Bookmakers Favor Hillary Clinton for 2016

Published December 10, 2012 by OCR Editor

Bookmakers Favor Hillary Clinton for 2016

Gambling fan? Politics aficionado? The two worlds cross as bookies place odds on possible Clinton candidacy!

The hottest topic in both the Beltway and in betting agencies is Hillary Clinton 2016. Yes, the 2016 US presidential election betting action is underway! Current polls say that Florida Senator Marco Rubio is the top pick for the GOP presidential nod, while Secretary of State Hillary Clinton is the overwhelming choice for the Democrats. With regards to Clinton, the bookmakers couldn't agree more.

Ladbrokes opens 2016 race betting with Clinton as clear favourite

According to online bookmaker Ladbrokes, Clinton - who has already achieved a record of sorts as the FIRST First Lady to hold public office (as US senator) - may well attain another one as the first female US president. Ladbrokes says that Clinton is trading as an 11/2 favorite to win the 2016 race - with no one nearly close enough save perhaps Vice President Joe Biden at 16/1. Interestingly, too, after eight years of a Democratic presidency the Democrats are trading even to keep the White House (the Republicans are at 8/11).

William Hill and other bookmakers favor Hillary too

The world's biggest bookmaker, William Hill, has named Hillary Clinton as their 5/2 favorite to be the next US president. She is followed by Jeb Bush at 6/1, Joe Biden and Martin O'Malley tied at 8/1, Andrew Cuomo at 9/1, and Marco Rubio at 10/1. Meanwhile, Paddy Power is taking bets for Clinton at 7/2, Paul Ryan at 8/1, Marco Rubio at 10/1, Jeb Bush and Chris Christie both at 12/1; while Bet365 is also putting its money on Clinton at 5/5.

The politics of betting

While betting on political elections is outlawed in the US, in the UK, US presidential elections have proven to be great money-makers for betting agencies. The last election alone generated more than £1 million ($1.5 million) worth of bets for William Hill, with up to $16 million reportedly bet across the betting industry.

But it's not just about the money alone. According to William Hill spokesman Graham Shape, the last election also proved that bookies (more than pollsters) may be better indicators of election outcomes, especially a very close race. The fact is, UK bookies beat even the US media in calling the 2012 election for Obama!

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