Obama already past winning post at bookies
THE bookies are already paying out on Barack Obama to win the Democratic nomination for the race to the White House.
After his stunning victory last week in the Iowa caucuses, Mr Obama is now odds on favourite at 1-12 to secure the nomination and overcome his closest rival, Hillary Clinton.
On the eve of the crucial New Hampshire primary, Ireland's biggest bookmaker, Paddy Power Bookmakers decided yesterday that the contest was already well and truly over from a betting viewpoint.
The firm agreed to pay out €50,000 to punters who backed Mr Obama over the past few weeks, at odds ranging from 4-1 to 4-9.
Spokesman Paddy Power said: "With each passing day Obama is looking more like a certainty to get the Democratic vote and, as far as we are concerned, he is already past the post."
Mr Obama is the new favourite to become US president and is now on offer at 10-11 with Hillary Clinton drifting out to 5-2.
However, Mrs Clinton remains at the top of the poll for the Michigan and Florida Democratic primaries next month.
Meanwhile, John McCain has emerged as the leading Republican candidate and is now 11-8 favourite to win his party's nomination in the coming months.