Politics

One bookie is already paying out bets that Trump wins GOP nomination

Donald Trump is the GOP presidential nominee — at least according to a major Irish bookie.

Dublin-based PaddyPower Betfair is already paying out about $130,000 in wagers on Trump winning the Republican nomination, following his Super Tuesday victories.

“Since 1988, the candidate to clean up on Super Tuesday has always gone on to win their party’s nomination,” Ireland’s largest bookmaking operation said in a statement on Wednesday.

Bookies occasionally pay out early for bets as a publicity stunt and/or to entice gamblers to bet their winnings.

Democratic front-runner Hillary Clinton is still the favorite to win in November, according to PaddyPower, at 1-to-2 odds. Trump is a 9-to-4 choice.

British bookie William Hill has practically ended betting on the GOP nomination, listing Trump as a 1-to-7 GOP favorite on Wednesday. That means a Trump backer would have to risk $7 just to make a $1 net, should the tycoon capture the Republican nomination.

In the general election, Clinton is the 8-to-15 favorite while Trump is a 15-to-8 pick to win the White House, according to William Hill.