Paddypower caught drinking Obama Kool-Aid

9 Jan 2008

By Vin Narayanan

It doesn't happen often, but Irish sportsbook Paddypower got caught with its pants down. The popular online betting site decided Senator Barack Obama was a lock to win the Democratic nomination after winning the Iowa Caucus last week and began paying off bets on him Monday -- the day before Senator Hillary Clinton won the New Hampshire primary.

Paddypower sheepishly concedes on its election microsite that the decision to pay off Obama bets to win the Democratic nomination was "a little premature." But in an impressive piece of spin control, they're claiming credit for Clinton's victory.

"Hillary Clinton must have taken the brash move to heart," Paddypower said on its Web site. "Much like her husband, who also lost in Iowa, she made a dramatic comeback with victory in the New Hampshire Primary."

Paddypower now lists Clinton as an 8-15 favorite to win the Democratic nomination. The odds for Obama to capture the nomination are 11-8.

On the Republican side, Senator John McCain is an 11-8 favorite to capture his parties nomination. Mayor Rudy Giuliani is the second choice at 2-1.

Language Support: Your Location: > edit your preferences Home Online Slots Online Casinos Online Poker Online Bingo Backgammon Mahjong & Rummy Skill Games Lotteries Sportsbooks Betting Exchanges Spread Betting Binary Options Live Dealers Exclusive Bonuses Weekly Newsletter Online Gaming News Payment Methods Gaming Software Gaming Site Owners Gaming Jurisdictions		Bonuses! New games! Gossip! And all the player news you can handle. Sign up NOW! View the current issue Vin Narayanan Vin Narayanan is the managing editor at Casino City. When he's not writing or editing stories, he likes to play Chinese Poker, Badugi, Razz and any other "non-traditional" poker game. He also thinks blackjack is his best game and loves game theory. Before joining Casino City, Vin covered (not all at the same time) sports, politics and elections, wars, technology, celebrities and the Census for USATODAY.com, USA WEEKEND and CNN. More about Vin Narayanan More articles by Vin Narayanan Related Links Paddy Power Sportsbook Site Details
	Paddypower caught drinking Obama Kool-Aid 9 Jan 2008 By Vin Narayanan <a href='http://as1.casinocity.com/adclick.php?n=a21efcd1'><img src='http://as1.casinocity.com/adview.php?what=-site:vendors/width:250/RON&n=a21efcd1' border='0' alt=''></a> It doesn't happen often, but Irish sportsbook Paddypower got caught with its pants down. The popular online betting site decided Senator Barack Obama was a lock to win the Democratic nomination after winning the Iowa Caucus last week and began paying off bets on him Monday -- the day before Senator Hillary Clinton won the New Hampshire primary. Paddypower sheepishly concedes on its election microsite that the decision to pay off Obama bets to win the Democratic nomination was "a little premature." But in an impressive piece of spin control, they're claiming credit for Clinton's victory. "Hillary Clinton must have taken the brash move to heart," Paddypower said on its Web site. "Much like her husband, who also lost in Iowa, she made a dramatic comeback with victory in the New Hampshire Primary." Paddypower now lists Clinton as an 8-15 favorite to win the Democratic nomination. The odds for Obama to capture the nomination are 11-8. On the Republican side, Senator John McCain is an 11-8 favorite to capture his parties nomination. Mayor Rudy Giuliani is the second choice at 2-1.

Vin Narayanan

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Paddypower caught drinking Obama Kool-Aid