Paddy Power, who paid out over $1m early to its customers who backed Hillary Clinton, are now sweating over the election result after Donald Trump’s odds of being elected improved significantly over the weekend.
The Republican candidate has seen his odds slashed from 5/1 (Representing a 16.7% of winning) to 9/4 (30.7% chance) following the FBI’s renewed investigation into Clinton’s private email server and a flood of bets.
Over the same period Clinton’s odds have lengthened from 2/9 (81.8% chance) to 4/11 (73.3% chance) following the scandal.
It’s been all one way traffic in the past 48hrs with 91% of all bets placed backing Trump to occupy the Oval Office.
Should the billionaire businessman win it would leave this bookie facing its biggest political payout in its 28-year history.
Féilim Mac An Iomaire, a spokesperson for Paddy Power, said “We’re not reaching for the rosary beads just yet but if money talks, and it usually does, it’s telling us that Trump still has a puncher’s chance and he’ll be leaving us with some very expensive egg on our face if he does manage to pull it off.”
Trump’s current odds of 9/4 make his presidency more likely to happen than the Cleveland Cavaliers’ defending their NBA Championship (3/1) and Taylor Swift winning Best Album at the 2017 Grammy Awards (3/1).
Things less likely than a Trump Presidency:
3/1 Cleveland Cavaliers to win the NBA Championship 2016-2017
15/2 Seattle Seahawks to win Superbowl LI
9/2 Germany to win World Cup 2018
3/1 Liverpool FC to win the English Premier League
3/1 Taylor Swift to win best album at the 2017 Grammy Awards
5/1 Cardinal Luis Antonio Tagle to be the next Pope
11/4 Cersei Lannister to sit atop the Iron Throne at the end of Game of Thrones Season 7
7/2 London to have a white Christmas
3/1 Aidan Turner to be the next James Bond
US Presidential Election 2016
4/11 Hillary Clinton
9/4 Donald Trump
500/1 Evan McMullin
500/1 Gary Johnson
1000/1 Jill Stein