PADDY POWER PRESS RELEASE

04 JAN 2008. FOR IMMEDIATE RELEASE

FIRST BLOOD TO BARACK AS BETTING FRENZY BEGINS

Senator Barack Obama has blasted the ball into the back of the net with an emphatic victory in the Iowa Democratic Caucus. While Hillary Clinton remains the Bookies favourite to become next President, the gap is beginning to narrow between the two front runners. Bookmaking firm Paddy Power have cut the odds on Obama to become Next President from 3/1 to 2/1 while Hillary Clinton has eased in the betting from odds-on 10/11 to odds-against 11/8.

All eyes now turn to New Hampshire next Tuesday for the first of the Primaries where Hillary Clinton remains the narrow favourite at odds of 4/5 ahead of Barack Ohama at 10/11 to top the Democratic vote. In the Republican camp Senator John McCain is the man the beat in New Hampshire and has been installed as Paddy Power’s red hot 8/11 favourite.

Ken Robertson, Communications Manger for Paddy Power said “We’ve been literally knocked over with the volume of traffic already through our new website If betting around the Iowa caucuses is anything to go by we predict the 2008 US Presidential Election will be the biggest non-sporting betting event of all time”

LATEST 2008 U.S. PRESIDENTIAL ELECTION BETTING

New Hampshire Democratic Primary

4/5Hilary Clinton

10/11Barack Obama

16/1John Edwards

33/1Any Other Democratic candidate

New Hampshire Republican Primary

8/11John McCain

5/4Mitt Romney

8/1 Any Other

Michigan Democratic Primary

1/4 Hilary Clinton

5/2 Barack Obama

12/1 John Edwards

33/1 Any other Democratic candidate

Michigan Republican Primary

6/4John McCain

15/8 Mitt Romney

2/1 Rudy Giuliani

9/2 Mike Huckabee

50/1 Any other Republican candidate

Democratic Nominee for President 2008

4/6Hillary Clinton

5/4Barack Obama

14/1John Edwards

25/1Al Gore

100/1Evan Bayh

100/1Bill Richardson

100/1Tom Daschle

Republican Nominee for President 2008

9/4Rudolph Giuliani

5/2John McCain

10/3Mitt Romney

7/2Mike Huckabee

10/1Ron Paul

20/1Fred Thompson

100/1Sam Brownback

Next President?

11/8Hillary Clinton

2/1 Barack Obama

6/1Rudolph Giuliani

13/2John McCain

10/1 Mitt Romney

11/1 Mike Huckabee

16/1 John Edwards

22/1 Ron Paul

331 Al Gore

40/1 Fred Thompson

125/1Evan Bayh

125/1 Bill Richardson

125/1 Tom Daschle

Winning Party

2/5 Democrats

7/4 Republicans

For all the latest in US Politics visit our dedicated microsite -

Ends

For more information;

Ken Robertson

Communication Manager

Paddy Power plc
Phone : 00353 1 4045915 or 00353 87 852 8718
Email :