I still don't get how Bloomberg is 3rd favorite to get the nomination.
It more like Buttigieg and Warren's chances are decreasing down as Iowa approaches. And if those 2 withdraw, how would that impact the race. How I look at the odd, it clearly shows that it is a Biden and Sanders race. And Bloomberg is the biggest dark horse getting past the early stages. Where if Buttigieg and Warren can't win Iowa and New Hampshire, they would be irrelevant pretty soon. With 2 weeks to go, and no debate. Unless there is a huge scandal, the trajectory already set. And that trajectory is Buttigieg and Warren is fading in Iowa. With a loss in Iowa, their chance of New Hampshire will fall as well.