Roy Moore's Democratic opponent Doug Jones now favored in Alabama election, PredictIt says

Ryan W. Miller | USA TODAY

Show Caption Hide Caption Moore: McConnell trying to 'steal this election' Republican Senate candidate Roy Moore says Senate Majority Leader Mitch McConnell is trying 'to steal this election' by calling for him to step down amid allegations of sexual misconduct decades ago. (Nov. 16)

Looking to make money off the Alabama special Senate election? Bettors think Roy Moore's Democratic opponent Doug Jones is now the safer gamble, according to the prediction market PredictIt on Thursday.

Traders on the website, where users can buy and sell shares in the outcomes of future events, are now paying 52 cents for a Jones win share that would pay $1 if he were elected and only 42 cents for a Moore victory.

Shares on the site are comparable to odds, meaning bettors think Jones has a 52% shot at taking the race and Moore has only a 42% chance.

Before The Washington Post published its initial report detailing multiple women's allegations that Moore groped or pursued them while they were teens and he was in his 30s, bettors on the site gave the Republican nominee as high as a 91% chance of winning. Moore's odds have since plummeted, dropping as low as 38%.

More: White House on Roy Moore: 'The people of Alabama should decide' his fate

As recently as Sunday, Moore still had a lead over Jones on PredictIt. By Monday the odds began to favor the Democrat. Both candidates have since trended upwards in the prediction market.

Voter polls still have Moore with a slight edge over Jones, though. According to RealClearPolitics' average of recent polls, Moore had just a 0.8% lead over Jones Thursday night.

With more accusers coming forward Wednesday, Moore has denied the accusations against him, and his attorneys have questioned parts of the allegations. Top GOP lawmakers, including Senate Majority Leader Mitch McConnell, have called for Moore to drop out. White House press secretary Sarah Huckabee Sanders would not say Thursday if President Trump thinks Moore should exit the race, adding "he thinks the people of Alabama" should decide.

More: White House on Roy Moore: 'The people of Alabama should decide' his fate

Related: Roy Moore attorney questions accuser's story, demands her yearbook

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