Paddy Power pays out Scott Brown bets

(PRESS RELEASE) -- With 24 hours left to run before the United States Senate special election in Massachusetts Irish bookmaking outfit Paddy Power Sportsbook has already paid out on Republican candidate Scott Brown winning the seat last held by Democratic Senator Ted Kennedy.

The leading betting company reported "very significant" betting in support of the Republican candidate which resulted in his odds tumbling from 5/4 to 1/5. Consequently the odds on Democratic candidate Martha Coakley have drifted from 4/7 to 3/1.

Paddy Power said "Enough is enough it seems that Senator Brown just has to get out of bed tomorrow to win convincingly. As far as we're concerned this race is well and truly over"

Paddy Power has also cut the odds on the Republicans winning the 2012 Presidential Election from 11/10 to evens and have installed Senator Scott Brown at odds of 20/1 to win the Republican Presidential Nomination in 2012.

Massachusetts Senate Seat (when suspended)
1/5 Republican (from 5/4)
3/1 Democrats

2012 Presidential Election Winning Party
8/13 Democrats
Evs Republicans (from 11/10)
80/1 Any Other

2012 Presidential Election Republican Presidential Nominee
3/1 Mitt Romney
4/1 Haley Barbour
5/1 Newt Gingrich
5/1 Sarah Palin
8/1 John Boehner
10/1 Tim Pawlenty
10/1 Mike Huckabee
12/1 Bobby Jindal
12/1 Jon Huntsman
16/1 Fred Thompson
16/1 Bill Owens
18/1 Chuck Hagel
20/1 Scott Brown
20/1 David Petraeus
20/1 Jeb Bush
20/1 Lindsey Graham
20/1 Rudolph Giuliani
20/1 Chuck Baldwin
25/1 Tom Ridge
25/1 Ron Paul
33/1 John Ensign
33/1 John McCain
33/1 Condoleezza Rice
33/1 George Allen
40/1 Bill First
40/1 George Pataki
50/1 Sam Brownback
50/1 Arnold Schwarzenegger
100/1 Dick Cheney
500/1 Laura Bush