Ir­ish bookmaker pays out early on Clin­ton win

The Myanmar Times - - World -

IR­ISH bookmaker Paddy Power has paid out early to cus­tomers who backed Hil­lary Clin­ton to win the US elec­tion, say­ing it’s a “done deal”.

With less that three weeks to the vote, the firm paid out £800,000 (US$984,000) to those who put their money be­hind the Demo­crat, af­ter the odds of a win for Repub­li­can ri­val Don­ald Trump plunged.

The book­ies said they had seen a flood of money on Ms Clin­ton fol­low­ing Mr Trump’s lewd com­ments about women and ac­cu­sa­tions against him of sex­ual as­sault.

“Mr Trump gave it a hell of a shot go­ing from a rank out­sider to the Repub­li­can can­di­date but the re­cent flood of rev­e­la­tions have halted his mo­men­tum and his chances now look as patchy as his tan,” said a spokesper­son for Paddy Power.

Be­fore the pay­out, the bookmaker put the chances of a Mr Trump win at 9/2 – a far cry from his ini­tial 100/1 odds last year, but com­fort­ably be­low the 13/8 odds of May.

But if Mr Trump over­turns the odds and be­comes pres­i­dent it will trig­ger the biggest po­lit­i­cal pay­out in book­mak­ing his­tory, Paddy Power said. –

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