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News Link • Politics

London odds-makers predict Obama win

• Terrence Aym
According to London bookmakers, during the 2012 U.S. presidential election the odds again favor Obama, although with almost three months remaining until election day, the company admits those odds could change—even dramatically. But as of this writing, Ladbrokes sees another four years for Obama quoting the odds for his re-election at 2/5 compared to a 15/8 for Mitt Romney. For those that don't follow betting and odds-making, the bookies are giving President Obama about a 70 percent chance of winning. They peg Romney's chance at around one in three, or 35 percent.

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