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HOH’s One-Minute Recess: A Sure Thing

New York City Mayor Michael Bloomberg hasn’t yet won his third term in office, but one leading bookmaker is already paying out bets that he’ll claim victory in Tuesday’s election.[IMGCAP(1)]Irish-based bookmaker Paddy Power announced today that it is suspending all bets on the New York mayoral contest and paying out more than $7,400 in bets for those who backed Bloomberg — the man they labeled as the “bookies red-hot favourite.—The independent Bloomberg’s odds for winning re-election were at 1-100 when betting was suspended Monday, the bookmaker says in a news release. Hizzoner’s opponent, Republican Bill Thompson, had 14-1 odds of claiming victory.“From a betting point of view this race is well and truly over with incumbent Mayor Bloomberg pretty much a certainty for a third term,— Paddy Power announced in the release. “At odds of 1/100 surely nobody could disagree?—Submit your hot tips, juicy gossip or comments here.Can’t get enough HOH? Get a midday dose of fun and gossip with HOH’s One-Minute Recess, delivered to your inbox daily. Sign up here — because everyone deserves more recess.