Trump Loses Nomination Favorite Tag to Rubio, Ladbrokes Says
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Billionaire Donald Trump lost the tag of favorite in the race for the Republican presidential nomination, Ladbrokes Plc said, after suffering a surprise loss in Monday’s Iowa caucuses.
Trump’s odds widened to 11/4, a 26 percent chance, from 10/11, 52 percent, Ladbokes said in an e-mailed statement on Tuesday in London. Senator Marco Rubio of Florida is the new favorite to win the nomination, Ladbrokes said.