US Presidential Election Odds: Biden And Trump Odds Swing After Tuesday at DNC
2020 US Presidential Election Betting Odds
Last night was a big night for both presidential candidates as they each saw their odds to win the 2020 Presidential Election increase.
Joe Biden, the Democratic nominee for president, came into Tuesday at -125 and woke up Wednesday with best odds of -133.
Meanwhile, President Trump's odds also shortened overnight. He went from Tuesday's best odds of +140 to +130 this morning.
|Candidate||Odds (UK Format)||Odds (US Format)||Implied Percentage Chance|
Joe Biden’s 2020 US Election Betting Odds
Biden first overtook President Trump in early June, as Trump's odds shortened following protests in response to the murder of George Floyd and the public's perception of his response to COVID-19.
Tuesday's shortening in odds for Biden most likely stemmed from his official nomination as the Democratic candidate for the President of the Unites States of America in the 2020 Presidential Election. It was a simple formality, but one that surely strengthened his chances in Novemeber, which are up to a 57.1% based on his best odds.
Donald Trump’s 2020 US Election Odds
Joe Biden spent June and July building a lead and began August with his odds as short as -162 before President Trump began to mount a bit of a comeback in the recent weeks.
As of August 4, Donald Trump's best odds to win the 2020 Presidential Election were +175, implying a 36.4% chance of a second term. Wednesday's +130 odds give him a 43.5% chance of doing so.
At this time in 2016, President Trump's implied probability of winning the election was 25.4%.
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.
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Brian is a sports journalist with close to ten years of experience in the business. A lifelong Philadelphia sports fan with a passion for all things sports gambling.