Nithavela
our world is happy and mundane
- Apr 14, 2007
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I've said it once before: we are living in very interesting times, where the bookmakers are more reliable than the poll makers.Going a bit off-topic here. Election betting is illegal through US gaming businesses. But it's available online through off-shore betting sites. The last time I checked, about a week ago, The moneyline on Donald Trump was at -110. Which means if you wager $100 that he wins, you get back $110 if he does. Harris and Joe Biden had the best odds among the Democrats at about +700. If you bet $100 on either of them, you get $700 if that person is elected. All of which says that as of now, the bookmakers believe Donald Trump is more likely to win. But the odds are a lot closer if you wager by party. If you bet a Republican wins, the line is the same -110. But the line for a Democrat to win is -120. Those are pretty close odds.
It's still very, very early. The odds will change many times in next 15 months.
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