- Title: Odds on Trump presidency continue to shorten - British bookmaker
- Date: 4th November 2016
- Summary: LONDON, ENGLAND, UNITED KINGDOM (NOVEMBER 4, 2016) (REUTERS) VARIOUS OF EXTERIOR OF LADBROKES BOOKMAKERS PAN OF INTERIOR OF BOOKMAKERS LADBROKES SPOKESPERSON, JESSICA BRIDGE, WALKING TO BETTING TERMINAL
- Embargoed: 19th November 2016 14:42
- Keywords: USA ELECTION Trump Clinton Odds Betting Bookies UK
- Location: LONDON, ENGLAND, UNITED KINGDOM/ NEW YORK AND LAS VEGAS, UNITED STATES
- City: LONDON, ENGLAND, UNITED KINGDOM/ NEW YORK AND LAS VEGAS, UNITED STATES
- Country: United Kingdom
- Topics: Government/Politics
- Reuters ID: LVA0015715F0N
- Aspect Ratio: 16:9
- Story Text: British bookmaker Ladbrokes said on Friday (November 4) that odds on Donald Trump becoming President of the U.S. continue to shorten after a flurry of bets on the election.
"Trump's odds are falling at a rate of knots quite frankly. He was as big as 7/2 a week ago. He's now in at 15/8, so those odds have completely collapsed," said Ladbrokes spokesperson Jessica Bridge in London.
"If the money keeps coming in for Trump, which it is, and it's not showing any signs of slowing down right now, he could well become favourite by the time they go to vote on Tuesday," she added.
Momentum behind the Republican candidate has increased since Hillary Clinton has faced renewed scrutiny of her email practices following an FBI announcement that the agency was examining newly discovered messages that might pertain to the Democrat's use of a private email server while she was secretary of state.
Betting on politics has gained more popularity in the U.K. following the 2015 general election and 2016's EU referendum.
Bridge says that the 2016 race for the White House is the bookmaker's most popular U.S. political event ever for punters.
"I think we are up 5-fold from a couple of years ago when Barack (Obama) got his second term. Political betting, it used to be a niche market, but that's no longer the case," she said.
U.S. voters decide who will be their next president on Tuesday (November 8). - Copyright Holder: REUTERS
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