Betting on politics: the senatorial contest in West Virginia

Senator Joe Manchin will have a tough fight on his hands if he wants to get re-elected, says Matthew Partridge.

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Joe Manchin: ahead in polls
(Image credit: 2017 Getty Images)

Over the past week, thiscolumn has had twosuccesses and one failure. The victory of theSocial Democrats in the Swedish elections meant that both my tip to lay the Sweden Democrats, and my suggestion that you should bet on the Social Democrats to get most seats, paid off. It also briefly looked like my tipon Donald Trump visiting Ireland during his first term was also going to win. However, while it hasn't been definitively cancelled, itnow seems likely to bepostponed.

Six years on from thatupset victory, many people speculated that Manchin would have atough fight on his hands if he wanted to get re-elected. But his combination of populist economics and social conservatism has resonated enough for him to enjoy a comfortable lead against the Republican challenger, Patrick Morrisey. I think that Manchin is likely to hang on, so you should take Paddy Power's 8/13 (61.9%), on a Democratic victory in November.

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Dr Matthew Partridge
MoneyWeek Shares editor