Tuesday, September 28, 2010

Offshore political odds update

Offshore sports book Pinnacle has betting lines on two U.S. Senate races, with Barbara Boxer (-183) favored against Carly Fiorina (+155) in California and Harry Reid (-159) favored against Sharron Angle (+136) in Nevada.

Discounting the vigorish, those lines suggest Boxer has a 63 percent chance of winning and Reid has a 60 percent chance of prevailing.

Considering Pinnacle books real-money wagers from bettors worldwide (though it officially does not deal to U.S. customers), I consider its odds more reliable than the opinions of any pundits or pollsters.

Sept. 28, 2010

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