Hillary Clinton still favorite in 2008 Presidential Race

With the New Hampshire debates behind both political parties, Hillary Clinton still remains the favorite to become the President of the United States in 2008. Sportsbook.com's oddsmakers have Clinton listed at 2 to 1 odds.

With George W Bush constitutionally limited to two terms and Vice-President Dick Cheney making clear he will not be running, the race for the White House is wide open for the first time since 1928. The 2008 Presidential Election campaign season is becoming just as popular with overseas bettors.

UK bookmaker William Hill received a £20k wager on Clinton and have shorten her odds from 6/4 to 11/10.

"We believe this is the largest bet ever placed on a female politician," said Hill's spokesman Graham Sharpe. "We don't take that many bigger ones for male politicans, either! Punters have been backing Hillary to become President since the day her husband ceased to be, and already she will cost us over £500,000."

Hill also took a £1000 wager at odds of 50/1 for outsider Ron Paul to win the race to the White House – his odds have now been cut to 25/1.

Barack Obama, who Time magazine dubbed Senator Obama "America's hottest political phenomenon" is the second favourite at 7/2.

Sportsbook.com has posted political betting odds on who will be named the President of the United States in 2008:

Hillary Clinton 2-1

Barack Obama 7-2

Al Gore 6-1

John McCain 5-1

George Allen Jr 50-1

Rudy Giuliani 3-1

Sam Brownback 25-1

Bill Richardson 50-1

Mark Warner 30-1

Mitt Romney 8-1

Mike Huckabee 50-1

Evan Bayh 40-1

Chuck Hagel 50-1

Colin Powell 50-1

Joe Biden 50-1

Bill Frist 50-1

John Edwards 7-1

Newt Gingrich 20-1

Tom Vilsack 50-1

Russ Feingold 50-1

Rick Santorum 80-1

Tom Tancredo 100-1

Mike Gravel 100-1

Tom Ridge 60-1

Tom Daschle 60-1

Bill Owens 100-1

Bob Kerrey 100-1

John Kerry 40-1

George Pataki 50-1

Condoleezza Rice 30-1

Gary Locke 100-1

Dick Gephardt 100-1

Wesley Clark 20-1

Dick Cheney 75-1

Howard Dean 100-1

Alberto Gonzales 100-1

Bob Ehrlich 100-1

Charles Schumer 100-1

Harold Ford Jr 100-1

Jack Kemp 100-1

Jeb Bush 100-1

Jay Rockefeller 100-1

Ralph Nader 100-1

Paul Bremmer 150-1

Joe Lieberman 150-1

Bob Graham 150-1

Michael Bloomberg 150-1

Tommy Franks 200-1

Jesse Jackson 200-1

George W Bush 200-1

Dennis Kucinich 200-1

Arnold Schwarzenegger 250-1

Bill Clinton 300-1

Paul Wolfowitz 750-1

Alan Keyes 750-1

Elizabeth Dole 750-1

Clint Eastwood 750-1

Ted Kennedy 750-1

Bill O'Reilly 750-1

Laura Bush 500-1

James Carville 1000-1

Jesse Ventura 1000-1

Al Sharpton 500-1

John Ashcroft 1500-1

Donald Rumsfeld 500-1

Pat Robertson 2000-1

Bill Maher 2500-1

Donald Trump 1000-1

Michael Moore 1000-1

Chris Dodd 100-1

Doug Stanhope 50-1

Wayne Root 1000-1

Ron Paul 15-1