Yup, even though gambling on elections is illegal in the U.S., you can still do it all across Europe. Many bookie websites, mostly from the U.K., are accepting bets on which candidates will win party nominations, which party will win the presidential race, and who specifically will take the White House next November.
The moneyline wager for the progressive party overall, according to Odds Shark, is -140 (meaning you bet $140 to win $100), but a longshot +100 for the GOP. When betting in the traditional odds-are method, you’d have to pay $13 in your bet on the Democratic Party to win $8, says Odds Checker, while the GOP’s odds are 6/5.
In the primaries, it might surprise many that Donald Trump isn’t in the lead of all Republican candidates, and neither is poll-climbing Ben Carson. It’s Marco Rubio at 11/8.
And for the Democrats? Hillary Clinton is a 1/12 shoe-in, bookies say, while Bernie Sanders is a distant 13/2.
Here’s the charts for each party’s nomination, using Odds Checker’s data on Bet365’s and EasyBet’s recent odds:
If you’d rather wager on the winning party, recall that 58-percent likelihood to the GOP’s 42, which is the prediction of PredictWise. As for the betting odds, Odds Checker lists the most recent calculation to be 8/13.
Don’t brush these betting-odds projections aside, either. Historically, these gambling pools are more accurate than political polls. A lot more accurate, in fact.
And while it’s never been legal to bet on elections in the U.S., it was still very popular in the last two centuries – and very, very accurate, too. For example, betting odds set by bookies were correct in 14 out of the 15 presidential contests held between 1884 and 1940.
So before you go citing any so-called “scientific” polls about the 2016 contest, you might want to just check on the gambling odds instead.