Betting Market Favors Liz Cheney Losing Republican PrimaryWendell Husebø 15 Jul 2022
Betting market PredictIt shows Rep. Liz Cheney (R-WY) will lose the Republican primary on August 16 to former President Donald Trump-endorsed Harriet Hageman.
According to the betting odds, Hageman is favored to win by 93 cents on the dollar. Cheney’s odds of winning the primary are only 6 cents on the dollar, dropping from 14 cents on June 14.
In the past 90 days, Hageman’s odds of winning the primary have expanded from 77 cents in May to Cheney’s 20 cents.
Polling reflects Hageman’s betting odds. She is leading in the polls by 28 and 30 points just one month before the election.
Though Hageman is favored to win, Cheney has out-fundraised Hageman by millions. She has raised a total of $13 million and has $7 million cash on hand. In contrast, Hageman has $1.4 million cash on hand and has raised $4 million since launching her campaign.
Hageman’s fundraising numbers are ticking up, however, having raised $1.8 million in second quarter campaign donations in 2022, surpassing her previous fundraising record of $1.3 million in the first quarter.
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https://www.breitbart.com/politics/2022/07/15/betting-market-favors-liz-cheney-losing-gop-primary/