We've already heard a lot from the political pundits (of all political stripes) and the pollsters about who the favorites are to win their party nominations for president. I thought it would be interesting to bring you the odds on each candidate as established by a gambling website (paddypower.com). These guys don't just have an opinion, they have money on the line -- and if their odds are off very much, they stand to lose a lot.
So, who do they think will win each party's nomination? Here are the odds they have set right now:
DEMOCRATIC NOMINATION
Hillary Clinton..........1-6
Bernie Sanders..........8-1
Joe Biden..........12-1
Martin O'Malley..........25-1
Jim Webb..........33-1
Lincoln Chafee..........no odds listed
REPUBLICAN NOMINATION
Jeb Bush..........7-5
Marco Rubio..........7-2
Scott Walker..........4-1
Donald Trump..........8-1
Rand Paul..........9-1
Ben Carson..........14-1
Chris Christie..........16-1
John Kasich..........20-1
Mike Huckabee..........25-1
Rick Perry..........25-1
Ted Cruz..........25-1
Rick Santorum..........33-1
Bobby Jindal..........33-1
Carly Fiorina..........33-1
Lindsey Graham..........no odds listed
Jim Gilmore..........no odds listed
I had a conversation with the head of one of the gambling houses during the 2012 election. I had been writing a lot about possible gaming of them by Romney supporters. I was eventually convinced that that wasn't happening. But then after the election, it turned out that it was. I'm sure that's not happening now. Those numbers look pretty reasonable, although I would quibble with some. Rand Paul is too high; John Kasich is too low. But I expect that the Republicans will be monkeying with the gambling "markets" by June of next year.
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