US Presidential Election Odds: Bookmakers Can't Split Trump And Biden
If the bookmakers across the pond are anything to go by, we’ll have the closest US Election in many years. As of today, Donald Trump and Joe Biden are 10/11 (-110) joint-favorites for November's historic election.
For many months in 2019 and early 2020 Donald Trump was a heavy favorite to get four more years, but that turned on it's head after the outbreak of COVID-19. After securing the Democratic seat, Joe Biden took over as betting favorite in May and he's been seen as the front runner for the last four months with the oddsmakers. Now, however, they're in deadlock and can't be separated in the betting market.
US Election Odds
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2020 US Election Betting Data
Trump supporters will find comfort in the number of people backing the current President to defeat Joe Biden. Just over 58% of all bets placed on the 2020 US Election market in August were placed on Donald Trump, which is his highest market share since May. While so far in September he's still been the most popular with bettors with 55.8% of bets, but as you can see it's extremely close.
How reliable are the odds markets?
OddsChecker has been used as a reference point by major publications around the world including the BBC, Forbes, Washington Examiner plus many more. Despite sports betting being legal in many US states, betting on political markets isn’t. However, despite being a US event, the 2020 US Election will still be one of the biggest betting events in the world. There has been over £70.3 million wagered on the 2020 US Election with one of OddsChecker UK’s partners alone.
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