This just in on my Google News Reader:

John McCain now the favorite in U.K. to win the Elections

The Republican presidential candidate John McCain is now the favorite to win the 2008 U.S. Elections with some of the odds makers abroad. After leading on the betting sheets for months, Barack Obama has been downgraded with some of the more popular British bookmakers and Sen. John McCain has become the new favorite to win the race in November. "With controversy raging over whether the Democrat Primaries in Michigan and Florida should be counted or even re-scheduled, confirmed Republican candidate John McCain has been backed from 6/4 to 5/4 favourite with William Hill to win the race to the White House," the bookmaker's representative Graham Sharpe told OGPaper. Hills have lengthened former favorite Barack Obama from 5/4 to 11/8 second favorite, with Hillary Clinton offered at 3/1 and Al Gore 50/1.

But not all odds makers are willing to take the risk and "jump ships" so quick. Another British online bookmaker, Bet365, remains confident that Barack Obama will be the next U.S. President. At Bet365 Obama is still the favorite with odds 10/11, followed by John McCain at 7/4, while Hillary Clinton holds underdog odds of 18/5. The situation is similar at the North American bookie BodogLife, where Obama leads with odds 1/1, John McCain would pay out on 7/4 and Clinton is sitting on 7/2.