First a brash African American guy with a most un American sounding name, Barack Obama, defeats the Bill and Hillary Clinton long established political powerhouse in the Democratic primary. For the first time in history a black man was nominated to represent a major party in a bid for the Whitehouse. And he did it against a Hillary Clinton that in 2006 was considered by most as unbeatable. While this is a historic achievement that America should be proud of it is an unlikely and rather bizarre event that makes the 2008 campaign unlike any other in American history.
Then as if Obama's upset victory wasn't enough, John McCain resurrects himself from the political graveyard to win the Republican Party's primary. This is an amazing feat as there are many in his own party's leadership who are not all that fond of the "maverick". McCain is considered by his own party leaders as hotheaded and unpredictable and has on many occasions not been a team player. Yet he was able to prevail. Amazing stuff.
There is more. As a conflicting footnote to his message of change, Obama, to round out his ticket, selects a white haired old Washington hand, Senator Joe Biden, who has considerable foreign policy experience. Obama is then criticized for bringing experience to his team in an area where he was criticized for being light on experience. Go figure. It must be American politics at its finest.
Then a day after Obama's convention speech McCain hurls a bombshell by naming a largely unknown Alaska Governor Sarah Palin, as his running mate. The first news reports on Palin discloses that she is a hockey mom, eats mooseburgers, is a hard line pro life advocate, is under investigation by the Alaska state government on ethics charges, and that her seventeen year old unmarried daughter is five months pregnant.
With a little over two months to go until election day more revelations about Palin are sure to be revealed. Most will probably be of the sort that should have no place in politics. But in the insane election year of 2008 appearently no topic is considered out of bounds, no matter how tasteless and meaningless it is.
McCain, ever the gambler, has rolled the dice in a major way with the Palin nomination. There goes McCain's high minded sounding campaign theme "county first" as far right votes were more in the logic of his selection process than Palin's ability to lead the nation if anything happened to McCain.
All of these twists and turns would be highly amusing if only the need to have the right leaders correct the course that the US has been on for the past eight years wasn't so urgent. The rest of the world must be observing events with a mixture of amusement and horror. To think that a 72 year old man with medical problems could be elected to the most important job in the world is by itself world wide attention getting.
In addition, to think that McCain's backup would be a 44 year old PTA hockey mom with only small town mayor (about 9,000 people) experience and two years small population state (about 660,000) experience as governor is truly unbelievable. Once again America would prove to the world that the nation has gone insane and as a result the entire world must suffer.
Palin even believes that global warming is a fiction. And that polar bears should be left to fend for themselves, just forget that we may be next if we don't get the global warming challenge fixed.
Today I saw one comment from a big shot Republican Palin supporter that "Americans will love Palin because in Palin and her family they can see the sameness to their own situations". Has American politics come to that? Instead of wanting a highly intelligent, accomplished, and competent leader Americans want leaders who are average Joes just like themselves?
If that is the case in the near future America will not be able to compete against nations that place education, competence, and accomplishment far above "sameness". The insane 2008 American Presidential campaign may be an indicator of a nation gone far off the tracks. Should McCain Palin win, America may well be on its way to sameness when compared to second tier poorly performing nations.
As there would be a fair chance that if elected to the VP office Palin would eventually become President, especially if McCain entered a second term, a President Palin would probably seal that unhappy fate.
The 2008 Presidential Campaign
Election betting is not new. In fact, Las Vegas oddsmaker Jimmy ?The Greek? Snyder gained fame and credibility (which later led to a spot on CBS? NFL preview show) when, after noting that women did not trust men who wore mustaches, boldly predicted that underdog incumbent President Harry S. Truman would defeat New York Governor Thomas E. Dewey in the race for the Oval Office in 1948. Or so the story goes.
The irony is that Nevada sportsbooks do not accept wagers on elections. The often cited reason is not that, like entertainment award voting such as the Oscars, that someone knows the results of the balloting in advance, but that there is something queasy about mixing gambling and politics.
Yeah, right.
Certainly, most online sportsbooks outside the jurisdiction of the Silver State have little difficulty in posting futures on who will win the next four-year lease at 1600 Pennsylvania Avenue. The process, which should come to a conclusion when delegate-rich states such as California, New York and Florida vote next February, already is underway with 10 Republicans and eight Democrats vying for the prize. Each party field could grow and there also is the possibility for a fusion ticket or an independent candidacy.
Generally, online sportsbooks attack the 2008 election in one of three ways. The simplest way is to post a generic proposition on which party will win the White House. Led by a President with record low approval ratings and saddled with an increasingly unpopular war in Iraq, the Republicans are clear underdogs to maintain control in 2008, usually listed as +140 underdogs (bet $100 to win $140). On the other hand, Democrats, with their base more energetic and independent voters tracking in their direction, are quoted as -160 favorites (bet $160 to win $100) to regain control of the Oval Office.
Could someone unaligned with either of the major parties, such as an independent or a third party candidate, win? You can get +5250 on that remote possibility.
Many online sportsbooks also boast separate future books for Democrats and Republicans. Although she voted to authorize the Iraq war, a very unpopular position among party activists, New York Senator and former First Lady Hillary Clinton heads the list of Democrats, usually at odds around 4/5. Representing a younger generation, Illinois Senator Barack Obama is the clear second choice at 5/2 with former North Carolina Senator John Edwards, 5/1, and as yet unannounced candidate, former Vice President Al Gore, offered from a low of 4/1 to a high of 10/1. New Mexico Governor Bill Richardson, who widely is viewed as an ideal vice presidential choice, Senators Chris Dodd (CT) and Joe Biden (DE), former Senator Mike Gravel (Alaska) and Congressman Dennis Kucinich, are longshots.
Despite holding liberal to moderate views on many social issues, such as abortion, gay rights and gun control, former New York Mayor Rudy Giuliani is a 7/5 favorite to get the nod of the largely conservative GOP to run for President. Arizona Senator John McCain, who holds an unpopular position on immigration, is the 5/2 second choice with former Massachusetts Governor Mitt Romney, whose positions have evolved (his detractors would say ?flip-flopped?) is quoted at 4/1 with former Tennessee Senator Fred Thompson likely to enter the race in July at about the same odds as Romney.
Former House Speaker Newt Gingrich, would enter the race at about 15/1 should he diced to run, ahead of previously announced candidates such as former Governors Mike Huckabee (AK) and Tommy Thompson WI), Senator Sam Brownback (KS), and Representatives Duncan Hunter, Ron Paul and Tom Tancredo.
Senator Chuck Hagel (NE), 30/1, could enter the race as either a Republican or as an independent.
The third way online sportsbooks offer Presidential election futures is to lump all the candidates together in one massive book. The difference between this type of book and the separate party books is the same as the difference between World Series and pennant futures; more risk but more reward in going for the whole enchilada.
Clinton is the favorite in the big book, usually at about 2/1. Giuliani checks in next at odds of 7/2 with Obama at 4/1, McCain at 6/1, Romney and Gore at 8/1.
As the 2008 election draws nearer, many online sportsbooks will add key Senate, House and Governor races to their wagering menu, providing even more options to election betting.
Luken Karel has sinced written about articles on various topics from Recreation and Sports, Football and Recreation and Sports. This article was written by Luken Karel for -The Greek Sportsbook & Casino is host to one of the top offering sports betting on NFL, NBA, MLB. Luken Karel's top article generates over 5400 views. to your Favourites.
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