Online Casinos Offer Inauguration Proposition Betting
Nevada sportsbooks are limited to the types of action they may legally offer, but foreign betting sites have much more leeway, and they are accepting proposition plays for Barack Obama's Inauguration today. Online gambling sites will take action on everything from the color of the new President's tie, to the first celebrity in the crowd shown by television cameras, to key words in Obama's speech.
The Las Vegas Sun reported that lines at Paddy Power and Betsson reflect such options as which of the following will occur first under Obama: troop withdrawal from Iraq, legalization of marijuana, ban on private gun ownership, ban on capital punishment, capture of Bin Laden, or the announcement the moon landings were faked. Oddly, the ban on guns is considered the long shot, at 100-1, whereas the moonwalks being fake is only 50-1.
Gambling on words mentioned by Obama is another popular category, with play at the online casinos going anywhere from a penny return on a dollar bet for "the United States" to a thousand-to-one payoff for the mention by name of Doyle Brunson. Interesting plays include "Wall Street", at 5-1, and "poker", at 200-1.
The Internet casinos always like to give speculators a chance to make events more interesting by wagering on their opinions. The general election in the US was a gambling event at many online gambling sites, and the Academy Awards also always carries a number of betting options.
