Michael Bloomberg surges to 2nd place in the betting markets

Michael Bloomberg.
(Image credit: Bill Pugliano/Getty Images)

Americans may not be betting on Michael Bloomberg yet, but betting markets still think he's got a chance.

The former New York City mayor has totally leapfrogged former Vice President Joe Biden in an average of betting markets, RealClearPolitics' average shows. Bloomberg has a 19 percent chance of winning, per ElectionBettingOdds.com, while PredictIt's betting market gives Bloomberg a 23-cent "yes" price to Sen. Bernie Sanders' (I-Vt.) 43 cents.

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Kathryn Krawczyk

Kathryn is a graduate of Syracuse University, with degrees in magazine journalism and information technology, along with hours to earn another degree after working at SU's independent paper The Daily Orange. She's currently recovering from a horse addiction while living in New York City, and likes to share her extremely dry sense of humor on Twitter.