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THURSDAY, NOVEMBER 26, 2009
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 OPINION 
16

Palin 2012 Odds See a Sharp Rebound

Betting suggests gamblers believe Palin can go the distance

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(Newser) – Gamblers were rushing to place online bets as soon as they got wind of Sarah Palin's resignation, Keith Thomson writes at the Huffington Post. The odds of her winning the nomination in 2012 shot up sharply the day of the resignation. They then shortened amid a surge in betting as the rumored career-killing scandal failed to materialize.

Analysts say the betting activity signals that gamblers believe Palin can go the distance and build a winning lead in the lower 48, Thomson writes. He notes that studies show that gamblers tend to forecast outcomes more accurately than even the best pollsters or analysts—who don't stand to lose money if they're wrong. 

Sarah Palin blows a kiss to supporters after speaking at an election rally at the Silver Spurs Arena, in Kissimmee, Fla. last fall.
Sarah Palin blows a kiss to supporters after speaking at an election rally at the Silver Spurs Arena, in Kissimmee, Fla. last fall.   (AP Photo/Joe Burbank, Pool, File)
Sarah Palin is seen during an election night rally in Phoenix on Tuesday, Nov. 4, 2008.
Sarah Palin is seen during an election night rally in Phoenix on Tuesday, Nov. 4, 2008.   (AP Photo/Chris Carlson)
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This suggests to us that our traders think that her resignation may be to start building a base from the lower forty-eight states. - John Delaney, CEO of trading-exchange site Intrade

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16 comments
VIEWING:
 
jaguarj
Jul 7, 09 7:29 AM CDT
Go ahead..roll the dice!! Reply
Vote up! Vote down!
+2
Caps
Jul 7, 09 7:48 AM CDT
The lower 48 states does not need this quitter. Reply
Vote up! Vote down!
+1
myvoice
Jul 7, 09 8:15 AM CDT
I hope she does run against the President! It will be like a train wreck when she debates him! Then we will all see how smart sh really is or is not... emphasis on the is not!! Obama debates Palin 2012 cant wait!!!! Reply
Vote up! Vote down!
+2
IN RESPONSE:
schmidtkoff
Jul 7, 09 9:29 AM CDT
she'd be a fool if she did. oh i forgot that's a given.
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0
IN RESPONSE:
NewserScooter
Jul 7, 09 9:44 AM CDT
Obama won't have a teleprompter however. That will make it even I think. O will not have a second term.
Vote up! Vote down!
-1

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