Is Election Betting Odds

Donald trump odds to win 2020 presidency.

Is election betting odds. The theory goes if the betting public has skin in the game i e. Odds shift toward trump. Have wagered cash current political odds provide a more accurate snapshot of the state of the election.

The 77 year old is the former vice president of the united states. The return on the wager is higher. How accurate are the betting odds for the election.

Bet on 2020 us presidential election next president and choose among options like joe biden donald trump kamala harris mike pence tim kaine and more. For the 2020 presidential election donald trump is the odds on favorite on betting sites. Donald trump opened at even odds of 100 or even money.

This is because betting on the us presidential election underdog is seen as a more risky bet. On betfair exchange you can either back bet for or lay bet against any outcome. Election or any political race isn t legal in the united states these betting markets could be available in 2024 some guessing 2028 at the very latest.

Betfair reportedly took 564 million overall in presidential bets about twice the betting handle in the then record 2016 election. 7 20pm est on dec 13 2020 over 1 million bet. Trump was an underdog of 175 or so throughout the last week.

Democratic leader joe biden is the 1 80 favourite to become the next president of the united states of america. This means you would wager 150 to win 100. 6 8 30 am et consensus odds provided by vi subject to change.