It’s not just PredictIt bettors who feel Biden’s odds of becoming the next Commander-in-Chief are bettering. While no state in the US with legal sports betting presently allows oddsmakers to take bets on political outcomes, in the UK it’s commonplace.<\/p>\n
The UK books all had Trump favored prior to the COVID-19 pandemic. But over the past several months, Biden has emerged as the front-runner. His odds have further shortened during this week’s Democratic National Convention.<\/p>\n
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With Biden officially accepting his party’s nomination, William Hill shortened his odds of winning on November 3 from 4\/5 (-125) to 8\/11 (-138). The slight change implies a winning chance adjustment of 55.56 percent to 57.89 percent.\u00a0 \u00a0<\/span><\/strong><\/p>\n<\/div>\nTrump’s odds are at +115, an implied chance 46.51 percent.<\/p>\n
Battleground States<\/b><\/h2>\n
The US presidency is expected to once again come down to several key swing states. Real Clear Politics <\/i>believes there are 17 states up for grabs that will determine the election: Wisconsin, Florida, Pennsylvania, Michigan, North Carolina, Arizona, Minnesota, Iowa, Nevada, New Hampshire, Texas, Colorado, New Mexico, Georgia, Virginia, Maine, and Ohio.<\/p>\n\n
On PredictIt, Biden is leading in 13 of those states — Florida, Arizona, Pennsylvania, Michigan, Wisconsin, Minnesota, Virginia, North Carolina, New Hampshire, Colorado, New Mexico, Nevada, and Maine. Trump is leading in just four — Texas, Ohio, Iowa, and Georgia.<\/p>\n<\/div>\n
The RCP <\/i>polling average generally agrees with PredictIt bettors. But with two exceptions. pollsters have Trump with a small lead in North Carolina, and Biden a small edge in Ohio.<\/p>\n
Smarkets, another political betting exchange, has odds on when the presidential winner will be declared. The favorite is November 4 at -225. Other options are November 9 or later (+450), November 5-8 (+460), and November 3 (+500).<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"Former Vice President Joe Biden is no longer the “presumptive” nominee for the Democratic Party to take on President Donald Trump this November. On Tuesday, Democrats made it official: the 77-year-old is their man to challenge Trump. And if political bettors and oddsmakers have the race right, the party is making a solid bet. The […]<\/p>\n","protected":false},"author":25,"featured_media":145507,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20,61],"tags":[],"acf":[],"yoast_head":"\n
Joe Biden Loses 'Presumptive' Tag, Increases 2020 Betting Lead<\/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