Tuesday, 8 November 2016

US election: Betting favours Hillary

Image result for hillary clintonThe betting markets are strongly backing Hillary Clinton to win the US Presidential election. But have they got it right, or is this going to be a repeat of the Brexit decision? The UK's Betfair says Hillary Clinton is now trading at an 83 percent chance of winning. Betfair says 110 million pounds (NZ$186 million) has now been traded on the race. It looks a very good chance that total betting will exceed the 127 million pounds (NZ$215 million) bet on the Brexit market in June. 


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