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Of course the media is biased and favors the frontrunners
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At this point it's not just frontrunners --- it's anyone who has a chance in hell. Paul doesn't.
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The sportsbooks seem to disagree with you. I've seen him anywhere from 15-1 to 7-1 against. My wife mentioned seeing 5-1 against, but I haven't been able to find that.
sportsbook.com has him at 15-1.
http://www.sportsbook.com/sportsbook/livelines.php
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Speaking strictly objectively here, these odds aren't reflective of any actual market-derived price. Sportsbook.com and other online bookmakers make money off of these because they pay out much lower than the actual odds. You can't take the other side of the bet at 1:15, for example.
I'd guess the best source would the be the political futures markets bookmaker places, about which I know nothing. Maybe someone else can chime in.