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https://www.newsweek.com/donald-trumps-chances-winning-2024-election-damaged-guilty-verdict-1906889
The odds of Donald Trump winning the 2024 presidential election fell after he was found guilty on 34 counts of falsifying business records on Thursday, making him the first former president in American history with criminal felony convictions.
But many are still backing him to win.
U.K. bookies Betfair slashed the odds on a Trump victory in November from 5/6 (54 percent), immediately before the ruling, to 21/20 (49 percent) after it was announced. Correspondingly the odds of Biden winning increased from 9/5 (36 percent), before, to 6/4 (40 percent) after.
Trump falsified business records in order to hide from the 2016 presidential electorate a payment of $130,000 in hush money to former porn star Stormy Daniels, the jury found. After the guilty verdict at Manhattan Criminal Court, Trump branded the trial "rigged," claiming it was overseen by "a conflicted judge who was corrupt." The former president is widely expected to appeal.
Betfair said Trump's conviction caused a surge in bets on the next U.S. president. It took £638,000 ($814,400) stake money in 24 hours, around half of which was from punters backing the presumptive Republican candidate. Thus far, more than £19 million ($24.3 million) has been bet on the outcome of November's contest with Betfair.
Spokesperson Sam Rosbottom told Newsweek: "Despite huge questions around the ex-president's future, his eligibility to vote and potential jail time, punters remain convinced he is the man who'll be in the White House after November 5."
The odds of Donald Trump winning the 2024 presidential election fell after he was found guilty on 34 counts of falsifying business records on Thursday, making him the first former president in American history with criminal felony convictions.
But many are still backing him to win.
U.K. bookies Betfair slashed the odds on a Trump victory in November from 5/6 (54 percent), immediately before the ruling, to 21/20 (49 percent) after it was announced. Correspondingly the odds of Biden winning increased from 9/5 (36 percent), before, to 6/4 (40 percent) after.
Trump falsified business records in order to hide from the 2016 presidential electorate a payment of $130,000 in hush money to former porn star Stormy Daniels, the jury found. After the guilty verdict at Manhattan Criminal Court, Trump branded the trial "rigged," claiming it was overseen by "a conflicted judge who was corrupt." The former president is widely expected to appeal.
Betfair said Trump's conviction caused a surge in bets on the next U.S. president. It took £638,000 ($814,400) stake money in 24 hours, around half of which was from punters backing the presumptive Republican candidate. Thus far, more than £19 million ($24.3 million) has been bet on the outcome of November's contest with Betfair.
Spokesperson Sam Rosbottom told Newsweek: "Despite huge questions around the ex-president's future, his eligibility to vote and potential jail time, punters remain convinced he is the man who'll be in the White House after November 5."
