The pundits and prognosticators are claiming the election is over.

But a pattern is re-emerging.

And it’s the same one that predicted the Brexit victory in the summer.

When the campaign to leave the European Union was taking shape, the prediction markets all made “remain” the favorite.

The majority of money was bet on the U.K. remaining in the European Union.

But the majority of the bets were placed on “Leave”.

Even though polls showed “Remain” would win, voters shocked observers around the world by deciding to leave the European Union.

And the same pattern is taking shape in the American election.

A British bookmaker has upped Donald Trump’s chances to win based on the same model of betting taking place – the majority of the money is on Hillary Clinton, while the lion’s share of the actual bets are on Trump.

The Independent reports:

“Bookmaker William Hill says 71 per cent of the money so far staked is for Democrat Hillary Clinton. But 65 per cent of the bets by number are for the controversial Republican.

That means a lot more punters are putting smaller bets on Trump, almost exactly the same pattern as was seen in the run up to the Brexit vote when the money was for Remain but the majority of bets were for Leave.

The bookie has cut the odds on a Trump victory from 11-2 to 4-1 over the past two days in response to a surge in bets for the reality TV star and businessman turned politician. 

It comes despite a campaign bedevilled and derailed by ugly accusations of sexual abuse on the part of Trump from a growing list of women, together with his claims that the election is somehow being “rigged”. 

William Hill’s spokesman and resident betting expert Graham Sharpe, an industry veteran of 44 years standing, said: “It’s very, very similar to the Brexit vote. There is a metropolitan media bias that says Trump can’t win, but they can’t vote. In betting terms, this is not a done deal. I see parallels with the Brexit vote at this stage.” 

 Mr Sharpe, the author of more than 25 books, mostly on the betting and racing industries, continued: “Some of the larger number of small bets on Trump can be explained by odds. When you have odds of 1-8 or 1-9 as you do on Clinton it’s not so interesting to the small punter. You tend to get bigger bets. We had one woman walk into a Northumbrian betting shop to stake £170,000 at 1-8 to win £21,250. She came in the next morning to stake another £13,200 to win £1467. She’d never placed a bet before but said she saw it as an investment.

“Trump at 4-1 or 11-2 will attract the smaller punters. But I don’t think that is only reason for the number of bets on him, and we have had to cut the odds on Trump three times in the last couple of days. This isn’t over.” 

On the stump, Trump has taken to comparing his campaign to the Brexit vote – which media pundits also predicted was a lost cause.

And Nigel Farage – the former leader of the UK Independence Party and an architect of the Brexit campaign – is supporting Trump and has helped him prep for the debate, as well as appeared with Trump on the campaign trail.

The polls currently show Clinton leading.

And while they aren’t “skewed” or “rigged”, they can sometimes be wrong.

The pollsters got the Brexit vote wrong.

The betting patterns showed that even though the smart set was for “Remain”, the people were voting with their money for “Leave”.

Will the same blueprint be followed in the U.S. Presidential election?