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A Manhattan jury has convicted Donald Trump on all 34 felony counts of falsifying business records in his New York hush money trial.
The court's decision has quickly impacted the 2024 Presidential Election odds.
BetOnline.ag moved Trump from a -165 favorite earlier today down to -120.
Conversely, Joe Biden's chances of being re-elected improved from +130 to +110.
We should note that just a few weeks ago both candidates were tied at -110 apiece.
Trump became the first former president to be convicted of felony crimes Thursday as a New York jury found him guilty of falsifying business records in a scheme to illegally influence the 2016 election through hush money payments to a porn actor who said the two had sex.
Manhattan District Attorney Alvin Bragg, a Democrat, spoke after the verdict.
“The 12 everyday jurors vowed to make a decision based on the evidence and the law, and the evidence and the law alone. Their deliberations led them to a unanimous conclusion beyond a reasonable doubt that the defendant Donald J. Trump is guilty of 34 counts of falsifying business records in the first degree, to conceal a scheme to corrupt the 2016 election,” he said.
Judge Juan Merchan set Trump’s sentencing date for July 11, 2024, at 10 a.m, just days before the start of the Republican National Convention in Milwaukee.
2024 Presidential Election Odds
Donald Trump Sr. 5/6 (-120)
Joe Biden 11/10 (+110)
Michelle Obama 18/1
Robert F. Kennedy Jr. 30/1
Nikki Haley 33/1
Gavin Newsom 40/1
Kamala Harris 50/1
Ron DeSantis 50/1
Gretchen Whitmer 100/1
Hillary Clinton 150/1
Jamie Dimon 250/1
Mark Cuban 250/1
Liz Cheney 500/1
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