European Bookmaker Paying Out Early on Obama

Irish bookmaker Paddy Power Plc is so confident President Barack Obama will win the U.S. election that it is paying out bets ahead of the result. Ken Robertson from the bookmaker spoke on Bloomberg Television's "The Pulse."

Full Show: Bloomberg ‹GO› (07/26)
04:07 - Bloomberg ‹GO› hosted by David Westin, Jonathan Ferro, and Alix Steel. Guests include Michael Purves, chief global strategist at Weeden & Co., U.K. Minister of State for Trade and Investment Mark Price, John Lechleiter, chairman, president and chief executive officer at Eli Lilly, Ellen Zentner, chief U.S. economist at Morgan Stanley, Libby Cantrill, executive vice president at Pimco, Will Slabaugh, restaurant industry research analyst at Stephens, Brian White, senior equity research analyst at Drexel Hamilton, Steven Ricchiuto, chief economist at Mizuho Securities, and Bob Michele, global chief investment officer at JPMorgan Asset Management. (Source: Bloomberg)
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