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Who Canadians are betting on to win the U.S. Presidency · Kvetch & Release

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  Speaker 1: Thanks, folks, We're back.
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  Speaker 2: John Leakey here.
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  Speaker 1: Hey eight hundred CKLW. Can you believe it? There are
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  Speaker 1: less than three months left until the twenty twenty four
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  Speaker 1: US presidential election. The playbook has been thrown in the garbage.
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  Speaker 1: US President Joe Biden has decided to step aside from
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  Speaker 1: the election. Vice President Kamala Harris is running for president, officially,
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  Speaker 1: having received the delegates the last week at the DNC.
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  Speaker 1: Governor Tim Wallas is her running mate against again former
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  Speaker 1: President Donald Trump and his running mate J d Vance,
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  Speaker 1: a Senator. And Canadians are tuning in and paying attention,
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  Speaker 1: and they're actually pulling out their wallets and placing some bets.
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  Speaker 1: Joining me right now to discuss who Canadians are betting
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  Speaker 1: on to win the US presidency. Joining me is the
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  Speaker 1: head of content at powerplay dot Com, Larry Fisher. Larry,
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  Speaker 1: how you.
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  Speaker 2: Doing doing good? John? Thanks for having me on.
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  Speaker 1: Thanks so much for joining us here. So, I mean,
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  Speaker 1: I guess I should have assumed that Canadians would be
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  Speaker 1: betting on the US presidency, but I really hadn't thought
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  Speaker 1: about it before.
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  Speaker 2: You know, it was a surprise to me too. You know,
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  Speaker 2: you're working for a sports book. You're thinking of the
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  Speaker 2: super Bowl and the big sporting events, but the popularity
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  Speaker 2: of betting on politics is something that maybe not a
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  Speaker 2: lot of people realize. You go back to twenty twenty
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  Speaker 2: and there were sports books that were taking in upwards
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  Speaker 2: of five hundred million dollars in betting on Trump versus Biden.
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  Speaker 2: So and they're projecting that this could exceed that twenty
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  Speaker 2: twenty four election could exceed set a new record as
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  Speaker 2: far as betting on politics. So definitely Canada and elsewhere
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  Speaker 2: are especially when you add in a character like Donald Trump,
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  Speaker 2: such a big personality, a controversial figure that's really a
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  Speaker 2: love him or hate him kind of guy. People are
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  Speaker 2: passionate about politics to begin with, but you put a
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  Speaker 2: character like him in and people start voting with their hearts,
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  Speaker 2: and they also start betting with their hearts and really
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  Speaker 2: getting behind one candidate or the other.
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  Speaker 1: So is it just simple as simple as just saying, Hey,
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  Speaker 1: I want to put one hundred dollars down to bet
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  Speaker 1: that Kamala Harris wins. Or are there like what types
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  Speaker 1: of bets are people able to make?
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  Speaker 2: Yeah? So, I mean that's that's probably the most popular.
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  Speaker 2: One is the the outright winner of the of the election,
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  Speaker 2: who's going to become the next president of the United States,
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  Speaker 2: Donald Trump or Kamala Harrison. And as of today, John
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  Speaker 2: they the odds are equal on powerplay dot Com minus
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  Speaker 2: one eleven. So, but if you're not into sports betting,
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  Speaker 2: what that means is you have to bet one hundred
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  Speaker 2: and eleven dollars on either candidate to win a hundred.
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  Speaker 2: So if if you put down one hundred and eleven
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  Speaker 2: dollars on Donald Trump, your turn up, your payout would
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  Speaker 2: bee hundred dollars. So essentially you get two hundred and
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  Speaker 2: eleven dollars, you get your hundred dollars or your hundred
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  Speaker 2: and eleven back, and you win a hundred. Right, So
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  Speaker 2: that's kind of the way that the numbers work if
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  Speaker 2: you're not a big sports better. But yeah, they're they're
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  Speaker 2: equal odds as of today. And you know what, you
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  Speaker 2: look back even you know a month or two ago
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  Speaker 2: when the assassination attempt happened on on July thirteenth, Donald
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  Speaker 2: Trump got a big bump from there and he was
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  Speaker 2: a clear favorite at minus two twenty seven. So when
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  Speaker 2: when you're thinking about that, you had to put down
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  Speaker 2: you know, two hundred and twenty seven dollars to win
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  Speaker 2: a hundred. Now you got to put down one hundred
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  Speaker 2: and eleven dollars to a hundred. So that gap has
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  Speaker 2: has really closed over the month. Obviously, when when Joe
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  Speaker 2: Biden announced he wouldn't seek reelection, you know, then then
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  Speaker 2: Trump started to come down and he went to minus
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  Speaker 2: one eighty nine. When Kamala came in, it was minus
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  Speaker 2: one seventy one, and the momentum has continued in Kamala's
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  Speaker 2: favor where now now we're looking at an even a
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  Speaker 2: dead heat. If you want us to hit at minus
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  Speaker 2: one eleven.
