Betting pattern that called Brexit predicting Trump presidency...
It is news that will strike fear into the hearts of perhaps half of America and large chunks of the world outside of it.
Despite a calamitous week of campaigning, betting markets on the US election are almost a mirror image of those on Britain’s EU referendum at this stage. And they could be pointing to a victory for Donald Trump.
Bookmaker William Hill says 71 per cent of the money so far staked is for Democrat Hillary Clinton. But 65 per cent of the bets by number are for the controversial Republican.
That means a lot more punters are putting smaller bets on Trump, almost exactly the same pattern as was seen in the run up to the Brexit vote when the money was for Remain but the majority of bets were for Leave.
The bookie has cut the odds on a Trump victory from 11-2 to 4-1 over the past two days in response to a surge in bets for the reality TV star and businessman turned politician.