The odds of Kamala Harris being put on Joe Biden’s ticket as Democratic vice-president have tumbled this morning after a photograph of Biden’s notes appeared to suggest he favored her.
The odds were shortened from +135 last night to as short as -200 this morning. In simple terms, this suggests that her implied probability of being the Democratic VP nominee have risen from 42.55% to 66.67%.
The news has not only shortened Harris’ odds, but lengthened those of her rivals; Susan Rice’s odds slipped from +225 to +350, whilst Tammy Duckworth’s price went from +800 to +1200.
Elizabeth Warren and Val Demings, meanwhile, appear to be fading from contention with odds of +1600 and +2200; indicating an implied chance of just 5.88% and 4.35% respectively.
Democrat VP Nominee Odds
|Candidate||UK Odds (Best odds available)||Implied Probability|
Democrat VP Nominee Betting
In the last twenty-four hours, Kamala Harris has dominated the Democratic VP betting market, she has accounted for just over 62% of all bets placed in the market. Susan Rice has been the second most backed candidate, she's been responsible for 13% of all bets in the same period.
July's betting patterns paint a very similar story, Kamala Harris has accounted for 39% of all bets in the Democratic VP market in the month. This is considerably higher than any other candidate in the market, Susan Rice is again second with 16.9% of bets.
Michelle Obama's VP Odds
There have been plenty of rumours over the last few months surrounding Michelle Obama becoming Joe Biden's running mate. However, in recent weeks her Democratic VP odds have tumbled. In early May, Obama's odds suggested she had a 10% chance of becoming the Democratic VP. However, the betting market now indicates she only has a 2.8% chance.
Michelle Obama has accounted for 9% of all bets placed in the Democratic VP betting market in 2020, which makes her the second most wagered candidate behind Kamala Harris.
Betting on the Democratic VP
Unfortunately, betting on politics in the US hasn't been legalised, and is unlikely to become available before the US Election. However, legal online operators are taking bets on all major sports, see which bookmakers are available in your location.
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