POLITICS
10/04/2008 05:12 am ET Updated May 25, 2011

McCain More Likely to Drop Palin, Bookmakers Say

The smart money thinks there's a better chance today than yesterday that John McCain will dump Sarah Palin as his running mate.

Before the Republican senator's presidential campaign disclosed the pregnancy of Palin's 17-year-old daughter, bookmakers in Britain and Ireland were offering 20-1 odds or higher on a bet that she would be forced off the ticket, meaning a 1 pound ($1.78) bet would pay 20 pounds. Now that same bet will pay no more than 8 pounds.

"While it is rare that a VP candidate gets dropped, it's not completely impossible," said Ken Robertson, political betting analyst at Paddy Power Plc, a Dublin-based gambling company. "Lots of our punters are betting `Shocking' Sarah's days are numbered,'' he added, using a nickname he came up with for the first-term Alaska governor.

Read more on Bloomberg