U.S. Presidential Odds: 2016 Futures
2016 U.S. Presidential odds were on the move in early January after New Jersey Gov. Chris Christie, the Republican favorite, took a hit over a flap over a bridge connecting his state to New York City.
Emails showed high-ranking members of Christie’s staff arranged traffic jams along a busy bridge from Fort Lee, N.J. to New York City in a form of punishment for the Fort Lee mayor, who didn’t support Christie for re-election.
Christie claims he was blind-sided by the scandal and fired his deputy chief of staff. It’s still a big blow to his political future, as most believed Christie was the best candidate for the Republicans.
Before the controversy, Bovada was giving both parties, Republican and Democrat, equal shot at succeeding Barack Obama in the White House; both were listed at -120. However, Bovada adjusted the numbers after Thursday’s news.
The Democrats, as of January 9, are now even-money to win the White House, with the Republicans now +140 underdogs.
Barack Obama won the U.S. Presidential election in November, and the Democrats also opened as the favorites at the sportsbooks to claim victory in the White House race once again in 2016.
At Bovada the Democrats opened as the -130 favorites to win the 2016 U.S. Presidential election, with current Vice President Joe Biden and departing Secretary of State Hillary Clinton both among the potential candidates to run for the party in 2016.
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The Republicans opened as the -110 underdog on the odds to win the 2016 U.S. Presidential election at Bovada after Mitt Romney went down to defeat in November. Possible Republican candidates in 2016 include former Florida Governor Jeb Bush, current New Jersey Governor Chris Christie, and former VP candidate Paul Ryan.
2016 US Presidential Election - Winning Party (from Bovada)
Democratic Party -130
Republican Party -110