One bookmaker paid out on a Clinton win two weeks ago. Did they make a yuge mistake?
A British bookmaker is starting to think it made a yuge mistake in paying out on a Hillary Clinton win two weeks ago.
Paddy Power paid customers who backed Hillary to win £800,000 on September 18.
They were so confident Donald Trump’s free fall in the polls would result in a Clinton victory, they called the election a full 20 days before polling day.
But over the past few days, the Donald’s odds have shortened from 5/1 to 5/2 – giving him a 28% chance of winning next Tuesday’s election.
In the same period, Clinton’s odds lengthened from 2/9 to 1/3 – a 75% chance of winning, after the FBI announced it had re-opened the investigation into her private email server.
They say 91% of all bets in the past 48 hours have been backing Trump to win.
If the billionaire reality TV star and sometime steak salesman makes it to the Oval Office, they’ll be facing their biggest political payout in their 28 year history.
They say some surprising things are less likely to happen than a Trump Presidency, including Germany winning the next World Cup, Taylor Swift winning the best album Grammy in 2017 and London having a white Christmas.