2020 US Election: More Bets Placed on Texas Outcome Than Any Other State
With under a week to go until Election Day in the 2020 Presidential race, activity on the betting markets continues to increase and Texas is a market that is receiving huge attention.
In fact, more dollars have been wagered on whether Texas will vote blue or red than any other state in the country.
Ohio has proven the second-most popular market in terms of amount put down, followed by Georgia in third.
New Hampshire and North Carolina make up the top five, respectively.
Interestingly, the top three most bet on states are all considered to be territories where Republicans are favored but not certain to win, with the odds in all three suggesting about a 75%-25% probability of the GOP winning.
New Hampshire is the only state in the top five in which the odds heavily favor the Democrats, with the prices carrying an implied probability of 80% that Biden will win The Granite State.
North Carolina, by comparison, is one of three states – along with Arizona and Florida – which is virtually a pick ‘em.
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Oddschecker spokesperson Pete Watt: “It would be a big shock if Donald Trump were to lose any of Texas, Ohio and Georgia, let alone all of them.”
“However, it is in those states that bettors are seeing the best value in the market, and with bets set to increase in volume in the coming days it will be interesting to see if these five remain the most-wagered on come November 3rd.”
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