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Gambling Site Already Paying Out For Clinton Victory

Nearly Seven Figures In Wagers Paid Out By U.K. Bookmaker

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With election day in America just weeks away, an online bookmaker in the U.K. has already decided to pay out nearly $1 million in bets made on Hillary Clinton.

Paddy Power, which famously paid out $650,000 two days early on President Obama winning his re-election bid in 2012, had Clinton listed at 2/11 on Tuesday. Trump was 9/2.

There’s reportedly been a bunch of money bet on Clinton lately in the online gambling world.

Over at FiveThirtyEight.com, Clinton’s chances at winning the election were pegged at 88 percent on Tuesday. That’s nearly as bad as it has ever been for Trump, who was down to about 10 percent in mid-August. It got as close as 55-45 on FiveThirtyEight.com in late September, before Clinton began pulling away once again.

A projection from Reuters puts Clinton at 95 percent, if the election were held this week. However, there’s still one debate left for the drama-filled campaigns.

A spokesperson for Paddy Power said in a statement: “Trump gave it a hell of a shot going from a rank outsider to the Republican candidate but the recent flood of revelations have halted his momentum and his chances now look as patchy as his tan. Recent betting trends have shown one way traffic for Hillary and punters seemed to have called it 100-percent correct."

However, over at rival online bookmaker William Hill, there was a £10,000 bet made on Donald Trump on Saturday. William Hill decided to shorten Trump’s odds.

“It has been one-way traffic in the betting market for several days as we took bets on Hillary Clinton of €550,000 and £183,200, both from female customers, amongst many others, but now there is a swing back towards Trump,” a William Hill spokesman told MarketWatch.

Around £20 million is expected to be bet on the U.S. election before it’s over.