US election prediction: Bookies give Trump lowest chance of winning in 2020

Joe Biden continues to pull ahead of Donald Trump at the bookmakers, following the re-opening of the market by UK bookmakers.

Joe Biden's odds continue to shorten

We reported on Tuesday (06/10/200) that Biden’s odds had been cut into 4/7, and bookies have cut that further this morning into 13/25.  

That’s a change in likelihood of 63.6% that Biden wins, to a 65.8% chance on offer at 888Sport.

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On the flip side, Trump’s chances of winning re-election continue to head in the wrong direction, from 13/8 earlier this week out to 15/8 this morning.  

In percentage terms, that’s a drop from a 38.1% chance of winning the election, compared to the 34.8% implied probability now being offered by one firm. That marks the worst his odds have been in 2020, with the previous low of 33.3% back on 20/03/19.

Trump is still attracting more individual bets

Although stakes are strongly in favour of Biden, oddschecker data shows that even as the odds tumble on Biden, Trump is still attracting a higher percentage of bets.

In the last seven days, Trump has accounted for 52.8% of all bets in the market, despite 81% of the money staked being placed on Biden.  

The Democrats remain in a strong position to win the US House of Representative elections at 1/6, with the Republicans underdogs at 4/1.  

Oddschecker spokesperson Callum Wilson: "This morning marks Trump's lowest chance of winning the 2020 presidential election since back in February, 2019."

"The weight of money has been for Joe Biden in our US election market recently, though there have been more individual bets on Donald Trump. 

"The market is only going one way at the moment, but plenty of smaller-stakes punters are seeing the potential value in Trump's price and hoping for a repeat of 2016."

US Presidential Election 2020 odds

• Joe Biden – 13/25 (65.8% chance)
• Donald Trump – 15/8 (34.8% chance)