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Tuesday, October 18, 2016

Bookmaker Calls Race for Hillary, Pays Out $1 Million in Bets

Ireland's Paddy Power has paid off on more than $1 million in bets on Democratic nominee Hillary Clinton, who has become a 2-to-11 favorite to become the nest U.s. president and defeat Republican challenger Donald Trump. The odds translate into an 84.6 percent chance of winning, the bookmaker said.

"Trump gave it a hell of a shot going from a rank outsider to the Republican candidate but the recent flood of revelations have halted his momentum and his chances now look as patchy as his tan," a company spokesman said in a statement.

"Recent betting trends have shown one way traffic for Hillary, and punters seemed to have called it 100 percent correct," the statement continued. "Despite Trump's 'make America great again' message appealing to many disillusioned voters, it looks as though America [is] going to put a woman in the White House."

(via CNBC)

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