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2020 US Election odds: Joe Biden Favorite To Win First Debate But 84% Of Bettors Back Donald Trump

Online bookmakers have installed Joe Biden as the favorite to win the first presidential debate
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2020 US Presidential Election Odds

Betting on the 2020 US Election has intensified over the last week and will continue to do so with less than two months to go until the big day. There are three head-to-head debates scheduled before the US Election on 3 November, these debates will all not only have big implications of the final result but will also create huge swings in the betting markets heading into the election date.

Joe Biden remains the favorite to win the 2020 US Election, however, his odds aren’t looking as pretty as they were just a month ago. On 4 August, Joe Biden’s US Election odds suggested he had a 61.9% chance of winning, today, his odds imply he only has a 52.4% chance of being victorious. However, in the last twenty-four-hours, 88% of the bookmakers listed on OddsChecker’s UK odds grid have cut his odds on winning the US Election, meaning his chances are on the rise. 

Donald Trump was the long-time favorite in the betting market, however, Trump’s odds now imply he only has a 45.5% chance of winning the 2020 US Election.

We will be posting regular updates on the 2020 US Election on our Facebook page, click here to follow. 

US Election Odds

1UK OddsUS OddsImplied Probability
Joe Biden10/11-11052.4%
Donald Trump6/5+12045.5%

First Presidential Election Debate Winner

 As mentioned, there are three US Election debates scheduled in the coming months, the first takes place in Cleveland on 29 September. Fox News Sunday host Chris Wallace will be serving as the moderator for the first debate. 

The general consensus has been that Donald Trump would outperform Joe Biden in the debates, however, online sportsbooks have installed Joe Biden as the favorite to win the first US Presidential Election debate. Bookmakers have given Joe Biden odds of -175 to win in Cleveland, which implies he has a 63.6% chance of doing so.

Donald Trump’s odds are potentially influenced by Chris Wallace being the moderator, which may unsettle a few Trump supporters following the grilling Wallace gave Trump in August on his handling of the coronavirus pandemic. Donald Trump’s odds suggest he has a 44.4% chance of winning the first debate.

Despite Joe Biden being the betting faovirte, online bettors are more interested in betting Trump. In the month to date, a massive 84% of bets have been placed on Donald Trump winning the first Presidential debate.

First Presidential Election Debate Odds

1UK OddsUS OddsImplied Probability
Joe Biden4/7-17563.6%
Donald Trump5/4+12544.4%

The betting market will be settled on CNN snap poll result.

Betting on the US Election

Betting on the US Election isn’t legal in the US yet despite online sports betting being legal in many states. See which bookmakers you can bet within your state here. All the data we use is from our UK website which has millions of users each month checking odds. 

As mentioned, online betting is legal in many states in the US and with the NFL season fast approaching it’s a great time to sign-up to our FREE mailing list to get all the latest betting insight.

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