Friday, October 17, 2008

Bookie Paddy Power pays out early on Obama victory


Yeah!!! Paddy Power people were super nice to me when I was in Ireland, giving me all sorts of Paddy swag.

The general public may still be weighing up who came off best in the concluding US presidential debate last night but Irish bookmaker Paddy Power today said it is to pay out early on Barack Obama becoming president.

The bookmaker said this morning it is to pay out in excess of €1 million to punters who have bet on the Illinois senator taking over the world's top job in three weeks time.

More than 10,000 bets have been placed on the 2008 presidential election with Paddy Power in Ireland, with the majority placed in support of Mr Obama over the past 12 months.

(snip)

“We declare this race well and truly over and congratulate all those who backed Obama, your winnings await you. Although the Senator seemed a little off sorts in last night's final debate we believe he has done more than enough to get him across the line on November 4th. The overall betting trend has shown one way traffic for Obama since the start of the summer and punters seemed to have called it 100 per cent correct," the bookmaker said in a statement.

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