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Politics Betting Online: If you're looking for the best advice for politics odds, you've certainly come to the right place. Here at Bookmaker sportsbook, we're previewing the 2012 United States Presidential Election, which will take place on Tuesday, November 6th, 2012 to determine the president for the next four years between Democrat incumbent Barack Obama and Republican challenger Mitt Romney.

Politics Betting Online: Democratic incumbent president Barack Obama has surged ahead to become a heavy favorite to retain his office for another four years following the United States general election on Tuesday, November 6th, 2012. While Obama was always seen as likely to get re-elected, the gambling line earlier this year named him approximately a 2-to-1 favorite. However, as the campaigns heat up and the country turns its eyes toward the early November decision day, Obama has surged forward and seen his political odds increase.

As it stands, Barack Obama is listed as a -420 favorite to win re-election. Romney was seen as an approximate 2-to-1 underdog a few months back, but has now dropped down to +350 in his odds to take over the White House. The shift has coincided with news that Obama is widening his lead in key swing states. If states like Ohio, Pennsylvania and Florida go Obama’s way, he should cruise to the presidential victory. However, if Romney can make a late charge and win those electoral votes, he suddenly has a real shot at the upset.

While Obama and Romney are the two main candidates, independent Ron Paul is also on the site to be wagered on. He is an extreme longshot and would pay off at +20000 if he were to somehow win the presidency. The politics odds have also been broken down into parties, as Democrats are the -420 favorite, the Republicans a +350 underdog and Independents the +20000 longshot.

If gamblers believe Romney can gain some momentum late, then this is a good time to wager on him, as the swing state news that recently came out has been a surge for Obama. For those who believe Obama has this race wrapped up, betting the favorite can be akin to collecting easy money in politics odds. There is a $5,000 limit on elections bets.

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