There’s a fair chance that in Las Vegas someone will give you odds and take your money.

Welcome to Las Vegas. “You look at any place around the world, whatever country you want to go to and you can bet on almost anything. Hundreds of millions of dollars” he says.

Even though the odds mean no-one will make a fortune unless they bet a great deal of money, a quick non-scientific poll on the Las Vegas told me he might be right!

But of course, Las Vegas didn’t get to be the gambling capital of the world without being canny.. Now try to put a bet on it. He wanted a grand on Kerry. Any game. Because what this means is that in places where on-line betting is allowed like the UK, or offshore betting jurisdictions like the Carribean, these odds are being used as a barometer for those who are betting on the outcome.

And they show the two are absolutely equal.

But proving that Las Vegas is the last of the big talking towns — one man said if he had a hundred million dollars he would bet a million on Kerry.

It is against the law in Las Vegas (and thereby everywhere else) to bet on the outcome of the race for the White House.

Well, he knows a great deal more about the subject than me.

LAS VEGAS, Nevada (CNN) — Think of a game.

So for instance, Web sites like Americasline are giving odds out on who will win on November 2.

And even though you can’t bet in the city, and no casino is giving you the chance, there are plenty of betting services that are offering up the odds on this years race.

On everything, that is, except the U.S. She offered up three.

Not that will worry those overseas too much. It would be great fun.”

Frankly I wasn’t sure he had the price of a cujp of coffee. One couple even got into an intra-marital bidding war. presidential election.

One woman and her husband wanted to bet $100 on Kerry (Last of the big spenders there.) Another man would bet a thousand dollars on Bush. The presidential election is just the big enchilada in this respect.

The Web site makes it clear that the odds are being offered for information and entertainment purposes only and that using this information is a violation of federal law.

Why? No-one seems entirely certain, but it probably has something to do with it being unseemly to bet on something as important as the White House.

And he is of the view a lot of money would be wagered. Just don’t bet on who will be president!

“I think it is absolutely ludicrous. ” He told me. I think we should be allowed to bet on the presidency. “Superbowl-type sums would be bet. But he talked it well and probably could have talked me out of the busfare home.

By CNN’s Richard Quest

Some members of Congress believe all spread betting is immoral and should be banned