US Election Odds: Democrats Slowly But Surely Close The Gap In Florida
Oddsmakers' have priced up all 50 states for the 2020 US Election, with bettors able to place wagers on whether individual states will vote red or blue.
At the time of writing, Florida is the most difficult state for the oddsmakers' to call, with the current prices indicating almost a 50/50 split down the middle:
Current odds of winning Florida in the 2020 Election
Republicans: -110 (implied probability of 52.38%)
Democrats: +110 (implied probability of 50.00%)
However, things have not always been this close in the Sunshine State. When this market was first opened at the beginning of March, the GOP had a healthy lead, with odds of -225 (69.25%) compared to the Dems on +163 (38.10%).
Since then, the books have steadily begun to favor the Democrats and it might not be long before Florida is favorite to vote blue on November 3rd.