Why the winner of the Toronto election is literally anyone’s bet

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Why the winner of the Toronto election is literally anyone’s bet
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With five weeks left in Toronto's mayoral election, the race is starting to get a little more interesting — and garnering more interest for that matter.

, the race is starting to get a little more interesting — and garnering more interest for that matter.

Mark Saunders, who did not take part in the debate due to a conflict, dropped from 12 to 10 per cent support according to the poll, which surveyed 1,125 voters by phone May 16-17 and has a margin of error of +/- 2.9 per cent, 19 times out of 20. Josh Matlow stood in third spot, with 14 per cent support.

But anyone trying to read the tea leaves on the election from the FanDuel odds would be wise to use caution. “You can take data from polls, previous elections, sentiment within the community, trader opinion, as well as news stories, to determine the probability of a candidate winning, and then turn that into a numerical figure that a person can bet on,” company says.

He says “the beauty of political markets” is that they move much more than sports markets ever could hope to because traders don't know as much about politics as they do about sports.”

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