2020 US Presidential Election Odds: UK Oddsmakers Expecting Massive Voter Turnout for Tuesday's Election
We are now days, rather than weeks and months, away from the United States Presidential Election and with reports of enormous voter turnout pouring in from around the country, oddsmakers have been increasing the chances of a near-record showing.
This time last month, on 30th September, the odds of over 60% of Americans using their right to vote was +294 which, put simply, carried an implied chance of just 25.39%.
However, what has been an extremely polarizing election for the best part of 2020 has clearly engaged apathetic citizens, and there are reports of record-breaking turnouts rolling in from a number of states in the US.
As a result, the odds have slowly been lowering over the course of the month, and today, the odds of a 60%+ turnout now sit at -450, or an 81.83% chance.
The record participation of voters at a US Election since women were given the vote in 1925 came in the 1960 election between Kennedy and Nixon, where 62.8% went out and cast their ballot on election day.
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2020 Election Betting Insight & Predictions
OddsChecker spokesperson Pete Watt: “We have seen reports today that the number of voters in Texas has already surpassed the figure in 2016, and this is a trend that we’re likely to see across potentially dozens more states in the coming days.”
“This election feels like one of the most divisive in living memory and it seems that voters who have in the past been unconvinced by either party are now feeling compelled to do their civic duty.”
“This, combined with the fact that mail-in voting over a longer period of time has made the process much easier for millions of citizens, means that it is looking increasingly likely that the 2020 Election will be the most engaged in modern American history.”
Betting On The 2020 US Election Vegas Odds
US residents can't bet on politics just yet, however, online betting via your phone or laptop is legal in various states. Check out which bookmakers operate in your state here.
Even though you can't bet on the 2020 US Presidential election, you can still make a sizable chunk of money on the result. FanDuel and DraftKings are both running huge free-to-play games for next weeks election. All you have to do is enter your predictions to win a share of the gigantic prize pool.