President Barack Obama (© FilmMagic/Getty Images)

Bookie already paying out bets that Obama will win election

11/5/2012

Turns out Barry was a safe bet. The incumbent president has won another four years in the White House, at least according to one of the largest "bet shops" in Ireland and the U.K. In fact, Paddy Power is so sure that Obama will be re-elected, the bookie has already declared him victorious and started paying out winnings to those who bet on him. The polls may still say Romney and Obama are running neck-and-neck, but according to Paddy Power, 75 percent of those who laid down money on the race this past month bet on the current commander in chief. Still, the bookmaker seems mighty confident in its early call; maybe it's just eager to get back to horses. [Source]

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