WEBVTT

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With Super Tuesday. Now in the books, we

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know we are barreling towards a rematch of Trump Biden

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at the ballot box in November. As of this

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morning, Nikki Haley has dropped out of the race

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and in a matter of hours, her odds to

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win the presidency which had been hovering in the 15

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to 20 to 1 range in European markets since August

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have jumped to 100 to 1. Trump's resounding win

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on Tuesday, not only elbowed out any legitimate Republican

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challengers, but it also helped him achieve a noticeable

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bump in the betting markets. Trump had been the

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favorite or co favorite in the presidential market since it

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opened in the summer of 2022. But for the

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first time, his implied probability has crossed over the

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50% threshold to retake the White House. His odds

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now sit at minus 125 where Biden's have been virtually

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unchanged since the fall at 2 to 1 on the

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democratic side of the aisle despite his insistence that he'll

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take this thing the whole way. There remains speculation

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that President Biden could step aside this summer for another

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candidate, the president for something like this is fairly

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ancient with presidents like James K, Polk Rutherford B

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. Hayes Calvin Coolidge and most recently in 1968 Lyndon

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Johnson not opting to seek a second elected term,

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but like LBJ Biden has health concerns at 81 an

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approval rating below 40% and legitimate candidates waiting in the

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wings to replace him. The Democratic candidate markets list

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Michelle Obama California, Governor Gavin Newsom and Vice President

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Kamala Harris as all strong challengers. The former first

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lady has leapfrogged both Harris and Gavin Newsom in these

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markets in the past six months. She can currently

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be found at 5 to 1 to win the nomination

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with Newsom and Vice President Harris settling into the 7

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to 1 and 12 to 1 lanes respectively. So

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much has changed in the wake of Trump's big win

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on Super Tuesday just last month. It would have

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been useful to discuss Trump's legal hurdles in the race

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at the White House. But at that time,

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there was zero consensus among legal scholars on the likelihood

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of him being taken off of the ballot for his

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role in the January 6th attacks. But on Monday

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, the US Supreme Court struck down Colorado's efforts to

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bar Trump from the state's Republican presidential primary under the

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14th amendment of the US constitution. That amendment and

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its so called insurrection clause would have disqualified any candidate

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for public office, had they engaged in insurrection or

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rebellion against the US government. This win in the

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Supreme Court further solidifies Trump's standing in both the polls

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and in the betting markets and without a serious challenger

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on the Republican side of the aisle to compete with

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the next wave of polling data expecting next week should

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really focus in on favorability for both Biden and Trump

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among likely voters both in their party and swing voters

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for more betting information and the markets on this race

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for the White House. Be sure to check in

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the Action network app and follow us on our social

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channels.

