Betting Markets That Predicted Brexit Success Have Trump Beating Hillary

Posted in Google Brexit News
at 2016.10.20
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Betting Markets That Predicted Brexit Success Have Trump Beating Hillary

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At his campaign rallies, Republican presidential nominee Donald Trump has often invoked the famous Brexit vote as reason not to believe all the polls that have come out showing him behind Democrat nominee Hillary Clinton in the final stretch of the general election.

Trump, who has often referred to himself as “Mr. Brexit,” has claimed that nobody thought that the “leave” vote would win in Britain, but all the pundits were proven wrong, just as he has said they will be proven wrong about him.

While not all the polls may indicate a Trump victory, the betting market appears to. The same market that indicated a Brexit victory (while the polls disagreed) indicated that a majority of people were betting on Trump winning, The Independent reported.

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While 71 percent of the money being bet favored Clinton, 65 percent of the people who have placed bets have indicated that they think Trump will pull off a victory on Nov. 8.

“It’s very, very similar to the Brexit vote. There is a metropolitan media bias that says Trump can’t win, but they can’t vote. In betting terms, this is not a done deal. I see parallels with the Brexit vote at this stage,” said Graham Sharpe, a betting expert.

These bets don’t guarantee a Trump victory, but they do indicate that the election is a lot closer than many in the mainstream media would like people to believe.

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Despite an array of sexual assault allegations and a couple of tough weeks, Trump was only down by six or seven points — a deficit that could be overcome before Election Day.

The presidential debates may be over, but there is still plenty of time for something dramatic to happen to either Clinton or Trump that could sink their poll numbers.

It’s going to be an interesting few weeks, folks. Buckle up.


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Published at Thu, 20 Oct 2016 16:28:45 +0000

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