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Nevada Caucus: Market Opens With Bernie As Favorite

The market was priced up this morning with Sanders narrowly ahead of Joe Biden
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Oddsmakers’ have named Bernie Sanders as the most likely Democrat winner of the Nevada Caucuses next February, with an implied chance of 40%.

Joe Biden is right behind him at 38.02%, followed by a considerable gap to Elizabeth Warren and Pete Buttigieg, whose current chances are 13.33% and 12.50% respectively.

Three states have been priced up by the books so far – Nevada, Iowa and New Hampshire – and the veteran Vermont senator is currently the favorite in all of them.

Oddschecker spokesperson Pete Watt: “We’re still over six weeks away from the first-in-the-nation vote in the form of Iowa, but the race is very much on.”

“The title of ‘favorite’ Democrat for the very first Caucus has changed hands multiple times in the last two months, but it is Bernie who is currently enjoying a surge.”

“Elizabeth Warren, meanwhile, is on a trajectory worryingly similar to that of Kamala Harris, and she will be desperate to make a good start by securing Iowa.”

“Bernie may have been installed as an early favorite in Nevada but, if the Iowa and New Hampshire markets are anything to go off, he may not be there for long.”


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