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More bettors at one British bookmaker are backing Hillary Clinton to be the Democratic Party's 2020 nominee than they are any of the candidates actually running in the race, giving her better odds of winning than Senator Cory Booker and Beto O'Rourke, among others.
Clinton, a former secretary of state and first lady, is not a candidate in the party's primaries and was the Democratic nominee in the 2016 election, which she lost to President Donald Trump. Despite winning the popular vote by almost 3 million, Clinton lost the Electoral College.
Bookmaker - Ladbrokes - Clinton - Backing - Bettors
At the bookmaker Ladbrokes, Clinton has seen enough backing by bettors to rise to the seventh favorite for the 2020 nomination at 20/1. Booker, a senator of New Jersey, is eighth at 33/1. O'Rourke, a former representative of Texas, is ninth at 50/1.
"We're baffled, to be honest," Matthew Shaddick, head of political betting at Ladbrokes, told Newsweek. "We've taken more bets on her to be the Democratic candidate than any of the other runners."
Amid - Speculation - Year - Race - Clinton
Amid speculation earlier in the year that she could enter the 2020 race, Clinton ruled herself out. "I'm not running, but I'm going to keep on working and speaking and standing up for what I believe," Clinton told New York's News 12 in March.
The odds reflect the view of the betting market. The shorter a person's odds, the greater the chance the betting market believes he or she has of winning the contest because bettors are placing money on them.
Result - Us—ie - Money - Shaddick - Hence
"She would be by far the worst result for us—i.e., the one we would lose most money on," Shaddick said. "Hence, her odds have come in from 50/1 to 20/1."
Leading the polls is former Vice President Joe...
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