US Election Odds: Over $60K Wagered On Kanye West In Under 24 Hours
Bettors are backing Kanye West's presidential bid with big money
By now the whole word has heard that Kanye West has announced that he will be running for President of the United States in November’s election.
And whilst plenty still doubt the veracity of Ye’s claim, it hasn’t stopped plenty of bettors putting their money behind the superstar.
Big money backing Kanye
Before 24 hours had elapsed following West’s tweet, betting exchanges in the UK reported that over £50,000 (or $62,437) had been wagered on the rapper.
Kanye's odds shorten
Whilst Yeezy was previously available for 500/1, his odds immediately following the tweet shortened to 100/1 (+10000) – indicative of just 1% implied probability – and whilst one bookmaker continues to offer that price, others have cut his odds to as short as 40/1 (+4000, which suggests a 2.44% chance.
Can Kanye become president?
Oddschecker spokesperson: “This whole saga must be taken with a pinch of salt, especially given the fact that this isn’t the first time that Kanye has toyed with the public with regards to a Presidential run.”
“However, if developments suggests that this isn’t a stunt – such as West registering with the FEC – then interest will certainly build, especially given the clear flaws of the two major party candidates.”
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