The 2016 Republican National Convention started on Monday night and Donald Trump was formally nominated as the party’s nominee with Mike Pence as his running mate. Pence will give his vice presidential acceptance speech on Wednesday, and the stakes will be high since many voters are still unfamiliar with the Indiana governor.
Pence’s selection came as a surprise to everybody, including bookmakers who had Pence listed at +800 to land the nomination. The favorite to be Trump’s running mate was a constant revolving door that at various times included Alabama Senator Jeff Sessions, former Speaker of the House Newt Gingrich, New Mexico Governor Susana Martinez and Florida Senator Marco Rubio.
Hillary Clinton is widely expected to present her choice for a running mate at a rally in Miami on Saturday, but one candidate has consistently been near the top of her list. When the market-setting Bookmaker.eu first posted odds on Clinton’s Vice Presidential selection, Julian Castro (+200) was listed as the favorite followed by Virginia Senator Tim Kaine (+400).
Although Castro endorsed Clinton last year, he told CNN’s Brooke Baldwin that he would not accept a spot on Clinton’s presidential ticket. That announcement caused Castro to be removed as an option, while Kaine’s odds continued to soar.
After taking this prop bet off the board for over a month, Bookmaker re-opened their Vice Presidential betting odds last Friday with Kaine (-135) listed as a massive favorite. Over the weekend, Kaine’s odds soared from -135 to -335 before settling at -265.
The table below displays the odds movement at Bookmaker.
|Candidate||Odds (7/20)||Odds (7/18)||Odds (7/15)||Odds (6/9)||Odds (5/6)|
Aside from Kaine, the most likely VP nominee is Tom Vilsack — the former Iowa Governor and current Secretary of Agriculture. Although he wasn’t listed as an option when this prop was first posted back in May, Vilsack has recently emerged as a leading candidate at +300.
Who do you think Clinton will select? Are oddsmakers overlooking any candidates? Please leave your thoughts in the comment section below.
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