Ron Paul 8 to 1 for the presidency???!!

[AWoodside]

Sportsbet.com has Ron Paul at 8 to 1 for the presidency right now. I'm a huge fan of RP but this is totally shocking to me, almost unbelievable. I want to believe it, but I can't help but be skeptical.

I don't know much about these prediction markets but I have heard that they have a tendency to be much more accurate indicators of political outcomes than any type of expert analysis. Can somebody more in the know tell me how legit these odds are and your reason for thinking so?

Thanks.

p.s. He was 100 to 1 a couple weeks ago. I got online today because I had decided to buy a couple hundred bucks worth at that price... talk about missing the boat.