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2020 US Presidential Election Odds Update: 58% Chance Donald Trump Wins Election

The betting market has levelled out but Donald Trump's still holds a narrow lead in the market.
Sam Eaton
Wed, November 4, 5:47 AM

2020 US Presidential Election Odds Update: 58% Chance Donald Trump Wins Election

After a chaotic election night the betting market is considerably closer than it was back in 2016. Around this time in 2016, Hillary Clinton's odds surged out to +2300, which implied she only had a 4.3% chance of winning the election. 

An hour ago the US election looked very one-sided, as the sportsbooks had Donald Trump's odds set at -225, which implied he had a 69.2% chance of winning. Joe Biden has clawed his way back into the election race over since then, his odds have improved from +210 to +120. Which implies Joe Biden's chance of winning the 2020 US Election has moved from 32.3% to 45.5% chance in the last couple of hours.

It's a positive shift for Joe Biden fans, but is still a long way from the 65.2% chance online sportsbooks gave Joe Biden yesterday

2020 US Election Odds

 

US Odds

UK Odds

Implied % Chance

Donald Trump

-137

8/11

57.9%

Joe Biden

+120

6/5

45.5%

2020 US Presidential Election Betting Update 

In the last hour, 66% of wagers placed in the 2020 US Election odds market have been put on Donald Trump. However, 74% of the money wagered in that time period has been on Joe Biden winning. The five biggest bets OddsChecker witnessed in October were all on Joe Biden, and appears a few of these 'high rollers' have opted to back Joe Biden at bigger odds in the early hours of today. 

Just over $514 million has been wagered on the 2020 US Election, which has absolutely smashed the record set for the biggest betting event in history, which was previously the 2016 US election. 

2020 US Election Key State Odds: Pennsylvania State Odds

The Republicans are the favorites to win in Pennsylvania, the current odds imply Tump's got a 58% chance of winning the state. 

Pennsylvania State Odds

 

US Odds

UK Odds

Implied % Chance

Republicans

-137

8/11

57.9%

Democratic

+150

6/4

40%

 

2020 US Election Key State Odds: Wisconsin State Odds

Wisconsin betting market is wide open, currently, the Democrats have a 60% chance of winning the state, but those odds are slowly lengthening. 

Wisconsin State Odds

 

US Odds

UK Odds

Implied % Chance

Republicans

+120

6/5

45.5%

Democratic

-150

4/6

60%

 

2020 US Election Key State Odds: Georgia State Odds

The Republicans look set to secure Georgia, their odds currently imply a 67% chance of winning the state. 

Georgia State Odds

 

US Odds

UK Odds

Implied % Chance

Republicans

-200

1/2

66.7%

Democratic

+257

18/7

28%

How Donald Trump's Odds Have Changed On Election Day 

Below you will see Donald Trump's 2020 election odds and the implied percentage of these odds. 

10am +162 (38%)
1am +187 (35%)
2pm +188 (35%)
1pm +215 (32%)
2pm +200 (33%)
3pm +210 (32%)
4pm +200 (33%)
5pm +200 (33%)
6pm +200 (33%)
7pm +200 (33%)
8pm +140 (42%)
9pm -126 (44%)
10pm -127 (56%)
11pm -223 (69%)

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2020 US Election: Betting On The Election

Good news! Online sports betting is legal in various states in the US. Bookmakers like DraftKings and FanDuel operate in these states! Click here to find the best betting offers from the biggest sportsbooks operating in your state.

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