Us Presidential Election 2004. Betting Information From Centrebet

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17th June 2008, by Taylor Luk

Centrebet offered US American Presidential Election 2004 betting odds. The 2004 US Presidential Election, and the National Elections, were held on November 2, 2004.

Presidential Election Betting 2004

Betting on elections has become a popular activity in recent years with Centrebet offering Australian Federal Election odds as well as books on the British General Election and the Canadian Federal Election.

In 2004, everyone seemed to have an opinion on who would lead the USA after the November election, and that made it a terrific betting contest for us. Looking through our betting ledger, we had taken US election bets from over 20 countries, which is really quite odd on an election, but naturally the profile of the US, and George Bush, are the reasons for that.

Election Bookmaker Right...opinion Polls Wrong

Al-Qaeda leader Osama bin Laden handed the American presidency to George W. Bush for four more years - that is the view of the boss of renowned election betting specialist, Centrebet.

Australian bookmaker Gerard Daffy, a veteran of dozens of election betting races around the world, says that punters came for Bush as soon as Al-Jazeera screened Bin Laden's tape. "I do not know if Bin Laden wanted to help or hinder Bush's bid but he did the former," says Daffy. "Centrebet's trends suggest that Bin Laden's message was the defining moment of the campaign. Bush's odds dropped from $1.67 pre-broadcast to $1.55 when the booths opened."

There is independent evidence to support Daffy's claim that Centrebet's election odds are more accurate than opinion polls. Harvard University's Andrew Leigh and Justin Wolfers, of Stanford, found that its odds on the 2001 Australian vote not only forecast the overall result correctly but also provided incredibly precise estimates of outcomes in more than 40 individual electorates. Leigh, now attached to the Australian National University in Canberra, and Wolfers, now working out of the University of Pennsylvania in Philadelphia, concluded that news editors should have published more betting stories and fewer opinion polls during the lengthy election campaign.

More Entertainment Betting Opportunites From Centrebet

Centrebet is the world's leading entertainment bookmaker and takes bets on a wide range of competitions, including reality television shows, beauty pageants, and song contests. Register to bet with Centrebet and take advantage of our comprehensive range of betting odds. As well as offering online sports betting, Centrebet are renowned for offering a vast array of novelty betting events including Idol betting, Big Brother betting and odds on the Eurovision Song Contest. One of our favourite novelty betting events is the Finnish Wife Carrying Championships - a far cry from the various elections from all over the world we offer prices on. Past and current election coverage includes offering American Presidential Election odds, as well as books on the British General Election and the Canadian Federal Election.

Books for many of these events are now open for Centrebet customers. In order to bet on these sporting events, you first need to register to bet with Centrebet on our secure bet site. You can check our online sports betting calendar for more information on upcoming events.

last update : 17th June 2008 17:11