Individuals are inserting bets on who would be the metropolis’s subsequent mayor

Toronto’s impromptu mayoral election is coming quickly and it appears that evidently Torontonians are a bit extra invested on this one than the final. The election is about for June 26 and as of writing 86 completely different individuals have thrown their hat within the race as mayoral hopefuls. 

With so many names, some organizations try to capitalize on individuals’s picks, specifically on-line playing firms. Common on-line playing platform FanDuel normally sticks to plain sports activities betting however has now expanded its providers to municipal elections as part of its new “novelty betting program.” 

Different betting methods the corporate began underneath this program embrace betting on the primary snowfall of the yr and betting on what color of Gatorade might be poured on the winners of the Superbowl. 

As of writing, the betting odds for the candidates line up fairly equally to the present polling information. For instance, the ballot’s present frontrunner, Olivia Chow, can be the betting favorite, sitting at +175, which in betting phrases means a profitable $100 wager on Chow would pay out $175. 

Different large names within the race like former Toronto police chief Mark Saunders and former metropolis councillor Ana Bailão are presently sitting at +550 and +450 respectively, with the numbers solely getting bigger as you go down the listing. 

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