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Hillary Clinton 5-to-4 Favorite For White House in 2016

Democrats may be licking their wounds from Tuesday's beating at the polls. But one bookmaker is confident the party of FDR and Bill Clinton can keep the White House in two years.

William Hill on Wednesday released its latest odds for the presidential campaign in 2016 and the potential candidate it believes will succeed President Barack Obama in the White House.

The British bookmaker with about 2,350 shops and online betting operations, says former Secretary of State Hilary Clinton is the odds-on favorite to succeed Obama.

"The market had already factored in a bad result for the Democrats but should Hilary Clinton decide not to stand then the Republicans could become favorites for the 2016 elections," said William Hill spokesman Rupert Adams.

As of Wednesday, the odds to win the election were: Clinton, 5-4; former Florida Republican Gov. Jeb Bush, 7-1; Sen. Marco Rubio, R-Fla., 9-1; Se. Rand Paul, R-Ky., 12-1; New Jersey Gov. Chris Christie, 14-1, Sen. Elizabeth Warren, 16-1; and Vice President Joe Biden, 16-1. Odds on Mitt Romney, the 2012 Republican presidential nominee, are 20-1.

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William Hill, which also operates sports books and apps in Nevada, said a Democrat is 8-11 to win the election in 2016, while it’s 10-11 for a Republican, and 100-1 for an independent candidate. Betting on U.S. elections is big business for bookmakers in Europe, but is still illegal in Nevada.

However, novelty bets on the Academy Awards or “The Voice” are legal in Nevada. The Nevada Gaming Commission approved rules in January 2011 allowing race and sports books to accept wagers on events other than sports. But, before a bet is accepted bookmakers must receive approval from state gaming regulators and prove the wagering is fair and verifiable.

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