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CDJB
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Why do betting odds give Michael Bloomberg 10% chance of winning the Democratic nomination?

Currently https://www.electionbettingodds.com/ give Michael Bloomberg a bit over 10% chance of winning the Democratic nomination.

Since he is polling single digits(not even close to double digits) 4th or 5th nationally this seems weird to me.

Is there something obvious I am missing or it is just the way the betting markets work? Only thing I can think of is that Bloomberg is rich.

Why do betting odds give Bloomberg 10% chance of winning the Democratic nomination?

Currently https://www.electionbettingodds.com/ give Bloomberg a bit over 10% chance of winning the Democratic nomination.

Since he is polling single digits(not even close to double digits) 4th or 5th nationally this seems weird to me.

Is there something obvious I am missing or it is just the way the betting markets work? Only thing I can think of is that Bloomberg is rich.

Why do betting odds give Michael Bloomberg 10% chance of winning the Democratic nomination?

Currently https://www.electionbettingodds.com/ give Michael Bloomberg a bit over 10% chance of winning the Democratic nomination.

Since he is polling single digits(not even close to double digits) 4th or 5th nationally this seems weird to me.

Is there something obvious I am missing or it is just the way the betting markets work? Only thing I can think of is that Bloomberg is rich.

"a primary" is incorrect; the odds linked are actually those of winning the whole thing (note they add to 100% across all candidates; Biden would have a near 100% chance of winning a state, as would Sanders and probably Warren if it were just one state).
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Why do betting odds give Bloomberg 10% chance of winning athe Democratic primarynomination?

Currently https://www.electionbettingodds.com/ give Bloomberg a bit over 10% chance of winning athe Democratic primarynomination.

Since he is polling single digits(not even close to double digits) 4th or 5th nationally this seems weird to me.

Is there something obvious I am missing or it is just the way the betting markets work? Only thing I can think of is that Bloomberg is rich.

Why do betting odds give Bloomberg 10% chance of winning a Democratic primary?

Currently https://www.electionbettingodds.com/ give Bloomberg a bit over 10% chance of winning a Democratic primary.

Since he is polling single digits(not even close to double digits) 4th or 5th nationally this seems weird to me.

Is there something obvious I am missing or it is just the way the betting markets work? Only thing I can think of is that Bloomberg is rich.

Why do betting odds give Bloomberg 10% chance of winning the Democratic nomination?

Currently https://www.electionbettingodds.com/ give Bloomberg a bit over 10% chance of winning the Democratic nomination.

Since he is polling single digits(not even close to double digits) 4th or 5th nationally this seems weird to me.

Is there something obvious I am missing or it is just the way the betting markets work? Only thing I can think of is that Bloomberg is rich.

Tweeted twitter.com/StackPolitics/status/1219001714424066049
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