Wagering on elections in the United States is limited by law to relatively small trading platforms connected to universities, which use data from the markets for academic research. The vast majority of big-dollar political betting occurs outside America. Her probability shot up a few percentage points on Sunday after the FBI stood by its earlier recommendation that no criminal charges were warranted against Clinton in her use of a private email server. The three sites all reported an 83 percent probability of a Clinton victory on Tuesday. A Ladbrokes spokesman said that amount was "at least double" the amount wagered on the 2012 election. Ladbrokes, a UK-based gambling company, said about 5 million pounds, or a little over $6 million, had been bet on the 2016 presidential election since its markets on the race opened four years ago. Even people with no knowledge of politics know who Trump is, said Mac An Iomaire said, explaining the runaway popularity of the U.S.
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