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Current DateTime: 08:58:02 10 Feb 2012
LinksList Documentid: 23279670
Expiration DateTime: 2/10/2012 9:00:30 PM

SPORTS BIZ SLIDESHOWS

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Current DateTime: 08:58:02 10 Feb 2012
LinksList Documentid: 37998722

DARREN ROVELL'S SPORTS INDEX

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ABOUT SPORTS BIZ

Darren Rovell brings you his unique take on the business of sports: a multi-billion dollar global industry and obsession full of personalities and products. On Sports Biz, Darren will give you his up-to-date take on everything from salaries to endorsement deals to marketing and promotions, trades and tirades – in short, everything that makes sports so exciting.

Will Obama Bounce It? You Can Bet On It

Published: Tuesday, 14 Jul 2009 | 9:45 AM ET
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By: Darren Rovell
Sports Business Reporter

You can bet on everything these days.

As evidence, consider this bet that was called to our attention for tonight’s All-Star Game in St. Louis.

Will President Obama’s Opening Pitch Be Caught or Not?

Obama 1st Pitch Caught In Air                   -400

Obama 1st Pitch Bounces Or Not Caught     +300

President Barack Obama
Photo by: Pete Souza
President Barack Obama

For those who don’t bet, it means that the odds are that Obama, who is the first president since Gerald Ford in 1976 to throw out a pitch at the All-Star Game, is going to reach the catcher’s glove.

“Given Obama’s well-known athletic ability, I felt that he has as good of a shot as anyone to get the ball across the plate,” said Richard Gardner, sportsbook manager for Bodog, which is listing the bet.

“Past celebrities have crumbled under the pressure of 45,000 people watching them throw the first pitch, but Obama has experience in front of crowds, so I don’t think this will be a problem.”

The maximum bet Bodog is taking is $100 and 80 percent of the action is currently on “caught in air.” For what it’s worth, Bodog says that everything is off if the ball is dropped by the catcher.

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