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DanTex

(20,709 posts)
Mon Sep 28, 2015, 10:31 AM Sep 2015

Implied electability odds from betting markets.

http://www.predictwise.com/politics/2016president

Predictwise has the betting odds for candidates to win both the nomination and the general election. By dividing the GE probability by the primary probability, we can compute the probability of winning the general conditional on first winning the primary. It comes out like this

Hillary: 68 primary, 42 general, conditional probability is 42/68 = 62%
Biden: 19 primary, 13 general, conditional probability 13/19 = 68%
Bernie: 12 primary, 6 general, conditional probability 6/12 = 50%

For the GOP leaders we get
Bush: 13/34 = 38%
Rubio: 9/25 = 36%
Trump: 6/12 = 50%
Fiorina: 3/8 = 38%

One note of caution, in cases where the numbers are low, rounding error could have a big influence. For example, Trump and Bernie are at 6/12 which comes to 50%, but if the 6 and 12 are actually 6.49 and 11.51, this would come out to 56%, and it could also go as low as 44% if the rounding worked out the other way.


Anyway, I find these numbers interesting. On the Dem side, it's no surprise that Bernie has the lowest electability, though 50% is respectable, and personally I think his chances of beating the GOP are lower than that. Biden comes out on top, which makes some sense, and Hillary is looking good too.

On the GOP side, the big surprise is that the most electable is Trump, and the mainstream candidates Bush and Rubio have horrible electability percentages, below 40. It is possible that some of Trump's GE odds are coming from a possible 3rd party candidacy, but I think that the odds of him running as a third party and actually winning are tiny.
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Implied electability odds from betting markets. (Original Post) DanTex Sep 2015 OP
Bernie supporters still have yet to explain how he can win the GE while being outspent 10 to 1 Cali_Democrat Sep 2015 #1
That Dog is getting too old to hunt Armstead Sep 2015 #4
In a race where Republicans will spend $1 Billion redstateblues Sep 2015 #6
I said $100 million as a very consrvative baseline Armstead Sep 2015 #9
........ daleanime Sep 2015 #5
If this election is about "betting markets" and all the same Ron Green Sep 2015 #2
thread trashed....nt artislife Sep 2015 #3
Next prophesy from Dan-O JackInGreen Sep 2015 #7
DanTex- please stop posting smears redstateblues Sep 2015 #8
I think Rubio wins the GOP nomination LettuceSea Sep 2015 #10
According to predictwise, he's at 25% right now, which is 3-1. DanTex Sep 2015 #11
Good deal, ty LettuceSea Sep 2015 #12
These are good odds for Clinton Gothmog Sep 2015 #13
 

Cali_Democrat

(30,439 posts)
1. Bernie supporters still have yet to explain how he can win the GE while being outspent 10 to 1
Mon Sep 28, 2015, 10:38 AM
Sep 2015

by the GOPers.

It's nice to be opposed to nuclear weapons, but if the other side has a nuclear bomb and all you have is a slingshot, good luck.

 

Armstead

(47,803 posts)
4. That Dog is getting too old to hunt
Mon Sep 28, 2015, 10:50 AM
Sep 2015

On a number of levels.

The influence on money on elections is obscene.

But there is also a point of critical mass in which ads become neutered and/or counterproductive. "Not another goddamn Romney ad!"

Support and grassroots organizing is also a factor.

And if you want to talk money -- if Big Donors and the Democratic Establishment were to bail on funding in the General Election because it's Sanders.......Well it shows what they were expecting for their investments. And that's a big part of the problem.

It is also possible for Sanders to raise money in more small contributions. Say, being very conservative, as a baseline 10 million were convinced to donate $10, that's $100 million alone. And that can be expanded by more people and make larger donations.

Getting so tired of the about trying anything different.




redstateblues

(10,565 posts)
6. In a race where Republicans will spend $1 Billion
Mon Sep 28, 2015, 11:07 AM
Sep 2015

$100 million will not get the job done. That is reality.

 

Armstead

(47,803 posts)
9. I said $100 million as a very consrvative baseline
Mon Sep 28, 2015, 11:54 AM
Sep 2015

Read the whole post, assume that many donations will be larger, and that perhaps more that 10 million people might kick in.

Once again, I am simply saying that -- while the campaign finance system is obscene -- we can't always base everything on of th big bad GOP and the wealthy.

That's how they keep winning.

Ron Green

(9,823 posts)
2. If this election is about "betting markets" and all the same
Mon Sep 28, 2015, 10:43 AM
Sep 2015

old crap (polls, pundits, attack ads, focus groups, marketing, big money), then Clinton is your candidate.

However, if we're going to seize the opportunity to transform the system, that's another story.

JackInGreen

(2,975 posts)
7. Next prophesy from Dan-O
Mon Sep 28, 2015, 11:10 AM
Sep 2015

The Great All Seeing Miasmo predicts a Clinton win (at contract bridge, checkers, and Words with Friends).
And if you buy that I've got fantastic bridge to sell you.

redstateblues

(10,565 posts)
8. DanTex- please stop posting smears
Mon Sep 28, 2015, 11:42 AM
Sep 2015

that makes Bernie look look less than infallible. Anyone knows those betting predictors are third way, corporatist, centrist republican lite types.

LettuceSea

(337 posts)
10. I think Rubio wins the GOP nomination
Mon Sep 28, 2015, 12:25 PM
Sep 2015

Got him at 4.5 to 1 to win the minor league nomination.

Based on Oh P's calculations are those terrible odds?

DanTex

(20,709 posts)
11. According to predictwise, he's at 25% right now, which is 3-1.
Mon Sep 28, 2015, 12:27 PM
Sep 2015

So if you bet on him at 4.5-to-1, that's a good price.

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