Gamblers Betting on Hillary Clinton to Win Democratic Nomination
There’s no evidence that Hillary Clinton is going to make a late-starting play for the 2020 Democratic Party nomination, but if you ask gamblers in the UK, she’s got a better shot to win than the crowded crop of losers currently in the race. At the British bookmaker Ladbroke, the former secretary of state is officially the most bet-upon Democrat to win the nomination, besting all other politicians actually vying for the crown.
“We’re baffled, to be honest,” said Ladbroke official Matthew Shaddick. “We’ve taken more bets on her to be the Democratic candidate than any of the other runners.”
Do UK gamblers know something we yanks don’t? Or were they just drawn to Clinton for the 20 to 1 odds, hoping that some last-minute surprises could turn into a huge windfall payday down the line? Certainly, given Joe Biden’s floundering popularity with the liberal base and increasing questions over his mental stamina, it’s not hard to imagine a scenario where the former vice president proves unable to make it across the finish line. That would leave the door wide open for an “establishment” Democrat to take the reins. Is Clinton keeping her options open, even at this late date?
It’s worth noting that, even as a 20 to 1 longshot, Clinton’s odds of winning the nomination – according to Ladbrokes, anyway – are quite a bit better than many of the candidates currently in the race. Cory Booker, Amy Klobuchar, Tulsi Gabbard, and Beto O’Rourke are among those with even poorer odds of winning than Clinton, who, again, has stated that she will not run for president. And she’s way ahead of Marianne Williamson, Tom Steyer, and New York City Mayor Bill de Blasio, who are each languishing at abysmal 200 to 1 odds.
Shaddick admitted to Newsweek that his site would be hurting if Clinton somehow managed to become the nominee.
“She would be by far the worst result for us – the one we would lose the most money on,” he said. “Hence, her odds have come in from 50/1 to 20/1.”
While that provides a clue as to why true gamblers might like the idea of placing a bet on Clinton, Shaddick remains somewhat puzzled as to her wagering popularity.
“I’ve seen some speculation about what might happen if Biden had to drop out for some reason—perhaps that would leave a space for her to occupy in the field?” Shaddick said. “Doesn’t really convince me as a good reason, though.”
We find it pretty tough to imagine that the DNC would turn to Clinton even in the event of such an emergency, but then again, who knows? Is it worth watching out for? Sure. Is it worth laying money down on the possibility?
We’ll leave that up to you.