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  Speaker 1: It's you know, it's interesting stuff. I'm looking here at
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  Speaker 1: the website right now for politics that you guys have
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  Speaker 1: at powerplay dot com, and you're offering bets on who
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  Speaker 1: will take the state Republicans or Democrats in Georgia and Nevada, Wisconsin, Pennsylvania, Michigan, Arizona,
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  Speaker 1: North Carolina. Hey, you chose the swing states here, you
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  Speaker 1: chose the important ones.
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  Speaker 2: Yeah, exactly that those markets are brand new. They just
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  Speaker 2: went up this morning actually, So yeah, you can bet
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  Speaker 2: on the swing states. You can bet on obviously the
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  Speaker 2: party that's going to win and then the candidates that
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  Speaker 2: the candidates that's going to win the president y and
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  Speaker 2: one thing people are. You know, it's really a two
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  Speaker 2: horse race in the minds of many. But if you
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  Speaker 2: look there, there's still other candidates you can you can
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  Speaker 2: bet on that would if they somehow won the election
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  Speaker 2: or entered the election, it would be a huge win
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  Speaker 2: for you. You know, look at somebody like JD. Bath if
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  Speaker 2: something happened at Trump but he had to bow out
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  Speaker 2: and JD took took the range there. You know, if
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  Speaker 2: you've bet one hundred dollars, you'd win seventy nine hundred dollars, right, So,
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  Speaker 2: Michelle Obama, Hillary Clinton. You know, there's some names still
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  Speaker 2: out there. But in saying that, you know a lot
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  Speaker 2: of people had bet on Biden and and and now
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  Speaker 2: they're out there money. Some people have bet on on
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  Speaker 2: Vivic and and even we even had somebody take a
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  Speaker 2: bet on Kanye West when he was an option on
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  Speaker 2: their way back when. But these markets have been opened since,
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  Speaker 2: you know, since the last election, since twenty twenty that
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  Speaker 2: they right away put up some names and some odds
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  Speaker 2: for twenty twenty four. So it's been a fun ride
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  Speaker 2: and the roller coaster is going to continue as we
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  Speaker 2: get into the debates and and the final home stretch
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  Speaker 2: to the November fifth election.
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  Speaker 1: I feel bad for the people who put their money
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  Speaker 1: in on Biden. It's just like, oh, come on, get me,
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  Speaker 1: get back. That's not fair. But hey, that's the way
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  Speaker 1: the game goes, right Who would have thought.
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  Speaker 2: Yeah, yeah, you can't. I'm sure some of them probably
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  Speaker 2: thought they could transition it to Kamala as his replacement
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  Speaker 2: or his running mate, but unfortunately not. Yeah, he sees
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  Speaker 2: out and those people are going to have to play
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  Speaker 2: the new bat now if they want to get their
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  Speaker 2: say in the election over the next couple of months.
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  Speaker 1: So this is all relatively new for us here in Ontario, right, Yeah.
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  Speaker 2: Well, certainly the sports books have been around for it
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  Speaker 2: for a long time, but it's been regulated in Ontario,
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  Speaker 2: I guess just over a year now. It came in
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  Speaker 2: I believe it in April or twenty three is when
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  Speaker 2: sort of they would power Play and the other sports
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  Speaker 2: books where were fully regulated and licensed in Ontario. And
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  Speaker 2: a lot of that was for the live betting and
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  Speaker 2: the single single event betting on the sports side, where
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  Speaker 2: you know, you say I picked multiple events, multiple games
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  Speaker 2: and the winners that all line up in order to
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  Speaker 2: get payouts. But now you have single event and now
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  Speaker 2: the live betting, certainly on sports is huge. And then
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  Speaker 2: you add in these novelty markets and different events such
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  Speaker 2: as the US election of politics, and to be honest, John,
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  Speaker 2: yeah you don't see it there yet, but I confirmed
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  Speaker 2: with our sports book manager that we will have odds
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  Speaker 2: for the Canadian election as well. Those should be up
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  Speaker 2: soon and obviously that'll be of interest to all all
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  Speaker 2: your listeners and the Canadian population.
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  Speaker 1: Oh my gosh, could you please roll one out for Windsor, Ontario.
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  Speaker 1: We've got a municipal election coming up in twenty six.
