A lot is riding on President Barack Obama’s State of the Union address Wednesday to a joint session of Congress.
The president is gambling he can reconnect with voters and turn the tide of populist anger that threatens his signature healthcare legislation.
Other folks are betting he’ll wear a red tie.
And speak between 51 and 53 minutes.
And say the words “healthcare reform” before other well-worn phrases, like “as I stand here today” or “fundamental belief.”
Paddy Power, an online Irish bookie, is taking bets on some of the less-than-weighty aspects of Obama’s State of the Union speech.
Most of the gamblers are wagering Obama will wear a red tie. Odds are 11/10, meaning a $1 bet would pay $1.10 if he wears a predominantly red tie Wednesday evening.