- Democratic Nominee Joe Biden is now a -200 favorite to win the 2020 US Presidential Election.
- Since President Trump announced that he tested positive for COVID-19 his odds to win the Presidency have become longer.
- President Donald Trump has +170 odds to win his bid for re-election.
WASHINGTON D.C. — The 2020 US Presidential Election has reached the final stretch of the campaign season as we are now a little less than one month away from finding out if Donald Trump or Joe Biden will be the US President for the next four years.
25 days. Let’s win this thing.
— Joe Biden (@JoeBiden) October 9, 2020
The race to the White House this year has been a bit different from previous elections, as the on-going COVID-19 pandemic has even claimed President Trump as a victim. Although it appears as if the President has miraculously beat the virus and is back on the campaign trail.
TO MY FAVORITE PEOPLE IN THE WORLD! pic.twitter.com/38DbQtUxEu
— Donald J. Trump (@realDonaldTrump) October 8, 2020
Despite Democratic Party nominee Joe Biden has extended his lead on President Trump not only in the polls after the Presidential and Vice Presidential debates but at online sportsbooks too.
Odds to Win 2020 US Presidential Election
- Joe Biden -200
- Donald Trump +170
- Mike Pence +3300
- Kamala Harris +6600
- Joanne Marie Jorgensen +50000
The Debates Effects on US Presidential Odds
The VP debate, in particular, might’ve been the most damaging to President Trump’s betting odds as before the debate his odds of remaining in the White House were at +151, now Trump’s odds sit at +170.
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Trump’s odds sliding after debates is nothing new, after the first Presidential debate Trump’s odds faded from +129 to +148.
Based on 2016, political bettors know that despite the longer odds Trump could still pull off the victory on Election Day. His slide at sportsbooks will likely bring home a better return now than betting on the President later in the election season.
Unlike the Trump campaign, Democratic nominees Joe Biden and Kamala Harris have benefited greatly from the debates at bookies.
After each debate, the Biden-Harris campaign saw odds to win the White House become shorter, as Biden’s odds improved from -129 to -148. After the Kamala Harris’ performance in the VP debate, Biden’s odds to capture the presidency have improved even more to -200.
If Biden and Harris can continue to shed light on the differences between their administration and the current one, they could very well win the Election.
While Biden has extended his lead, there is still time for these Presidential Election odds to change as there are two more Presidential debates planned and with 25 more days to go till Election Day.
There is still a lot that can go right or wrong for both political parties.
As a professional sports writer, Robert has written for outlets such as the FAMUAN and other sports-centric platforms. He focuses mainly on NFL and NBA betting, though he keeps tabs on every major sport.
