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Changes In Odds Make For A Wild Ride In U.S. Election Betting

I’ve been covering the sports betting world for 15 years and I’ve never seen anything come close to what we’ve seen this presidential election. 

And I’m just talking about the odds here, never mind the rest of the circus. During the past month alone, we’ve seen Hillary Clinton go from a -210 favorite to -550 to -325. 

You just don’t see odds move like that very often over such short periods of time. 

The first wild shift in the odds came after the Trump “locker-room” talk video was released. Clinton moved to a hefty -550 fave, meaning you needed to risk $550 just to win $100. Sportsbooks smiled, as they have major liability on Trump after he opened at 150-1 and they desperately need Clinton to win this election. 

Then came the FBI’s announcement that it’s reviewing its investigation into Clinton’s emails. Sportsbooks frown. The line moved back to -325 after sportsbooks briefly took the odds off the board altogether. 

Clinton is still being given a 69.5 percent chance to win the election, according to Five Thirty Eight. But the Washington Post-ABC News poll has Trump and Clinton tied as of Nov. 2.

Looks like sportsbooks are going to have to sweat this one right up until election day. 

Follow me on Twitter @JonnyOddsShark

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