Now that Hillary Clinton is out of the running to win the current race for the White House, William Hill has opened a book on who will eventually be the first female President of the United States and they have installed Hillary Clinton as 6/1 favourite - but make her daughter, Chelsea, a 25/1 shot.

Meanwhile, Hills have taken their second bet of £5000 for John McCain to win the US Election (the first one was in January when he was an 8/1 chance) and make him a 6/4 shot to beat 1/ 2 favourite Barack Obama, who has been the subject of one bet of £11,000 and another of £8000 with Hills as betting hots up.

'Now we are down to a straight fight we expect to see some hefty wagers struck' said Hill's spokesman Graham Sharpe.'We predict that £10million will be at stake on the outcome by November.'

First female president odds: 6/1 Hillary Clinto; 16/1 Sarah Palin; Kathleen Sebelius; 20/1 Condoleeza Rice; 25/1 Chelsea Clinton; Janet Napolitano; Olympia Snowe.

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