A supporter holds up a sign as Republican presidential nominee Donald Trump speaks during a campaign rally in Sarasota, Florida, U.S. November 7, 2016. REUTERS/Carlo Allegri
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NEW YORK: The raucous, passionate and unpredictable 2016 U.S. presidential election is on track to notch another distinction: the most wagered-upon political event ever.Betfair's "Next President" market was by far the largest of more than 70 markets on the site related to the U.S. election.The site has had about $4.38 million bet on the race so far.Even people with no knowledge of politics know who Trump is, Mac An Iomaire said, explaining the runaway popularity of the U.S. election in betting markets.Ladbrokes, a U.K.-based gambling company, said about 5 million pounds, or a little over $6 million, had been bet on the 2016 presidential election since its markets on the race opened four years ago. The three sites all reported an 83 percent probability of a Clinton victory Tuesday. The latest Reuters/Ipsos poll showed Clinton with a 5 percentage point lead over Trump in the national survey – 44 percent to 39 percent – while races in the swing states of Florida and North Carolina had shifted from Clinton's control to being too close to call.
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