WILLEMSTAD, CURACAO (December 2, 2008) - ‘Change has come to America’ proclaimed Barack Obama, in his historic acceptance speech to become America’s first ever black President. Despite his landmark election win, has Obama done the most to influence the events of 2008? This is the criteria set out by Time Magazine for their annual Person of the Year award, and leading online sportsbook, PinnacleSports.com, has created betting options on whether Barack Obama will become the 82nd recipient.
Following Obama’s election victory - on the back of an almost faultless campaign – the oddsmakers at PinnacleSports.com have made the President-elect an overwhelming favourite to win the 2008 Time Person of the Year award, with ‘yes’ priced at 1.14* (bet $100 to return $114) and ‘no’ at odds of 7.30* (bet $100 to return $730).Sign-Up Now
“With five US Presidents winning the award since 1990, the betting for the 2008 Time Person of the Year at PinnacleSports.com certainly speaks strongly in favour of Barack Obama,” said Simon Noble, spokesperson for PinnacleSports.com. “Although major sporting events are PinnacleSports.com’s staple, we are always looking for interesting new markets, such as the Time Person of the Year. In such a momentous year as 2008, the award is guaranteed to generate serious debate, which is translating into a lively betting market.”
Obama is the clear choice from Time’s online poll, but it is the magazine’s editors who make the final choice. Having nominated ‘You’ in 2006, they could easily argue that it is actually the American electorate, or democracy, that has influenced events this year, in voting for change by choosing a black President. After a collapse in financial markets of incomparable magnitude, a strong case could also be made for the Credit Crunch, which has certainly touched everyone’s lives.
For latest odds please click here - 2008 Time Person of the Year Betting Odds
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PinnacleSports.com (www.pinnaclesports.com) is a leading International online sports betting site serving customers in more than 100 countries worldwide. Founded in 1998, PinnacleSports.com was the first sports book to introduce a reduced margin pricing model with odds that offer up to 60% better value than traditional bookmakers. With low minimum bet requirements and the highest maximum limits on the Web, PinnacleSports.com has earned an industry leading reputation for providing consistent value to the player, professional customer service and the quickest payouts online. Fully licensed and regulated in the Netherlands Antilles, the company offers a secure environment for sports betting, racing and casino gaming.