Is The Race Over: Market Odds Of Contested Convention Tumble As Trump Nomination Odds Surge
By Tyler Durden
While it was broadly accepted that Trump would sweep tonight’s “Acela Primary”, few were expecting Trump to post majority wins in any of the states. And Yet, that appears to be taking place nowhere more so than in Pennsylvania where Trump’s vote as of this moment is over 65%, a result which would go far to assuring Trump of getting the required 1237 votes to avoid a contested convention.
And indeed, the market is already responding. Moments ago, on popular online betting side PredictIt, the odds of a contested GOP convention just tumbled to 21%, trying the record low in history.
Meanwhile, Trump’s odds of wining the GOP primary have soared, and are now at 80%, tying the highest level in contract history.
So, with Hillary also now assured of the Democratic nomination, and with Trump on his way, is the presidential primary race effectively over?
Source: Is The Race Over: Market Odds Of Contested Convention Tumble As Trump Nomination Odds Surge
