This post is to update the odds from last week’s post based on the market at PredictIt.org.
In the past week:
- The probability of the Democrats winning the presidency increased from 67.5% to 70.5%
- The probability of the House remaining under Republican control decreased from 83.5% to 79%.
- The probability of the Republican maintaining control of the Senate improved from 36% to 38%
What does this mean to the probability of which party controls the government. The most likely outcome remains a Democratic President and Senate with a Republican House at 34.5% although that dropped from 36.1%.
The probability of a Democratic President with a Republican House and Senate is the second most likely at 21.2%. That is up from 20.3% last week.
The third most likely outcome is a Republican President and House with a Democratic Senate. That likelihood is now only 14.4% down from 17.4% last week.
The probability of a divided government (where neither party has control of all three) is 82.0% down from 83.1%.
Both parties have a very small chance of sweeping all three with the Democrats now ahead of the Republicans at 9.2% to 8.9%.
Here is a look at the probabilities:
Click here fora state by state forecast of the Presidential elections
Click here for running list of forecast changes
Click here for results from last 5 Presidential elections
Follow me @2016ElectOdds for updates
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