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October 2, 2014

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Odds on Palin dropping out of race

The offshore betting exchange InTrade is offering a contract on whether Sarah Palin will officially be withdrawn as the Republican vice presidential nominee or candidate before the presidential election.

In a market that's fairly illiquid in the early going of the betting, the bid price on the prop is listed at 13 with an ask price of 13.6 at InTrade, which is incorporated in Ireland.

In Las Vegas terms, it's approximately a 7-1 shot Palin will drop out.

Betting on politics is not permitted in Nevada.

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