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Beaker999 [S] 4 points ago +4 / -0

The market for Trump as $30 bid on Friday. Even a few hours ago it was $28 bid. Now it's $22! This move has come on the back of big money flowing onto Trump.

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Zskills 4 points ago +4 / -0

explain for non-gamblers

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tcriv 4 points ago +4 / -0

big players have dropped HUGE money on trump

when this sorta stuff happens, the sportsbook will adjust their odds to mitigate risk. sportsbooks don't want to be gambling on outcomes, they just want to get their cut

tbh i wouldn't read too much into it. i'd say we at TDW know as much as anyone could possibly know without being in trumps inner circle. these markets fluctuate.

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deleted 2 points ago +3 / -1
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Beaker999 [S] 2 points ago +2 / -0

A market move like this is a good indicator of sentiment. That is sentiment swinging toward Trump. For the market to move in from $30 to $22 now, it's taken at least $3-$5 million on bets backing Trump to be the next president. And that's bets being placed in the past 48 hours. Mostly the past 6 hours. The market isn't a perfect predictor, but it's a good indication that serious sentiment is starting swing in behind Trump.

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Zskills 1 point ago +1 / -0

so that means.. if I bet $100 on trump two days ago I would've made $130, but now I only get $122?

or something like that? Still a bit confused

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Beaker999 [S] 1 point ago +1 / -0

At $22 if you put $100 on Trump and he becomes the next President, you get $2,200.00