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  Speaker 2: We'll have to gauge the interest, but yeah, definitely maybe locally,
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  Speaker 2: you guys can get a pool going there, certainly a
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  Speaker 2: fun way to bet on it, and there you go.
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  Speaker 1: It's interesting. So customers are interested in this kind of
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  Speaker 1: stuff obviously, that's why you're offering it.
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  Speaker 2: Yeah, there is a demand for it, absolutely, and like
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  Speaker 2: I said, the twenty twenty election brought in, you know,
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  Speaker 2: five hundred million dollars or upwards of so yeah, there's
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  Speaker 2: there's definitely a lot of interest. And again I think
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  Speaker 2: part of it is the US politics with Donald Trump
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  Speaker 2: being a player, there is definitely brought a lot of interest.
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  Speaker 2: And you know, even looking in Canada, you know, our
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  Speaker 2: biggest bet to date was on Donald Trump and came
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  Speaker 2: from Alberta, so there is maybe the Prairie provinces are
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  Speaker 2: more pro Trump. But and then like again, talking with
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  Speaker 2: our sports book manager, he said, you know, there has
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  Speaker 2: been a swing since Kamala came into a lot of
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  Speaker 2: the more recent bets, there's been a more more popularity
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  Speaker 2: or Kamal has been the more popular selection in recent
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  Speaker 2: weeks since Biden dropped out, which is reflected by the
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  Speaker 2: now even odds. And it'll be interesting to see who
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  Speaker 2: goes up and who goes down as far as the
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  Speaker 2: odds go between now and November fifth.
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  Speaker 1: It's interesting how you guys can almost be an informal
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  Speaker 1: barometer as to public sentiment based on what the what
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  Speaker 1: the bets are that are coming in. You say, it's
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  Speaker 1: fifty to fifty, that's what public polling is reflecting for
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  Speaker 1: the most part. Right now, you say that the biggest
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  Speaker 1: bet came in for Donald Trump from Alberta. Can I
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  Speaker 1: ask how big that that was?
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  Speaker 2: You know, I don't even have the totals or the
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  Speaker 2: figure for you, but I don't know if we disclose
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  Speaker 2: those necessarily. But we're not taking Drake's size bets. We're
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  Speaker 2: not taking a million dollar bets by any means, but
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  Speaker 2: we're taking a bet that are north of one thousand
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  Speaker 2: dollars for sure. So there's definitely a people putting in
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  Speaker 2: some good money. And like I said, it is a
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  Speaker 2: bit of a barometer. But it wouldn't be the first
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  Speaker 2: time that the favorite or the betting favorite, if one
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  Speaker 2: of them does pull ahead here over the next couple
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  Speaker 2: of months, ends up losing. If you go back to
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  Speaker 2: twenty sixteen, Trump was a pretty significant underdog to Hillary
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  Speaker 2: Clinton as far as the betting odds go, and the
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  Speaker 2: obviously he upset her. So it's happened a couple of
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  Speaker 2: times where the odds don't necessarily reflect the betting odds
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  Speaker 2: or the money that's put on it don't necessarily reflect
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  Speaker 2: what that the voters are going to do in the
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  Speaker 2: United States. But certainly there's a lot of interest and
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  Speaker 2: I'm sure people do follow the odds. That's you know,
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  Speaker 2: kind of the popular vote as well.
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  Speaker 1: Yeah, well, I love it. It's interesting, fun stuff. Gamify the
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  Speaker 1: US presidential election and you can actually win some bucks
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  Speaker 1: too if you get it right. I want to thank
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  Speaker 1: you for your time, Larry, really appreciate it.
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  Speaker 2: No, thanks again for having me on, John, and it'll
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  Speaker 2: be an exciting couple months here leading up to November fifth.
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  Speaker 1: Absolutely, thank you so much. Larry Fisher is the head
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  Speaker 1: of content for powerplay dot com. Who Canadians are betting
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  Speaker 1: on to win the US presidency is what we were
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  Speaker 1: just talking about. Who do you think is going to
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  Speaker 1: win the US presidency? Who would you put money on? VP?
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  Speaker 1: Kamala Harris or former President Donald Trump? That's what we
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  Speaker 1: want to talk about right now. You can call or
• 9:22
  Speaker 1: text us five one nine seven nine two CKLW that number.
• 9:25
  Speaker 1: Five one nine seven nine two two five five nine.
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  Speaker 1: Who do you think is going to win the US presidency?
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  Speaker 1: Would you put your cold hard bucks down and bet
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  Speaker 1: for the presidency? Would you bet on who would become
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  Speaker 1: the next Prime Minister? Let us know your thoughts. Five
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  Speaker 1: one nine seven nine two CKLW. John Lidkey here on
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  Speaker 1: AM E one hundred. We're back after this