History has shown that the predictions markets are extremely accurate at determining the outcome of political events and with 55% of the betting public on Democratic Presidential Candidate Barack Obama, it looks like the Illinois Senator will be named the 44th President of the United States. Sportsbook.com predicts Barack Obama will earn 313 votes compared to 225 for John McCain. The election odds posted by Sportsbook.com show Barack Obama as a heavy -1000 odds favorite (Bet $1000 to win $100).

Most political analysis will agree the winner of the 2008 Presidential Election will be determined by a few key battle ground states including New Hampshire, Pennsylvania, Ohio, Virginia, North Carolina, Florida, Indiana, Missouri and Nevada. McCain must secure Pennsylvania and run the table on the rest of the battle ground states in order to have a chance to win.  CNN's poll of polls calculated Monday shows Obama leading McCain 51 percent to 43 percent in the state, with 6 percent unsure.

Obama and Republican Presidential Candidate John McCain both have a busy campaign schedule planned over the next 24 hours heading into the home stretch.  The election odds at Sportsbook.com on Arizona Senator chances to be named the 44th President of the United States show him as a +500 underdog (Bet $100 to win $500).  Republican operative Karl Rove predicts the outcome of the Electoral College Map will show Obama 338 and McCain 200 however Point-Spreads.com does not believe that Senator McCain will win more than 175.

For a complete discussion on the Presidential Election and Politics visit www.politicalwatercooler.com.

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