US PRESIDENTIAL BETTING ODDS ACCORDING TO BOOKMAKERS: Donald Trump is closing in on Hillary Clinton

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SOURCE: BUSINESS INSIDER

URL: http://www.businessinsider.com/us-presidential-betting-bookmakers-give-donald-trump-great-odds-2016-7

by: Matthew Nitch Smith


Donald Trump now has a very real chance of becoming the next US president, according to bookmakers.

Most bookies now give him odds of 13/8 to win the election in November — far shorter than the 150/1 outsider odds he started with.

Hillary Clinton is still the favourite but only just, with average odds of 1/2.

Trump's odds come after his acceptance of the Republican nomination at the party's national convention last week, which gave him an expected, but still impressive, boost.

A recent CNN poll suggests Trump is now leading Clinton 44% to 39% when Gary Johnson and Jill Stein, also in the race, are included.

On top of that, the poll suggests that a massive 68% of voters do not find Clinton honest or trustworthy, while just 38% would be "proud" to have her as their President.

William Hill spokesman Joe Crilly said that in political betting terms, a Trump win would wipe the floor with the UK's recent Brexit upset:

"Trump becoming President would not quite be in the Leicester City league of upsets but in political betting it would certainly ‘trump’ the comparatively short upsets of the EU Referendum outcome and the Tories winning the General Election."

Meanwhile, Bernie Sanders supporters booed any mention of Clinton when he officially endorsed her at the Democratic Party Convention in Philadelphia on Monday. First Lady Michelle Obama received a much warmer welcome, making a speech that criticised Trump's supposed fear-mongering.

"Don't let anyone ever tell you that this country isn't great, that somehow we need to make it great again. Because this, right now, is the greatest country on earth," she said.

Here are the current odds on Clinton and Trump to become the next US President:

Ladbrokes: Clinton 1/2 — Trump 13/8

William Hill: Clinton 1/2 — Trump 13/8

Betfair: Clinton 4/9 — Trump 7/4

Paddy Power: Clinton 4/9 — Trump 17/10

Sky Bet: Clinton 2/5 — Trump 17/4

[SirLinksALot]

REMINDS ME OF THIS CLASSIC SCENE FROM THE MOVIE -- TRADING PLACES



Character: Billy Ray -- Eddie Murphy, Mortimer Duke -- Don Ameche, Randolph Duke -- Ralph Bellamy


Mortimer Duke: This is not a *meal*, Valentine. We are here to TRY to explain to you what is we do here.

Randolph Duke: We are 'commodities brokers', William. Now, what are commodities? Commodities are agricultural products... like coffee that you had for breakfast... wheat, which is used to make bread... pork bellies, which is used to make bacon, which you might find in a 'bacon and lettuce and tomato' sandwich.

[Billy Ray turns and gives a long look at the camera]

Randolph Duke: Randolph

[continuing]

Randolph Duke: And then there are other commodities, like frozen orange juice... and GOLD. Though, of course, gold doesn't grow on trees like oranges.
[chuckles]

Randolph Duke: Clear so far?

Billy Ray: [nodding, smiling] Yeah.

Randolph Duke: Good, William! Now, some of our clients are speculating that the price of gold will rise in the future. And we have other clients who are speculating that the price of gold will fall. They place their orders with us, and we buy or sell their gold for them.

Mortimer Duke: Tell him the good part.

Randolph Duke: The good part, William, is that, no matter whether our clients make money or lose money, Duke & Duke get the commissions.

Mortimer Duke: Well? What do you think, Valentine?

Billy Ray: Sounds to me like you guys a couple of bookies.

Randolph Duke: [chuckling, patting Billy Ray on the back] I told you he'd understand.