Just two weeks after being officially sworn in as Republican Party Presidential Nominee at the RNC Convention, Donald Trump’s Presidency campaign has suffered a series of public and internal setbacks.
Betfair who had priced the controversial candidate at 2/1 following the RNC Convention have now placed Trump at 9/2, giving the brash New Yorker an 18% chance of winning the White House.
In the two weeks since Trump hit his lowest odds of becoming the 45th President of the United States, it appears that the candidate has divided the Republican Party base with daily controversies, attacks on Republican party statesmen and divisive rhetoric.
The divisions within the Republican camp have played in favour of Hillary Clinton who Betfair have now priced at 1/4, giving the Democrat nominee a 79% chance of becoming the first US female President.
Detailing further insights, Betfair announced that its ‘Next US President’ market had reached £26.5 million in trading.
Commenting on the market Naomi Totten, Spokesperson for Betfair, said:
“Trump is now priced at 9/2 having hit a low of 2.98 (2/1) during the conventions which equates to around a 36% chance. Since August 1st the Republican nominee has been drifting continuously with momentum back behind Clinton, who is now trading at a firm 79% chance of being elected as the next President.”