USsportsbonus.com: Phil Murphy’s Re-election Chances Take Slight Hit Since Last Month
Phil Murphy’s Re-election Chances Take Slight Hit Since Last Month
–Political Betting Analysts Suggest New Jersey Governor Race Grows Tighter in Month Following Ciattarelli’s Primary Win–
Hoboken, New Jersey – July 19, 2021 – Democrats’ odds to win the 2021 New Jersey Gubernatorial Election have worsened since last month, according to betting industry analysts at USsportsbonus.com (See Disclaimer Below). In mid-June, Democrats were the 1/15 favorites to win (93.8% implied probability), but those odds have since worsened to 1/10 (90.9%).
During the same timeframe, the Republicans’ odds have moved more favorably. Since June 14, the Republicans’ odds to win the 2021 New Jersey Gubernatorial Election improved from 6/1 (14.3% implied probability) to 11/2 (15.4%).
“The betting data still shows Murphy with a substantial lead over Ciattarelli, but the movement is a good sign for the Republican challenger,” says US Sportsbonus gambling industry analyst Jay Sanin. “However, Ciattarelli still has a lot of ground to cover, as Murphy is heavily favored to be the New Jersey’s first Democratic Governor to be re-elected in over 40 years.”
Who Will Win the 2021 New Jersey Gubernatorial Election?
| Odds on June 14, 2021 Democrats: 1/15 (-1500) Republicans: 6/1 (+600) |
Odds on July 19, 2021
Democrats: 1/10 (-1000) Republicans: 11/2 (+550) |
Disclaimer: Wagering on the outcomes presented in this article is not currently legalized in the U.S. Odds listed are for illustrative purposes only, and are gathered from overseas operators, where betting on such props is legal and regulated.
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