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Bookmakers Going All In On Trump Winning

Thursday, November 3, 2016 15:04
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(Before It's News)

Personally, I’d prefer that we just start the whole thing over, but, whatever

(The Hill) A major gambling website says nearly all wagers on the presidential election in the last 48 hours have been on Donald Trump to win.

Irish bookmaker Paddy Power on Tuesday said 91 percent of bets on the election in the last two days have been backing Trump, the Republican nominee.

Huh.

“We’re not reaching for the rosary beads just yet but if money talks, and it usually does, it’s telling us that Trump still has a puncher’s chance and he’ll be leaving us with some very expensive egg on our face if he does manage to pull it off,” spokesman Féilim Mac An Iomaire said in a statement.

Of course, I have to wonder if these bets are based on thinking that Trump will really win, or if people are putting down long-shot bets looking for a big reward should he win, like putting a few bucks down a 30-1 horse to win.

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