Donald Trump Post Debate Meltdown, Betfair Betting Market Points to Collapse in Odds of Winning
ElectionOracle / US Presidential Election 2016 Sep 30, 2016 - 09:25 PM GMTAccording to the betting markets It appears Donald Trump's campaign is in full meltdown mode in the wake of Trumps loss to Hillary in the first debate following which instead of Trump's campaign trying to learn lessons from the defeat, instead has increasingly witnessed delusional Trump claiming victory and doubling down on by basically magnifying that which lost him the debate in the eyes of the voters as illustrated by calling into Fox and Friends that literally had the presenters grimacing in response to some of the statements that Trump was making such as being in the lead in fictitious opinion polls and then trying to defend the fat Miss Universe saga.
Whilst the opinion polls show no shift post debate i.e. still have Hillary on 44% and Trump on 41%, so no change there. However a likely for more accurate measure of candidate standings are the bookies and betting markets such as betfair where we are witnessing a steady collapse in the probability for a Trump Election win. For instance just prior to the debate Trump had rallied to his best market standing of 2.88, immediately following the debate that had widened to 3.35, yesterday Trump stood 3.45 and today's latest price now has him at 3.75 which converts into just a 25% probability of winning the election, down from a peak of about 35%.
US Presidential Election 2016 Betfair Market
Date | Time (BST) | Hillary | Trump | Comments |
25th Sept | 1.58 | 3.05 | Trending in Trumps favour | |
27th Sept | 2am | 1.57 | 2.88 | Trump peaks just prior to the start of the 1st debate |
27th Sept | 4am | 1.44 | 3.35 | Just after the 1st debate confirming Trump lost. |
30th Sept | 3am | 1.45 | 3.45 | Odds continuing to move against Trump election win |
30th Sept | 9pm | 1.39 | 3.75 | Accelerating meltdown of Trump odds |
So what Trump has been doing post debate has been WORSENING his chances of winning the election. Though of course the betting markets could once more turn out to be just as wrong as they were for the UK's EU referendum, but still they are likely to be far more accurate then the POLLS! Which CANNOT be taken seriously as they tend to be weighted and skewed in favour of those commissioning the polls.
The next debate is on Sunday 9th October with the third and final debate on October 19th.
See the following video for why Donald Trump lost the 1st debate to Hillary Clinton:
Trump's debate loss boiled down to "tax, birth and pigs", so it's no wonder Hillary was shimmying.
However, they say to know who really won a debate you have to watch the debate with the sound off, whilst its not possible to watch 90 minutes, but even a few minutes of watching the debate with the sound down can result in a completely different result! For it's the old Kennedy / Nixon phenomena, where those who listened to the debate on Radio concluded that Nixon won, whilst those who watched it on TV concluded Kennedy won. So who wins if the the sound is turned down? See for yourself in this 3 minute video -
As for my forecast for who most probably will win to become the next US President which is not based on the polls or odds then watch:
By Nadeem Walayat
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Nadeem Walayat has over 25 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.
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