SCOTUS Closing Odds: Kavanaugh, Barrett or Hardiman?

Jul 09, 2018 2:33 PM EDT
  • President Donald Trump will announce his pick for the next Supreme Court Justice tonight at 9 p.m. ET.
  • Brett Kavanaugh — a White House lawyer under George W. Bush and a current U.S. Court of Appeals judge — closed as the favorite at +125.
  • Amy Coney Barrett, a U.S. Court of Appeals judge for the Seventh Circuit, closed with the second-best odds at +150.
  • Late sharp money hammered Thomas Hardiman, a U.S. Court of Appeals judge for the Third Circuit, pushing him from +2500 to +250.

Ever since Justice Anthony Kennedy announced his retirement on June 27, we’ve been tracking the odds on who will be the next Supreme Court Justice. The long wait is over. Tonight at 9 p.m. ET President Trump will make his announcement in a primetime address to the nation.

Early this morning, Bovada took the lines off the board. Here are the closing odds for every candidate.

As you can see, late sharp money hammered Thomas Hardiman over the weekend. Since Friday, he moved from +2500 to +250. This translates to an implied probability increase from 3.8% to 28.6%.

Brett Kavanaugh opened as the favorite (+175) and closed as the favorite (+125), although over the weekend his odds dipped from -130 to +125.

Amy Coney Barrett also improved over the final weekend, rising from +300 to +150. She closed with the second-best odds overall.

No one fell further than Raymond Kethledge. After steadily rising for two weeks straight, he seemingly fell out of the running, dipping from +130 to +600.

While Bovada has taken the lines off the board, 5Dimes is still posting candidate vs. field odds. Kavanaugh is a -260 favorite vs. the field. Hardiman is +160 and Barrett is +260.

At PredictIt, it appears to be a clear two-person race between Kavanaugh and Hardiman, with Kavanaugh the overall favorite. Barrett has tanked in recent days.

Smarkets gives Kavanaugh a 56.18% change of winning the nomination. Interestingly, Hardiman is only given an 8% chance and doesn’t appear among the top 3 most likely candidates.

What do you think?

Will you be tuning in tonight at 9 p.m. ET? Will Trump choose Kavanaugh? Is Barrett still the sharp play? Were you lucky enough to get down on Hardiman when he was +2500? Will Trump select a wild-card that no one is considering?

 

You can find me on Twitter @Josh_Insights.

Credit:

President Donald Trump. Credit: Larry McCormack/The Tennessean via USA TODAY NETWORK

Follow Josh Appelbaum on Twitter
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