Online bettors rushed to back Donald Trump during the final debate with Joe Biden.
- Donald Trump's odds to win the US election moved favourably during the lively final debate with Joe Biden, with bettors keen to back the current POTUS.
- Trump again has narrowed Biden's lead in the odds following the debate in Nashville.
Bookmakers Cut Donald Trump's Odds During Presidential Debate
Joe Biden headed into the final debate as the overwhelming favourite to score a victory, his final debate odds (1/6) implied he had an 85.69% chance of coming out on top in Tennessee. Donald Trump's final debate odds only implied he had a 36.4% of winning the debate.
The muted microphones during the debate had a significant impact on proceedings. The opening exchanges were a lot more civil compared to the chaotic arguing witnessed in the first election debate. Both candidates were asked about future plans to handle the coronavirus pandemic, which was swiftly followed by discussions on reports suggesting Iran and Russia are impacting the November election. As expected it didn't take long before both Donald Trump and Joe Biden started to point fingers regarding relations overseas.
Bookmakers started to cut Donald Trump's odd when conversations developed on how both candidates would handle relations with China. Six bookies offering a market on Oddschecker (35%) cut Donald Trump's odds following the segment on China.
By the time Donald Trump and Joe Biden got round to discussing the minimum wage, 65% of bookmakers had already cut Donald Trump's odds of winning the election.
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2020 US Presidential Election Odds & Betting
|Odds||Implied % Chance||% Of Bets During Debate|
2020 US Election Odds: Pre-Debate
Joe Biden was the overwhelming favorite to win the 2020 election before tonight's debate in Tennessee. Joe Biden's odds sat at 1/2 a couple of hours ago, which implied Biden had a 66.7% chance of becoming the next POTUS.
Donald Trump's odds drifted following the New York Times report earlier in the week when, following the release, Trump's odds dropped to 15/8. Pre-debate, Trump's odds implied he had a 34.8% chance of winning the 2020 election.
In the time leading up to the final debate, Donald Trump dominated the betting on the 2020 election. Trump accounted for 62.8% of bets, compared to just 33.1% on Joe Biden.
2020 US Presidential Election: Post-Debate Odds
Despite various bookmakers cutting the odds on Donald Trump winning the 2020 US election, the current President can still be backed at 9/5, which is now only available at one bookmaker (Spreadex), compared to three bookies at 15/8 pre-debate.
Only one bookmaker pre-debate had Joe Biden's odds at 1/2, whereas there are now six bookmakers showcasing this price.
During the debate, a massive 73% of bets were placed on Donald Trump winning the 2020 election, with just 25% placed on Joe Biden. The remaining 2% was made up of more speculative bets on Mike Pence and Kamala Harris.
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