Oddsmakers favor Obama today

http://blogs.mcall.com/groller/ FROM KEITH GROLLER RJ Bell of pregame.com in Las Vegas sends out some interesting stuff on odds and betting lines and other tidbits related to sports gambling. Here's his latest nuggets, including the fact that the consensus among oddsmakers is that Obama will win re-election in today's biggest contest. Las Vegas, Nevada (November 6, 2012) - from RJ Bell of Pregame.com Presidential Election: Based on consensus odds as of Midnight Tuesday: Barack Obama to be re-elected: 67% Mitt Romney to win: 33% Some sportsbooks are even more pessimistic about Romney’s chances, offering $350 payoff on $100 bet. Although wagering on U.S. elections is not allowed in Nevada, many millions of dollars has been wagered online and around the world. Weekend in Vegas: The average bettor, who typically backs favorites, had an extremely profitable weekend winning overall both Saturday and Sunday (NFL favorites of 4-points or more were a perfect 8-0 against the spread) Amazingly, more than one bookmaker said “this weekend was the worst in Vegas history for the bookies.” Hypothetical BCS Lines: After talking to numerous bookmakers, the latest Vegas consensus is . . . If Oregon played Alabama in BCS game, Oregon would be a 4-point underdog (down from 6 last week) If Kansas State played Alabama in BCS game, Kansas State would be a 9-point underdog (down from 10 last week) If Notre Dame played Alabama in BCS game, Irish would be a 14-point underdog (up from 13 last week)