Irish Betting Site Calls Race Early — Pays Out Obama Victory Bets Two Days Early

http://www.businessinsider.com/paddy-power-pays-out-on-obama-victory-2012-11

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Famous Irish betting side Paddy Power has announced that it will pay out those who wagered on Obama two days early.

Apparently it's kind of a publicity stunt for them. They get some free media (like this post!) and the risks aren't that huge if they also have to end up paying Romney bettors. Here's a story on how they lost money on a similar stunt with Tiger Woods.
Here's the press release we got:
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PADDY POWER PAYS OUT ON OBAMA VICTORY

Dublin, November 4th 2012: With still more than two days to go before America votes, Paddy Power, Europe's largest betting company, is paying out to punters who backed President Obama to win the US election.


Read more: http://www.businessinsider.com/paddy-power-pays-out-on-obama-victory-2012-11#ixzz2BGLdxx6X