Following the co-leaders, Buttigieg is third at 19 cents. Sanders and Bloomberg are next at 15 cents.<\/p>\n
Sanders didn’t hold back in expressing to Bloomberg that the 2020 race doesn’t need another billionaire.<\/p>\n
\nWe do not believe that billionaires have the right to buy elections. That is why multibillionaires like Michael Bloomberg are not going to get very far in this election,” the Vermont politician declared.<\/p>\n<\/blockquote>\n
Bloomberg’s campaign is preparing to spend up to $20 million in five battleground states to register voters in an effort to weaken Trump’s reelection chances. Bloomberg has earlier said he’s willing to spend up to $500 million to defeat the president.<\/p>\n
Odds vs. Polls<\/b><\/h2>\n
It’s again the key question on political experts’ minds: what’s to be more trusted, the polls or betting markets?<\/p>\n
On PredictIt, Biden and Warren are neck-and-neck for the 2020 Democratic ticket. That’s also true at overseas sportsbooks in the UK, where betting on politics is legal. Bookmaker William Hill has Biden at +250, and Warren +300. Bloomberg is +1000.<\/p>\n
However, the 2020 national Democratic presidential nomination polling average at Real Clear Politics <\/i>has Biden with an extensive 10.5-point lead. The former VP is at 29.8 percent, followed by Sanders (19.3), Warren (18.5), Buttigieg (7.8), and California Sen. Kamala Harris fifth at (4.0). Bloomberg is distant at just 2.3.<\/p>\n","protected":false},"excerpt":{"rendered":"
The official entry of Michael Bloomberg into the 2020 presidential race is unsettling the political betting odds on which candidate will secure the Democratic Party’s nomination to take on incumbent President Donald Trump. Worth roughly $50 billion \u2013 making him the 11th richest person in the world \u2013 Bloomberg has been mulling a run for […]<\/p>\n","protected":false},"author":25,"featured_media":120571,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[19853,61],"tags":[],"acf":[],"yoast_head":"\n
Michael Bloomberg 'All In' for 2020, Entry Shakes Up Political Betting Odds<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n