Trump’s odds are the worst they’ve been since March 2019
Donald Trump’s odds of winning the US Election today plummeted to the worst they have been for over a year and a half as Joe Biden simultaneously saw his odds reach their all-time high.
Biden continues to widen the gap
As of this morning, Biden’s odds of being the next President of the United States stand at 4/9, indicative of a 69.25% chance.
Trump’s, by comparison, slipped to 2/1 which carries an implied chance of just 33.33%.
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As a result, Joe Biden’s chances of winning the election are now more than double those of the incumbent President for the very first time since the market opened.
The last time Trump’s odds were this poor was in March 2019 – but at that stage it was very much unconfirmed that Joe Biden would even attempt to secure the Democrat nomination.
Punters’ betting trends ahead of the election continue to remain consistent, with more individual bets on Trump – but more money staked on Biden.
Over the last week, Donald Trump has accumulated 58% of all bets through Oddschecker. However, in the same time period, 71% of all money staked backed Biden.
Oddschecker spokesperson Callum Wilson: “The closer we get to the 2020 US Election, the more likely a Democratic victory looks.
“A huge amount of betting interest remains in the market, with a whopping £121m already matched on the Betfair Exchange.”
“With Donald Trump's polling support dwindling, it's looking like only an almighty Joe Biden gaffe will see his numbers improve.”
- Joe Biden – 4/9 (69.2% chance)
- Donald Trump – 2/1 (34.8% chance)
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