US Election 2020 odds: Donald Trump edges closer in the betting as punters desert Joe Biden

US Election 2020 odds: Donald Trump edges closer in the betting as punters desert Joe Biden

We take a look at the latest 2020 US Election betting

The US Election betting market is starting to see a plethora of activity, with the odds suggesting it is going to be extremely close. 

It is now just over a month away until the election, and the intensity is only rising. 

Joe Biden is just ahead at the moment according to the odds, currently a best price of 5/6.

Compared to the current POTUS, Trump, who is 21/20 to be re-elected.  

However, oddschecker users are siding with Trump. 

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Indeed, the 74-year-old has taken 55% of bets in the market in the last seven days on oddschecker.

Biden has only taken 40% in comparison. 

The other 5% of the market is made up of tiny amounts of interest of a number of candidates still currently with odds. 

The betting markets are far tighter than the current polls suggest, who have Biden well ahead of Trump at this moment in time. 

The swing state polls are also in favour of Biden, but as we saw in the 2016 election, the polling can be wrong. 

We are just a week away from the first presidential debate, which takes place on the 29th of this month.

There are then two more scheduled on the 15th and 22nd of October. 

It will be fascinating to see how the betting market reacts to these debates. Could Biden strengthen his position in the betting market, or will Trump manage to make things even tighter?