US Presidential Election Odds: Trump Gaining On Biden, Now As Close As It's Been In 2 Months

The latest US Presidential betting data shows that Bidens lead is beginning to slip
Samuel Farley
Mon, August 17, 4:32 PM

2020 US Presidential Election Betting Odds

It was expected by many commentators that Joe Biden's decision to put Kamala Harris on his ticket would increase his chances of winning November's election. Likewise, the current stories around the US Postal Service might also have been expected to hurt Trump, but it seems like it's not impacting his popularity at all.

Biden's odds have continued to get longer, as Trump's have shortened. As of this morning, Trump has an implied probability of 41.70% that he'll win the election, with Biden at 55.60%. Biden has slipped from 62.97% less than three weeks ago, whilst Trump has climbed from 36.40% in the same timeframe.

It also marks the closest the contest has been since June 20th, nearly two months ago.

Candidate

Odds (UK Format)

Odds (US Format)

Implied Percentage Chance

Joe Biden

4/5

-125

55.6%

Donald Trump

7/5

+140

41.7%

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Joe Biden’s 2020 US Election Betting Odds

As mentioned, Joe Biden's odds are slipping, and at a concerning rate for his team. In just three weeks he's now 7% less likely to win the election, if this trend continues then you could expect the pair level in the betting by the end of the first week in September, making this a pick'em, with just two months to go.

Donald Trump’s 2020 US Election Odds

Donald Trump has been surging and is now 5% more likely to be re-elected than he was midway through July. If this trend continues then he has a very strong chance of winning a second-term. It's worth noting that bookmakers are a lot more confident in Trump now than at this stage of his previous campaign. 

The graph below compares Donald Trump’s 2016 Election odds against his 2020 Election odds.

2020 US Election Betting

Online sports betting is legal in various states in the United States, however, unfortunately you can’t legally bet politics. Our data is based on UK betting trends. Even though, it’s the US election, it will be one of the biggest betting events not only in the UK but globally.

Find our which US bookmakers operate in your state

Even though you can’t legally bet on politics, US residents can still play Draftkings $100,000 fantasy game, and try and predict the outcomes of various events to win the top prize. Click the link below to find out more.

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