Bettors take
aim at latest White House Scandal
Bettors take aim at latest
White House Scandal By staffSportsbook.com has entered
the fray in the latest political storm to rock the
White House by offering odds on the future of its
Deputy Chief of Staff, Karl Rove. The opening line
is that Rove will not be dismissed or resign in
the wake of an ongoing criminal investigation, with
odds at 1-6.
Rove’s job security has been the subject
of much speculation since allegations surfaced recently
that he leaked the identity of a CIA operative to
the media in an effort to discredit an outspoken
critic of the administration’s war in Iraq.
The betting line is a reflection of President Bush’s
seeming flip-flop on the issue based on comments
he has offered since the scandal broke in 2003.
Initially, Bush said he would fire anyone from the
administration found to have been the source of
the leak. After Rove was revealed to be the source,
however, Bush said he would only dismiss an administration
official who had engaged in criminal activity.
Observers are also keenly aware of the President’s
dependence on Rove as his long-time political strategist
and election campaign savior. Since odds were posted
yesterday, bettors have been wagering heavily that
Rove will not be dismissed or resign. But with Democrats
increasingly calling for Rove’s dismissal
from cabinet, the President may have no choice but
to sack his most indispensable aid.
“Much of the world continues to be fixated
on American political developments. So, it only
makes sense to give bettors the chance to wager
on the outcome of issues like the Rove scandal or
yesterday’s Supreme Court nomination,”
says Alex Czajkowski, Marketing Director, Sportsbook.com.
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