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If I Were a Betting Man…

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It’s not wise to attribute too much wisdom to the “wisdom of the crowds”, such that it is, but I’m nevertheless struck by just how dominant Hillary Clinton is in the presidential betting markets. She’s currently priced at $41.20 (for a $100 return), while the next highest candidate (Giuliani) is at $16.00. At that price I’d say that Giuliani is certainly the better bet, but I still find remarkable the presumptiveness of the Clinton candidacy. I also note that the Democrats appear to be slightly extending their lead in the Political Party stakes.

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