Following Monday night's first televised election debate, Hillary Clinton's odds of becoming the next President of the United States have been cut by Ladbrokes.

The New York debate saw Democratic presidential nominee Mrs Clinton and Republican presidential nominee Donald Trump clash over race, the Iraq War and jobs in a feisty 90-minute televised showdown, and political punters appear to believe Clinton won on the night.

Following the TV debate, the Democrat has seen her price contract significantly into 4/9 (from 8/13) with Ladbrokes, who on Tuesday reported "sustained support", which includes a £5,000 wager placed during the early hours of Tuesday morning.

Meanwhile, Trump's odds have drifted out to 7/4, which equates roughly to a 34% chance of entering the White House, having dropped from 42% prior to the duel.

Ladbrokes spokesperson Jessica Bridge told BetOnPolitics.co.uk: "The market has moved heavily in favour of Clinton and high-staking punters are back throwing their weight behind the Democratic candidate."

Ladbrokes latest betting - 2016 US Presidential Election
Hillary Clinton 4/9
Donald Trump 7/4