{"id":154598,"date":"2020-11-06T08:44:33","date_gmt":"2020-11-06T16:44:33","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=154598"},"modified":"2020-11-06T09:29:50","modified_gmt":"2020-11-06T17:29:50","slug":"when-will-it-end-oddsmakers-trying-to-forecast-election-decision","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/when-will-it-end-oddsmakers-trying-to-forecast-election-decision\/","title":{"rendered":"When Will It End? Oddsmakers Trying to Forecast Election Decision"},"content":{"rendered":"

Oddsmakers have assumed a central role in forecasting the eventual result of the 2020 presidential election, and the latest lines suggest we could know today.<\/p>\n

\"Trump
Votes continue to be counted in Joe Biden’s favor, something that has President Donald Trump enraged. (Image: ABC News)<\/figcaption><\/figure>\n

The vast majority of pollsters once again got Election Day wrong. The pre-election polling average on Real Clear Politics <\/i>predicted an easy win for Democratic candidate Joe Biden, and some sort of blue wave. But on the night of November 3, it became evident that would not happen after President Donald Trump took Florida and Ohio.<\/p>\n

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The presidential election has not yet been called, but by current vote counts, Biden will become the 46th president of the United States. Trump’s camp has filed lawsuits across the nation, including in Pennsylvania, Michigan, Arizona, and Nevada, challenging the vote counting of mail-in ballots.<\/p>\n<\/div>\n

The Senate, as of now — though counts are consistently changing, largely in Democrats’ favor — appears likely to remain in GOP control. Republicans additionally picked up, not lost, seats in the House.<\/p>\n

End Prediction<\/b><\/h2>\n

The presidential legal saga could run for days, weeks, and possibly months. But PredictIt’s market<\/a> asking when the election will be decided is based on the timing of when CNN and Fox News make their calls.<\/p>\n

As of now, the odds favor the presidential election being called either today or tomorrow. Shares on November 6-7 being the date are trading at 86 cents.<\/p>\n

November 8-9 is next at 11 cents, and November 10-16 at six cents.<\/p>\n