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BoDog releases first Official odds for California Governor Race '03
http://www.bodog.com/press-releases/2003/0811-election-odds.jsp ^ | August 11, 2003 | BoDog

Posted on 08/26/2003 10:40:47 PM PDT by Cultural Jihad

PRESS RELEASES

For Immediate Release

August 11, 2003

BoDog releases first Official odds for California Governor Race '03

BoDog Sportsbook & Casino has released the first set of official odds for the California Gubernatorial election set for October 7, 2003 and, to nobody's surprise, Arnold Schwarzenegger is a heavy favorite.

Listed at 1-10, Schwarzenegger is a heavy favorite ahead of Democrat and current Lt. Governor Cruz Bustamante, who is listed at 3-2.

"The election in California is promising to be the biggest news story of the year," said BoDog President, Rob Gillespie. "When something is this big, people want to bet on it."

BoDog's oddsmakers selected 10 candidates from the list of nearly 200 who have submitted the proper paperwork to run in the special recall election.

Current Governor Gray Davis is listed at 8-1 to avoid recall and maintain his post of Governor of California.

"We had to have some option for a failed recall," said Gillespie. "That's why we've listed Davis with other candidates."

With the candidates list featuring a diverse selection of hopefuls, BoDog has posted odds for a few of the more notable names.

"Gary Coleman filed the necessary paperwork and is indeed a candidate in this election," said Gillespie. "But he's also indicated he has no platform and no intention of running a campaign, therefore we've listed him as the longest shot at 500-1."

Self-described smut peddler Larry Flynt is also a real long shot to win and is listed at 100-1 along with thong-selling hopeful Georgina Russell.

"It is California and anything can happen," said Gillespie. "Flynt has positioned himself as the 'smut peddler who cares', the voting public probably won't buy that one."

Other candidates with strong political backgrounds round out those listed by BoDog. Bill Simon, who narrowly lost to Davis in 2002, is listed at 4-1.

"Simon only lost by 355,000 in 2002," said Gillespie. "If he gets that kind of support in this election, he could be the dark horse while Arnold's getting all the hype."

Tom McClintock, a current state Senator, is listed at 12-1 while former Major League Baseball commissioner Peter Ueberroth is 6-1 to succeed Gray Davis. Political pundit Arianna Huffington is listed at 10-1.

"Essentially, this is an informal form of polling the voting public," said Gillespie. "As the wagers come in our oddsmakers will have to adjust the odds according to how the public is wagering."

The Odds for the 2003 California Gubernatorial Special Election will be available until election day, October 7th 2003. To view the Odds online CLICK HERE.


TOPICS: News/Current Events; Politics/Elections
KEYWORDS: schwarzenegger

1 posted on 08/26/2003 10:40:47 PM PDT by Cultural Jihad
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To: Cultural Jihad
Seeing as Simon is out I wonder about how closely they have examined the election before coming up with their odds...And AS is not that far ahead of Bustamante.
2 posted on 08/26/2003 10:58:29 PM PDT by swilhelm73
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To: swilhelm73
The article's second-to-the-last paragraph explains a bit of how the odds are derived.
3 posted on 08/26/2003 11:03:32 PM PDT by Cultural Jihad
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To: Cultural Jihad
A few things have happened since Aug. 11.
4 posted on 08/26/2003 11:04:01 PM PDT by jam137 (see my FR homepage for CA Recall perspectives)
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To: jam137
True, it's been a couple of weeks. Maybe other odds makers have a more current page?
5 posted on 08/26/2003 11:10:34 PM PDT by Cultural Jihad
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To: Cultural Jihad
Olympic has the following odds (current as of 1:30 am):
Arnold: -125 (bet $125 to win 100)
Bustamonte: +120 (bet $100 to win $120)
Grey Davis: +325
Ueborroth: +800
Arianna: +5000
McClintock: +1000
Flynt:+25000
Gary Coleman: +50,000

Maximum bet is $50, so don't expect to get rich
6 posted on 08/26/2003 11:39:52 PM PDT by Moosehead
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To: Cultural Jihad; FairOpinion
See also:
World Sports Exchange on California governor odds
      Posted by FairOpinion
On 08/22/2003 2:18 PM PDT with 3 comments


OnlineCasinoNews ^ | Aug. 22, 2003 | OnLineCasinoNews

.

Vegas oddsmaker: Schwarzenegger slim favorite in recall race
      Posted by FairOpinion
On 08/21/2003 10:24 PM PDT with 19 comments


San Francisco Chronicle ^ | Aug. 21, 2003 | AP

7 posted on 08/26/2003 11:58:56 PM PDT by RonDog
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See also:
http://www.tradesports.com

8 posted on 08/27/2003 12:01:59 AM PDT by RonDog
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To: Cultural Jihad
As a horse racing fan, I can tell you that 1-10 odds on any favorite are insane. They're saying Schwarzenegger has a 90% chance of being the next governor. Davis is the best bet on the board at 4-1. I think he has better than a 20% chance of keeping his job.
9 posted on 08/27/2003 5:32:40 PM PDT by TedsGarage
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