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As with nearly every other type of betting, wagering on the United States' Presidential Election is growing in popularity. In some years, the odds are fairly stable, while in other years, such as this one, the odds have moved drastically several times and are likely to do so again as November gets closer.

Those backing Barack Obama, either politically or in the betting marketplace, have seen their candidate make a big move in the last few days, while John McCain has taken a bit of a hit in popularity, due to the struggles of Wall Street. What does this mean for bettors?

Find out more in Betting the 2008 Presidential Election in the Betting on Other Sports section of the site.

Photo: Barack Obama throws out the first pitch prior to the start of the 2005 ACLS between the Angels and the White Sox.(Photo by Jonathan Daniel/Getty Images)

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