70% of wagers support Karl Rove at Sportsbook.com

[sabra]

http://biz.yahoo.com/prnews/051018/to219.html?.v=13

American bettors believe Rove will remain in the White House
Tuesday October 18, 12:18 pm ET
70% of wagers support Karl Rove at Sportsbook.com


WASHINGTON, DC, Oct. 18 /PRNewswire/ - In the past few days sportsbook.com has seen Americans increasingly betting that Karl Rove will remain as President Bush's indispensable White House Deputy Chief of Staff. Now more than 70% of wagers are landing on Rove staying in the White House.

Sportsbook.com is the only online sportsbook to offer updated odds on the long-running scandal that continues to plague the Bush Administration. Current odds are 10-11 that Rove will have to leave the White House in the wake of an ongoing criminal investigation, and 10-11 that he will not.

The odds on Rove's future shifted over the past weekend as the spotlight turned to Vice President Dick Cheney's Chief of Staff Lewis (Scooter) Libby in the wake of Grand Jury testimony by New York Times reporter Judith Miller. At issue has been Rove and now Libby's role in the leak of the identity of a covert CIA operative to reporters in an effort to discredit an outspoken critic of the administration's war in Iraq.

Even if Rove is not indicted, many political observers still feel the president may be forced to bid good-bye to his long time top strategist to preserve the administration's credibility. Since first posting odds, betting trends have shifted from a tilt towards the view that Rove will leave the White House to an even split.

[Verve]

1. I think it's safer to play the Powerball. n/t

[Silverhair]

2. Interesting.

They are usually correct.

[flowomo]

6. follow the money... as they say...

of course, the bettors have no "better" idea of what's coming down than anybody else, but it represents some kind of gut feeling. And people who have already bought party hats for the Rove indictment may be in for a disappointment.

[hang a left]

8. No way is he gonna get off.

If he is the one that Raw Story is talking about I assure you that he was not offered immunity, only a plea bargain. Well I hope so anyway.

[flowomo]

9. me too.... but I'm not getting too excited just yet

[McKenzie]

3. hope it's not the betting equivalent of Insider Trading n/t

[sabra]

4. I hear you... though betters are always looking for re-assurance.

[hang a left]

5. Well then

I'll take the other side of that action.

[Joe Chi Minh]

7. You bet! And me too!

[Halliburton]

10. i'd bet on it too

Shrub wouldn't fire him even if Rove got an arrest warrant.

[cantstandbush]

11. I hope Karl stays on. It will be much easier to tell him to go "f*** your

self, Karl." Even if he is not indicted, many will believe that he was behind it all since he is always given credit for everything that the administration does.

[Skidmore]

12. So have the odds changed since the breaking news broke?