# Paddy Power Pays Out on Obama Election Victory

**URL:** <https://boards.straightdope.com/t/paddy-power-pays-out-on-obama-election-victory/468174>\
**Category:** Miscellaneous and Personal Stuff I Must Share\
**Created:** [October 16, 2008, 9:15am UTC](https://boards.straightdope.com/t/paddy-power-pays-out-on-obama-election-victory/468174 "2008-10-16T09:15:34Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![ColonelDax](https://avatars.discourse-cdn.com/v4/letter/c/71e660/32.png) [@ColonelDax](https://boards.straightdope.com/u/ColonelDax)\
**Post date:** [October 16, 2008, 9:15am UTC](https://boards.straightdope.com/t/paddy-power-pays-out-on-obama-election-victory/468174/1 "2008-10-16T09:15:34Z")

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Ireland’s largest bookmaker is [sure enough](http://www.electionbetting.com/article.php?articles_id=94) now of the U.S. election result to pay out more than 1 million euros ($1.3 million) on the result.

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**Author:** ![Ximenean](https://avatars.discourse-cdn.com/v4/letter/x/aca169/32.png) [@Ximenean](https://boards.straightdope.com/u/Ximenean)\
**Post date:** [October 16, 2008, 9:31am UTC](https://boards.straightdope.com/t/paddy-power-pays-out-on-obama-election-victory/468174/2 "2008-10-16T09:31:40Z")

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Cheap publicity, that’s all. Modest risk offset by laying bets elsewhere.