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In reply to the discussion: Biden is tanking in the betting markets. [View all]DemocratSinceBirth
(101,879 posts)34. Wasn't Hillary like -800 on the day of the election?
And didn't an offshore oddsmaker pay out Clinton bets weeks in advance because they believed her victory was a foregone conclusion.
Betting markets can be irrational. They made an MMA fighter -400 against one of the all time great pound for pound fighters in a boxing match. In a rational market he would have been -4000.
I have a simple two variable model which I borrowed from Allan Abramowitz. Trump's percentage of the vote is the dependent variable and the independent variables are his approval rating on election day and his approval rating for his handling of the CoronaVirus.
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Also for PtedictIt you have RNC markets paying out, and pro Trump money being rolled over
Amishman
Aug 2020
#19
Donrsife is out with polls already for today showing Biden above double digits.
RDANGELO
Aug 2020
#5
Yes. Biden went from +21 to +8 in a matter of days. That's pretty significant.
Drunken Irishman
Aug 2020
#23
I seem to remember a post here stating Trump supporters were putting a lot of cash
shrike3
Aug 2020
#10
Biden tanked fairly often in the betting markets during the primary race, too. The betting
highplainsdem
Aug 2020
#22