Leading the way in the polls, Hillary Clinton and the Democratic Party are now sitting as large favorites on the odds to win the 2016 U.S. presidential election this November at the sportsbooks.
The Democrats are listed as the -450 favorites (bet $450 to win $100) on the 2016 U.S. presidential election odds at online sportsbook Bovada, with the Republicans the clear underdogs at +325 (bet $100 to win $325) on that political prop wager.
And that’s been a big fall for the Republicans at the betting shops over the past month, as Donald Trump had been just a +200 underdog on those odds during the party’s convention in Cleveland in the middle of July – with Clinton at -240 back then.
The Democrats, though, have surged ahead in the polls since that time, thanks to a star-studded convention in Philadelphia combined with a series of missteps by Trump and the Republicans. Forecasts now have Clinton sitting with an 80-90 percent chance of winning the November 8 election.
Clinton has been the frontrunner on the 2016 presidential odds since they opened, riding strong support from the party establishment to a nomination victory over rival Bernie Sanders. Clinton and Sanders were the only serious Democratic contenders, with Vice President Joe Biden declining to enter the race.
It was a different story in the Republican field, however, with a double-digit number of contenders for the nomination slowly getting whittled down in the first half of the year until Trump was left standing at the top of the party’s ticket.
Trump was well back at +2500 on the odds to win the presidency a year ago behind the likes of Marco Rubio and Jeb Bush, who was the clear Republican frontrunner when the race got underway. Bush dropped out of the race in late February after poor showings in early primaries.
The next chance for the presidential odds to see some movement might be during the debates, with Clinton and Trump first scheduled to take the stage together on Monday, September 26 at Hofstra University; Trump’s attendance, though, is in question.