Bloomberg: Donald Trump is the new favorite to win the Republican presidential nomination, Betfair said, less than three weeks before Iowa caucus-goers cast the first votes of the 2016 election.
The odds on a Trump victory are 15/8, or 34 percent, putting the billionaire real-estate mogul as favourite in the market for the first time, Betfair said in an e-mailed statement in London on Wednesday. Previous favourite Marco Rubio widened to 11/5, or 31 percent, while Ted Cruz is 7/2, 22 percent. Betfair didn’t provide earlier odds in its e-mail.
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