San Jose, Costa Rica, Dec. 11, 2007 - The race for the White House kicks into high gear once the New Year begins, and Wager Web offers you the chance to bet on the U.S. presidential race, expected to be one of the country's tightest in history.

Iowa holds the nation's first caucus on Jan. 3, which is the earliest ever, with 57 delegates at stake. The New Hampshire primary follows Iowa on Jan. 8 with 30 delegates at stake.

The Democratic nomination is realistically down to three candidates: Hillary Clinton, the former First Lady and U.S. senator from New York; Barack Obama, a U.S. senator from Illinois; and John Edwards, former U.S. Senator from North Carolina and 2004 vice presidential candidate.

Wager Web lists the Democrats as the favorites to win the White House at -180.

Clinton, seeking to become the first female president and who has the biggest war chest of any candidate, is Wager Webs favorite at +140 to win the election and -200 to win the nomination. She, of course, also can rely on the campaign expertise and savvy of her husband, Bill.

However, Obama, who has gotten a swell of publicity with Oprah Winfrey's backing, is the favorite to win the Iowa caucus at -110. A good start in Iowa is important to any campaign, and a poor showing by Edwards (+550 to win Iowa) could make the Democratic race officially a two-person affair.

The Republican race appears even more wide open heading into 2008, with Wager Web listing the GOP as +140 to win the presidential election.

There are five legitimate challengers for the nomination: former New York City mayor Rudy Guiliani, former Arkansas governor Mike Huckabee, U.S. Senator (Ariz.) John McCain, former governor of Massachusetts Mitt Romney and former U.S. Senator (Tenn.) Fred Thompson.

Guiliani has the highest profile of the five after leading New York through the 9/11 terrorist attacks.

He also has the largest campaign fund among Republicans and got Christian leader Pat Robertson's endorsement.

Guiliani is the Wager Web favorite to win the nomination at +120, with Huckabee right behind at +185. Huckabee, however, is the -120 favorite to win the Iowa caucus, with Romney second and Giuliani a distant third.

Thompson, a late entry into the race who is likely more well known for his movie and TV roles (most recently on "Law and Order"), trails in most polls but is making a late push to join the front-runners.

Log on to Wager Web through what promises to be an intriguing presidential race for additional odds and betting options.

Which party will win the 2008 US presidential elections?

Democrats 5:9 -$180 *Risk $180 to win $100
Republicans 7:5 +$140 *Risk $100 to win $140

Who will win the 2008 US presidential elections?

Hillary Clinton 7:5 +$140 *Risk $100 to win $140
Barack Obama 9:4 +$225 *Risk $100 to win $225
Rudy Giuliani 5:2 +$250 *Risk $100 to win $250
Mike Huckabee 4:1 +$400 *Risk $100 to win $400
Mitt Romney 6:1 +$600 *Risk $100 to win $600
John Edwards 10:1 +$1000 *Risk $100 to win $1000
Field 20:1 +$2000 *Risk $100 to win $2000
John McCain 25:1 +$2500 *Risk $100 to win $2500

Who will be the Democratc candidate?

Hillary Clinton 1:2 -$200 *Risk $200 to win $100
Barack Obama 3:2 +$150 *Risk $100 to win $150
John Edwards 9:1 +$900 *Risk $100 to win $900
Field 30:1 +$3000 *Risk $100 to win $3000

Who will be Replubican candidate?

Rudy Giuliani 6:5 +$120 *Risk $100 to win $120
Mike Huckabee 37:20 +$185 *Risk $100 to win $185
Mitt Romney 11:4 +$275 *Risk $100 to win $275
John McCain 8:1 +$800 *Risk $100 to win $800
Field +$5000 *Risk $100 to win $5000

Who will win the Iowa Caucus for the Republican and Democrat parties?

Mike Huckabee 5:6 -$120 *Risk $120 to win $100
Mitt Romney 11:10 +$110 *Risk $100 to win $110
Rudy Giuliani 12:1 +$1200 *Risk $100 to win $1200
Fred Thompson 12:1 +$1200 *Risk $100 to win $1200
Field 50:1 +$5000 *Risk $100 to win $5000

Who will win the New Hampshire Primary for the Republican and Democrat parties?

Hillary Clinton 2:3 -$150 *Risk $150 to win $100
Barack Obama 3:2 +$150 *Risk $100 to win $150
John Edwards 9:2 +$450 *Risk $100 to win $450
Field +$5000 *Risk $100 to win $5000

Mitt Romney 1:5 -$500 *Risk $500 to win $100
Rudy Giuliani 19:4 +$475 *Risk $100 to win $475
John McCain 19:4 +$475 *Risk $100 to win $475
Field 50:1 +$5000 *Risk $100 to win $5000

Wager Web was founded in 1997, is a privately held, offshore online gaming company, fully licensed and located in San Jose, Costa Rica. With nearly 10 years of experience, innovation and gaming technology, Wager Web features a sportsbook, a racebook and casino including poker, and has accepted more than 59,000,000 wagers since the company's launch.