Biden has enjoyed a mini resurgence in the market
As we edge closer and closer to November 3rd, betting on the US Presidential Election is really starting to kick into gear.
Donald Trump improved his chances dramatically over the last two months, although money has cooled on the current POTUS in the last 48 hours.
Joe Biden has been the punters’ pick in that time period, trimming his odds in from 4/5 into as short as 8/11 to win the election race.
The best price of 10/13 is still available with one firm.
On the other side, Trump’s odds have drifted slightly over the last few days, from 11/10 out to 6/5.
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In layman’s terms, that means bookies are predicting a 56% implied probability chance that Biden wins and a 45.5% chance for Trump.
Kamala Harris remains 100/1 third favourite in the market, although is available at as short as 50/1 with multiple firms.
Oddschecker spokesperson Callum Wilson: “In a market that punters cannot get enough of, it appears that the Trump train may be starting to derail.
“Trump enjoyed a resurgence in the market over the last few months, enjoying the majority of bets.
“However, hitting the headlines over tax payments is never ideal PR - and punters have returned to Biden again - for the short term at least.”
US Presidential Election 2020:
- Joe Biden – 10/13
- Donald Trump – 6/5
- Kamala Harris – 100/1
- Hilary Clinton – 250/1
