Betting Markets Favoring Trump To Win White House – OpEd

While the world listened to Hillary Clinton address the Iowa public in her first public appearance since news of the FBI probe reopening broke, the betting markets are actively moving already and according to at least one online betteing platform.

Donald Trump’s odds, after plunging to contract lows in recent weeks, have jumped substantially and moments ago rose as high as 32 before paring gains modestly shortly after.

At the same time, while note exactly a flash crash, Hillary’s own odds have slid from the recent range of around 80% to the low 70s.

To be sure the gap remains substantial, with Hillary enjoying a comfortable lead, although should the current shake up persist, it won’t take much for Trump to catch up.

Finally, recall that online odds for Brexit were showing the Remain camps as a virtual certainty as recently as hours prior to the vote, so perhaps this will be a repeat of the British anti-establishment vote…