Online sports betting on the presidential election

Hi All,

I was wondering what your thoughts were on whether Romney is now a lock on the nomination. Basically thru sportsinteraction.com you can place a bet on Romney winning the election offset with Obama winning the election and collecting a spread on the other candidates still in the running. This would lock in a 20 % return if you allocate the weights evenly. In this market not too bad ehhhhhhhhhhh. Arbitrage baby???

Please don't pass judgement on the morality of such a bet.

 

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