \t1316 Mitt Romney popular vote -0.49999%\t \t +170 \t \t \t <\/p>\n

Tue 11\/6\t \t1391 Gary Johnson popular vote over 0.49999%\t\t -600
\n10:00AM\t \t1392 Gary Johnson popular vote under 0.49999%\t \t +400 \t \t \t <\/p>\n

Tue 11\/6\t \t1393 Gary Johnson popular vote over 0.99999%\t\t +100
\n10:00AM\t \t1394 Gary Johnson popular vote under 0.99999%\t \t -140 \t \t \t <\/p>\n

Tue 11\/6\t \t1395 Gary Johnson popular vote over 1.49999%\t\t +210
\n10:00AM\t \t1396 Gary Johnson popular vote under 1.49999%\t \t -290 \t \t \t <\/p>\n

2012 US Presidential Election – Electoral College \/ Popular Vote
\nTue 11\/6\t \t1451 Electoral winner to lose popular vote\t\t +290
\n10:00AM\t \t1452 Any other result\t \t -410
\n2012 US Presidential Election – States Won<\/p>\n

Tue 11\/6\t \t1501 Mitt Romney states won over 26\u00bd\t\t +100
\n10:00AM\t \t1502 Mitt Romney states won under 26\u00bd\t \t -140 \t \t \t <\/p>\n

2012 Congressional Elections – post election control of the Senate
\nTue 11\/6\t \t1901 Democrats control the Senate\t\t -420
\n10:00AM\t \t1902 Republicans control Senate \/ Split\t \t +300 \t \t \t <\/p>\n

Tue 11\/6\t \t1903 Control of Senate a split\t\t +470
\n10:00AM\t \t1904 Control of Senate not a split\t \t -810 \t \t \t <\/p>\n

Tue 11\/6\t \t1905 Republicans control the Senate\t\t +585
\n10:00AM\t \t1905 Democrats control Senate \/ split\t \t -1155
\na split = no action<\/p>\n

Tue 11\/6\t \t1907 Democrats control the Senate\t\t -1050
\n10:00AM\t \t1908 Republicans control the Senate\t \t +550 \t \t \t <\/p>\n

2012 Congressional Elections – post election Senate seats
\nTue 11\/6\t \t1909 Republicans hold over 47\u00bd Senate seats\t\t -145
\n10:00AM\t \t1910 Republicans hold under 47\u00bd Senate seats\t \t +105 \t \t \t <\/p>\n

2012 Congressional Elections – post election control of the House of Representatives
\nTue 11\/6\t \t1911 Republicans control the House of Rep.\t\t -2750
\n10:00AM\t \t1912 Democrats control House of Rep \/ split\t \t +1450 \t \t \t <\/p>\n

2012 US Senate Elections
\nTue 11\/6\t \t1951 Richard Carmona (D) wins Arizona\t\t +500
\n10:00AM\t \t1952 Jeff Flake (R) wins Arizona\t \t -900 \t \t \t <\/p>\n

Tue 11\/6\t \t1953 Chris Murphy (D) wins Connecticut\t\t -1350
\n10:00AM\t \t1954 Linda McMahon (R) wins Connecticut\t \t +650 \t \t \t <\/p>\n

Tue 11\/6\t \t1955 Joe Donnelly (D) wins Indiana\t\t -310
\n10:00AM\t \t1956 Richard Mourdock (R) wins Indiana\t \t +230 \t \t \t <\/p>\n

Tue 11\/6\t \t1957 Elizabeth Warren (D) wins Massachusetts\t\t -400
\n10:00AM\t \t1958 Scott Brown (R) wins Massachusetts\t \t +280 \t \t \t <\/p>\n

Tue 11\/6\t \t1959 Claire McCaskill (D) wins Missouri\t\t -475
\n10:00AM\t \t1960 Todd Akin (R) wins Missouri\t \t +325 \t \t \t <\/p>\n

Tue 11\/6\t \t1961 Jon Tester (D) wins Montana\t\t +180
\n10:00AM\t \t1962 Denny Rehberg (R) wins Montana\t \t -260 \t \t \t <\/p>\n

