Why is Trump odds-on favourite to win the 2024 US Presidential Election?
Trump is the strong favourite at the bookies, but US national polls suggest the contest is more 50-50. Why the difference? Which is right? This is a great opportunity to understand how sportsbooks and betting markets work. BETTING ODDS DO NOT PREDICT OUTCOMES, THEY TRY TO EXTRACT THE MAXIMUM PROFIT FROM BETTORS. This concept...