Is Now The Best Time To Bet On Trump’s Re-election Bid?

  • Joe Biden has the shortest odds to win the US Presidential Election at -155.
  • President Donald Trump is listed at +125 odds to win the 2020 Presidential Election.
  • Joe Biden is favored despite not having a Vice President selected yet.

WASHINGTON – The 2020 US Presidential race is set to heat up as the final stretch of the campaign season gets underway before the November election.

Before the coronavirus pandemic hit in March, President Donald Trump was enjoying a comfortable lead over Democratic nominee Joe Biden at sportsbooks.

Trump’s slide down the odds board has been gradual but there were a couple of weeks in May where he was favored to win the Election at sportsbooks again. However, since that time its been all Biden at sportsbooks with political betting odds.

Biden is the current favorite at -155 but his odds have gone as long as -200 over the past couple of weeks. The change in Biden’s odds is more than likely because of his mulling over who will be his Vice President.

Over the past couple of weeks, Biden’s odds have regressed but not enough for Trump to overtake him at online sportsbooks.

Odds to Win the Presidential Election

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  • Joe Biden -155
  • Donald Trump +125
  • Hillary Clinton +10000
  • Michelle Obama +10000
  • Mike Pence +10000

Is Now The Best Time To Take Trump’s Re-Election Odds

Yes, now that President Trump seems to be firmly entrenched in the underdog role of the election odds now might be a good time to roll the dice on Trump’s +125 odds.

With the election season winding down, the only major event that could drastically shift the odds board are the Presidential debates. Other than that, there’s nothing that could make Biden the underdog again.

The election will still be too close to call especially considering the last election where Trump lost the popular vote but won the Electoral College. Something similar could happen in 2020 as Trump is still not a favorite among the majority of Americans.

As we get closer to the election, Trump’s odds are worth monitoring because he can still pull off the upset by winning the Electoral College thus making his +125 odds well worth the risk and if they get any longer, they’re still worthy of small wager.

The first 2020 Presidential debate will be September 29, in Cleveland. This will be one of the biggest events of the election season and the winner of this debate will likely see a major bump in their presidential odds.