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Clinton, Rubio now Presidential favorites following Iowa Caucus

Updated Presidential Odds

The 2016 Iowa Caucus were held, to some surprising results, and now there are new odds on who will be elected the President of the United States in 2016.

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According to oddsmakers at Bovada.lv, Hillary Clinton is now the clear favorite at +110 to win the title. Marco Rubio has made a big jump to +300 while Donald Trump has fallen to +350. Bernie Sanders sits at +500 while Ted Cruz is at +1200.

In a bit of a shock, Cruz emerged the winner of the Republican Caucus on Monday night, earning 27.6 percent of the wagers. Trump was second with 24.3 percent while Rubio took 23.1 percent. Despite placing third, the night was considered a big success for Rubio, who is expected to gain steam as the process moves on to other states. Trump was expected to win somewhat easily on Monday, so his defeat raises a lot of questions about his ability to earn the nomination.

On the democratic side, Clinton beat Sanders by a slim 49.9 percent to 49.6 percent margin. Clinton was expected to have more of a sizable win, so Sanders’ campaign is considering Monday a success, especially with a projected victory coming in New Hampshire next week. Sanders garnered a huge margin of votes from younger voters, so his push for the nomination could come if there is a strong turnout of young voters.

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