Tue 11\/6\t \t1963 Heidi Heitkamp (D) wins North Dakota\t\t +750
\n10:00AM\t \t1964 Rick Berg (R) wins North Dakota\t \t -1580 \t \t \t <\/p>\n

Tue 11\/6\t \t1965 Sherrod Brown (D) wins Ohio\t\t -1050
\n10:00AM\t \t1966 Josh Mandel (R) wins Ohio\t \t +550 \t \t \t <\/p>\n

Tue 11\/6\t \t1967 Tim Kaine (D) wins Virginia\t\t -320
\n10:00AM\t \t1968 George Allen (R) wins Virginia\t \t +240 \t \t \t <\/p>\n

Tue 11\/6\t \t1969 Tammy Baldwin (D) wins Wisconsin\t\t -165
\n10:00AM\t \t1970 Tommy Thompson (R) wins Wisconsin\t \t +125 \t \t \t <\/p>\n

2012 State Gubernatorial Elections
\nTue 11\/6\t \t1981 Maggie Hassan (D) wins New Hampshire\t\t -260
\n10:00AM\t \t1982 Ovide Lamontagne (R) wins New Hampshire\t \t +180 \t \t \t <\/p>\n

After 2012 Elections – President & Congress Combinations<\/p>\n

Democratic President + Democratic Senate + Democratic House
\nTue 11\/6\t \t2001 Dem President + Dem Senate + Dem House\t\t +2700
\n10:00AM\t \t2002 Any other result or split\t \t -5800 \t \t \t <\/p>\n

Democratic President + Republican Senate + Republican House
\nTue 11\/6\t \t2003 Dem President + Rep Senate + Rep House\t\t +3000
\n10:00AM\t \t2004 Any other result or split\t \t -7000 \t \t \t <\/p>\n

Democratic President + Democratic Senate + Republican House
\nTue 11\/6\t \t2005 Dem President + Dem Senate + Rep House\t\t -290
\n10:00AM\t \t2006 Any other result or split\t \t +210 \t \t \t <\/p>\n

Democratic President + Republican Senate + Democratic House
\nTue 11\/6\t \t2007 Dem President + Rep Senate + Dem House\t\t +12500
\n10:00AM\t \t2008 Any other result or split\t \t -62500 \t \t \t <\/p>\n

Republican President + Democratic Senate + Republican House
\nTue 11\/6\t \t2009 Rep President + Dem Senate + Rep House\t\t +350
\n10:00AM\t \t2010 Any other result or split\t \t -530 \t \t \t <\/p>\n

Republican President + Republican Senate + Republican House
\nTue 11\/6\t \t2013 Rep President + Rep Senate + Rep House\t\t +800
\n10:00AM\t \t2014 Any other result or split\t \t -1700 \t \t \t <\/p>\n

Republican President + Democratic Senate + Democratic House
\nTue 11\/6\t \t2015 Rep President + Dem Senate + Dem House\t\t +17500
\n10:00AM\t \t2016 Any other result or split\t \t -87500 \t \t \t <\/p>\n

Ballot Initiatives – Marijuana reform and legalisation
\nTue 11\/6\t \t4001 Colorado Amendment 64 to be passed\t\t -900
\n10:00AM\t \t4002 Colorado Amendment 64 won’t pass\t \t +500 \t \t \t <\/p>\n

Tue 11\/6\t \t4003 Oregon Measure 80 to be passed\t\t +550
\n10:00AM\t \t4004 Oregon Measure 80 won’t pass\t \t -1050 \t \t \t <\/p>\n

Tue 11\/6\t \t4005 Washington Initiative I-502 to be passed\t\t -1200
\n10:00AM\t \t4006 Washington Initiative I-502 won’t pass\t \t +600<\/p>\n","protected":false},"excerpt":{"rendered":"

Listed below are Barack Obama 2012 reelection odds as well as all of the 2012 US President odds and all of the ways you can bet on politics<\/p>\n

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