PinnacleSports.com First Sportsbook to Create Betting Options on President Bush's Approval Rating

PinnacleSports.com today became the first sportsbook in the world to release betting lines on the approval rating of President George W. Bush on a number of key issues.

(PRWEB) October 23, 2005 --On the heels of his nomination of Harriet Miers to the Supreme Court and the Karl Rove controversy President Bush’s approval rating has plummeted to the lowest level of his presidency. Combined with the situation in Iraq, the hurricanes and unprecedented gas prices, the latest polls show only 39 percent of U.S. adults approving of the way George W. Bush is handling his job as Commander in Chief. With more Americans questioning how he’s leading the nation, PinnacleSports.com today became the first sportsbook in the world to release betting lines on the approval rating of President George W. Bush on a number of key issues.

The largest sports betting site on the Internet, PinnacleSports.com has created betting options on what percent of U.S. citizens will approve of President Bush’s handling of his job, the Iraq situation and the economy according to the first Gallup Polls conducted in November and December 2005. Although Gallup’s latest poll indicates only 39 percent approve of Bush’s handling of his job as President, PinnacleSports.com has set an over/under line of 41.5% of Americans approving of the President’s job in the first poll conducted in November. For the month of December, PinnacleSports.com is predicting a further endorsement for how George W. Bush handles his Presidency to 42.5%.

Other hot topics where the President has come under fire include the situation in Iraq and the U.S. economy. With voting on the Iraq referendum complete and the trial of Saddam Hussein underway, PinnacleSports.com is predicting a slight upturn in George Bush’s handling of the Iraq situation, which currently stands at 32% percent. For the upcoming Gallup Polls the online bookmaker has created an over/under approval rating of 35.5% in November and 36.5% come December. In what is currently one area where Bush has had one of his worst ratings this year, PinnacleSports.com sees only 36.5% of Americans supporting the President’s handling of the U.S. economy in November, while anticipating December will see only 37.5% giving Bush positive marks on the topic.

“This continues to be a period of low approval for President George W. Bush among his constituents as his second term in office is dogged by controversy,” said Simon Noble of PinnacleSports.com. “Whether it’s been criticism for hurricane recovery efforts, his latest Supreme Court nomination, the Iraq situation, or his top political advisor’s role in a CIA leak, the past few months have been very unkind to President Bush as his approval rating has hit an all-time low.”

PinnacleSports.com will continually update lines on the President Bush approval rating betting options. All poll results will be determined as by The Gallup Organization for the first time in the months of November and December.

Disclaimer: PinnacleSports.com is in no way associated with The Gallup Organization or The Gallup Poll. Gallup has not sanctioned the use of its’ polling data and is in no way affiliated with PinnacleSports.com.

About PinnacleSports.com
PinnacleSports.com (www.pinnaclesports.com) is the Internet’s largest sports betting site, serving customers in more than 80 countries worldwide. Founded in 1998, PinnacleSports.com was the first sports book to introduce reduced margin wagering, using a -105 pricing model that gives bettors up to 50% better value on wagers than traditional bookmakers. With low minimum bet requirements and the highest maximum limits on the Web, PinnacleSports.com has earned an industry-leading reputation for providing consistent value to the player, professional customer service and the quickest payouts online. Fully licensed and regulated in Curacao and the United Kingdom, the company offers a secure environment for sports betting, racing and casino gaming.

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