French election: Money floods in for Marine Le Pen shock win, say betting markets
BETTING markets are pricing in a 10-15 per cent chance that Marine Le Pen will pull off a shock election win, as France takes to the polls to vote in its next president.
By LANA CLEMENTS
Express.co.uk
Sun, May 7, 2017
Independent candidate Emmanuel Macron is seen as the favourite to secure victory in the French Election, yet more more people have put stakes backing his opponent, found Oddschecker, which measures a number of betting odds to create an average.
Overall, there are a higher number of bets on Ms Le Pen coming out on top, than Brexit or Donald Trump – even though the odds are much lower, according to the betting experts.
Around 56 per cent of stakes placed have been for the anti-euro candidate to win.
Sam Eaton, spokesperson at Oddschecker, said: “Trump himself has been one of two major political betting shocks in the last couple of years, the other being Brexit.
“Even though the odds of another upset are a lot steeper, surprisingly a lot more people are backing another shock result in the French Election than in the US last year.”
Overall, polls point to Mr Macron as the next leader of France.
Expectations of the independent candidate’s success increased after he was thought to have beat Ms Le Pen in a live television debate.
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