Online sportsbooks have adjusted Donald Trump's odds of becoming the next US President to 15 to 1.
Trump first began trading at the odds of 66 to 1 per SBR's market update on June 17th, then later adjusted Trump's odds to 25 to 1 following his controversial comments about Mexican immigrants.
Since then, despite mounting backlash and the loss of business partners, Trump's odds are only getting better.
To capture just how dramatically the odds have swung, consider that
just over a month ago a $100 wager would have returned $6,600 in profit
for a bet on Trump to be the next President. That same $100 bet then
only paid $2,500 on the 5th of July, and now pays up to $100 if making
your wager with online sportsbook 5Dimes.
The fact that bettors are driving the line down demonstrates that the
lines are not set based on public emotion, as the overwhelming
sentiment is that Trump should withdraw from the race and does not have a
snowball's chance in hell of winning the presidency, according to
various media personalities and practically the entire internet.
Online sportsbooks are adjusting their numbers based on the volume
being received, and that volume on Trump to win the presidency means
that sports bettors believe there is value to be had.
Sportsbook Review has created a list of the US Presidential prop bets which compare the betting value on the potential Democrat and Republican nominees.
Below is a snapshot of the current sportsbook President odds compared
to the odds one month ago. The change column reflects how the line has
been adjusted by sportsbooks. When the odds get longer this is reflected
as a positive change, keep in mind that although the odds are getting
bigger this signifies the candidate is less likely to win. The more a
sportsbook subtracts from the number, the more likely the candidate is
to win the election, and this is reflected as a negative percentage.
Online sportsbooks have adjusted Donald Trump's odds of becoming the next US President to 15 to 1.
Trump first began trading at the odds of 66 to 1 per SBR's market update on June 17th, then later adjusted Trump's odds to 25 to 1 following his controversial comments about Mexican immigrants.
Since then, despite mounting backlash and the loss of business partners, Trump's odds are only getting better.
To capture just how dramatically the odds have swung, consider that
just over a month ago a $100 wager would have returned $6,600 in profit
for a bet on Trump to be the next President. That same $100 bet then
only paid $2,500 on the 5th of July, and now pays up to $100 if making
your wager with online sportsbook 5Dimes.
The fact that bettors are driving the line down demonstrates that the
lines are not set based on public emotion, as the overwhelming
sentiment is that Trump should withdraw from the race and does not have a
snowball's chance in hell of winning the presidency, according to
various media personalities and practically the entire internet.
Online sportsbooks are adjusting their numbers based on the volume
being received, and that volume on Trump to win the presidency means
that sports bettors believe there is value to be had.
Sportsbook Review has created a list of the US Presidential prop bets which compare the betting value on the potential Democrat and Republican nominees.
Below is a snapshot of the current sportsbook President odds compared
to the odds one month ago. The change column reflects how the line has
been adjusted by sportsbooks. When the odds get longer this is reflected
as a positive change, keep in mind that although the odds are getting
bigger this signifies the candidate is less likely to win. The more a
sportsbook subtracts from the number, the more likely the candidate is
to win the election, and this is reflected as a negative percentage.
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