Sports Bettors: Joe Biden Favored Over Donald Trump In 2020 Presidential Election
Presumptive Democratic nominee Joe Biden continues is the betting favorite to win the 2020 presidential election, according to one sportsbook. The latest odds list the former vice president as nearly a 2-1 favorite over Donald Trump.
With 105 days remaining until the Nov. 3 election, Biden has -190 odds to win the race, according to BetOnline. The online sportsbook lists President Trump as a +160 underdog.
A bettor who believes Trump is going to win the election might see this as an opportunity to place a wager on the incumbent. A $10 bet on Trump at +160 would result in a $16 profit if he wins the election. If a bettor puts $10 on Biden to win the election at -190, the profit for a victory would be $5.26.
Trump says don't bet on his defeat,
“I don’t think I’m going to lose at all,” Trump told Fox News’ Chris Wallace in an interview that aired Sunday. “First of all, let me just tell you something: I know everyone wants to know that because they’d love to see me lose, finally.”
The odds have seen a massive shift over the last few months, Trump was the odds-on favorite to win a second term on March 25 with -120 odds. Biden was a +110 underdog.
On June 8, BetOnline named Biden the favorite with -140 odds. Trump became a +110 underdog.
If Trump does win re-election, he’s not expected to win the popular vote. He has +210 odds to win the electoral college and lose the popular vote. The odds of Trump winning both the electoral college and the popular vote are +350.
The most likely outcome, according to the odds (-165), is Trump losing both the electoral college and popular vote.
In the 2016 election, Democratic nominee Hillary Clinton received nearly 2.9 million more votes than Trump.
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