Prediction Markets Now Have Trump Winning GOP Nomination at 68 Percent
News flash: Donald Trump is going to win the GOP nomination. Game over!
At least that’s what the CNN Prediction Market is claiming. It has the New York real estate mogul winning with his chances soaring to 68 percent.
BetDSI.com is seeing just shy of 50 percent of real money wagering action on Trump to win the nomination and his odds were priced with decent value of -303 (a $30 bet pays $10 and the $30 is refunded + $10 winnings should Trump be nominated).
It should be noted that this percentage takes into account money wagered even prior to Donald Trump entering the campaign process.
The CNN Prediction Market had Florida Sen. Marco Rubio, whose odds at 28%.
Cruz's odds of winning the Republican nomination in the Political Prediction Market are significantly lower than GOP rival Rubio at 2%.
Following Cruz is Ohio Gov. John Kasich, whose odds at the nomination are at 1%, and Ben Carson, who is at 0%.
- Gilbert Horowitz, Gambling911.com
