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peter
Lieutenant
Joined: 22 Aug 2004
Posts: 214
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 Posted: Wed Nov 03, 2004 2:52 am Post subject: Online Betting NOW SHOWING BUSH WIN"S ELECTION |
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AS some of you know, I've been following the $ all day, the day started out with 60 / 40 Bush winning the betting,
during the day, (almost the entire day) it went all the way to 80 / 20 Kerry, which I think means a $80 bet would win you $50 or a $20 bet would win you $50.
The President just broke back over the $50 range.
This has been a interesting experience. |
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wwIIvetsdaughter
Captain
Joined: 02 Sep 2004
Posts: 513
Location: McAllen, Texas
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| Posted: Wed Nov 03, 2004 3:00 am Post subject: |
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As a non-gambler, could you explain this?  |
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peter
Lieutenant
Joined: 22 Aug 2004
Posts: 214
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| Posted: Wed Nov 03, 2004 3:05 am Post subject: |
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| wwIIvetsdaughter wrote: | | As a non-gambler, could you explain this? |
Just like people can bet on baseball games, there are internet sites that allow people to bet on who is going to win and give "odds" or points, there was hudge swings during the day. With the day starting off giving big "odds" on GW winning then the tables turned and you could get great odds (like a horse race) and make a lot of $ if you bet on GW.
The tables are now turned and the $ is on GW winning.
Great great news. |
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