With less than a day to go until voting closes in the US 2020 Presidential Election, oddsmakers have cut Donald Trump’s odds of winning Florida to the lowest they’ve been for over seven months.
2020 Presidential Election: Florida Odds
At time of writing, the odds of Florida voting red are down to -143 – put simply, this equates to a 58.82% implied probability. As expected, the Democrats have seen their price lengthen in response to +138, or 42.11% chance.
Much has been made in the media of Florida as a key battleground state in this election and bookmakers have agreed, with the equal odds on both parties winning for much of the year making the state virtually a pick ‘em.
Will Donald Trump win Florida?
However, it appears that in crunch time the oddsmakers have plumped for Trump, and bettors are following suit: 61.86% of bets placed on the Florida market in the past 12 hours have backed the Republicans, compared to just 38.14% for Biden’s Democrats.
OddsChecker spokesperson Pete Watt: “When the market opened back on 5th March 2020, the Republicans were installed as comfortable favorites with the odds back then suggesting a 70%-30% probability split in their favor.”
“However, things went steadily downhill from then and the Democrats became market favorites in the middle of June. Since then, we’ve essentially had parity in this market but with the end of the race on the horizon, Donald Trump appears to have edged ahead in a state that is vital to his re-election bid.”
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