Who Is Favored To Win The 2020 Election

 
Win
  • Biden's odds lead well ahead of President Trump
  • The second presidential debate will be held Thursday night in Nashville
  • National polling favors Biden, but Trump closing gap at some media outlets

According to the U.S. Election Project, nearly 40 million Americans have voted early. To put that in perspective, those 40-million-or-so votes account for 28.8% of the TOTAL votes counted in the entire 2016 presidential election. If we wanted to read into those proverbial tea leaves, a rush to vote early has historically not favored the incumbent. A rush to vote early indicate an eagerness for change and/or to avoid the chaos and long lines that await on election day, November 3. So, it should come as no surprise that Joe Biden’s and President Donald Trump’s odds to win the 2020 election remain relatively unchanged over the past few days. At Bovada, Biden’s odds are -165, or an implied probability of 62.26%, while President Trump’s odds are +125.

News Politics US presidential election polls 2020: will Trump win vs Joe Biden? The latest predictions according to opinion polls and bookies’ odds Donald Trump is well behind Joe Biden in. 2020 election: The polls show Biden is a clear favorite 100 days out from an unprecedented election Believe it or not, we're now 100 days and 15 hours from the 2020 election. Presidential election is less than two months away, and Democratic candidate Joe Biden has increased his lead in the polls and various sportsbooks abroad. And some believe that online betting markets are better to forecast who will win on November 3.

2020 U.S. Election Betting OddsOnline Sportsbook (10/21/20)Online Sportsbook (10/14/20)
CandidateBovadaBetOnline
Donald Trump +125 (Last week +170)N/A (Last week +180)
Joe Biden -165 (Last week -200)N/A (Last week -226)

2020 U.S. Election Odds: Second Presidential Debate Props

Who Is Favored To Win The 2020 Election Turnout

The first presidential debate was chaos. The second debate was cancelled. The third debate, to be held tomorrow night, October 22, at 9 p.m. ET, will feature a mute button. It will also be hosted by Belmont University in Nashville, Tennessee with NBC News’ Kristen Welker acting as moderator. Studies have shown, she’ll have her hands full keeping President Trump and Joe Biden on topic and focused.

Our good friends at Bovada have cooked up some entertaining presidential debate prop bet odds for tomorrow night’s festivities. Some of the more amusing props on the board are:

  • What will Trump and Biden say first?
  • Will the first or second presidential debate have better ratings?
  • Whose microphone will be muted first?
  • Will either candidate mention Twitter during the debate?

All the latest prop bet odds can be found at Bovada.

8, 2020: Joe Biden opened as the +675 second-favorite to win the 2024 election, trailing his Vice President, Kamala Harris (+425). 2024 Election Odds Odds as of March 1st, 2021. 2024 Presidential Odds – Longshots.

2020 U.S. Election Odds: Poll Positions

Two weeks ago, Biden had a 12-point lead in Rasmussen Report’s White House Watch weekly poll. As of October 21, President Trump has trimmed his challenger’s lead to just 3 points, 49-46. The conservative-leading polling outlet also released Trump’s daily approval index rating, which was up to negative-5 (-5), which is the highest its been since September 25.

Biden’s national polling lead remains double digits at FiveThirtyEight.

One area that will be of great interest to those wagering on the 2020 presidential race are the results of battleground states. For those unfamiliar, battleground states are those that a) offer a large number of electoral votes 2) are typically 50/50 split between Democratic and Republican voters. While Biden holds a lead in CNBC/Change Research’s poll of the top six swing states, the +/- margin of error keeps Trump’s changes well within range.

  • Arizona: Biden leads 51-45
  • Florida: Biden leads 50-45
  • Michigan: Biden leads 51-44
  • North Carolina: Biden leads 50-47
  • Pennsylvania: Biden leads 49-47
  • Wisconsin: Biden leads 52-45

In the lead up to November 3, Gamble Online will publish weekly 2020 U.S. election betting coverage with the latest polling news and updated betting odds. If you’re interested in learning more about how to bet on the 2020 United States election or are interested in learning more about the online sportsbooks that offer political odds and unique prop bets, be sure to check out our new expert 2020 election guide.

The latest 2024 presidential election odds show Vice President Kamala Harris as the front-runner over President Joe Biden and former President Donald Trump at most European sportsbooks. For instance, Harris is +350 to win in 2024 at Bet365, with Biden at +400 and Trump at +600.

The thinking is that Biden may opt to let Harris take the reigns in the next Presidential election cycle, due to the fact that Biden will be 81-years-old three years from now.

The first deciding events are the Iowa caucuses and the New Hampshire primary, which usually take place in February. Although the winners of these party-specific races aren’t necessarily shoe-ins for their party’s nominations, the results of these events can impact the odds greatly.

By the time Iowans and New Hampshirites gather to make their decisions, bettors in the United Kingdom and around Europe should have a good idea of who is in the running for the nominations of both parties. Despite all the historic precedent of renominating an incumbent, that isn’t a foregone conclusion for the Democrats in 2024.

Here’s a look at the current US Presidential Election odds at two UK books:

Presidential election odds 2024

CandidateBet365Betway
Kamala Harris+350+400
Joe Biden+400+400
Donald Trump +600+800
Mike Pence+1400+1600
Nikki Haley+1400+2000
Ivanka Trump+2500+3300
AOC+2500+3300
Dwayne Johnson+2800+5000
Ted Cruz+3300+3300
Michelle Obama+3300+3300
Tucker Carlson+3300+3300
Pete Buttigieg+4000+2800
Liz Cheney+5000OTB

Given the recent historic turnout in Black communities in major cities around the country, Harris makes sense as the front-runner right now. It’s reasonable to assume the leaders in those communities could fire that machine back up in 2024 to get behind her.

The Democrats may want to maximize that momentum by nominating Harris instead of pushing for a second term for Biden. If they do so, that would be a first. So far in US history, no major party has ever opted not to renominate an incumbent when he’s been eligible for reelection.

Who

That’s partially because ousting an incumbent president has proven very difficult in US history. Prior to 2020, it hadn’t happened in nearly 30 years. Here’s the full list of one-term presidents and their tenures in office:

  • Donald Trump, 2017-2021
  • George H.W. Bush, 1989-1993
  • Jimmy Carter, 1977-1981
  • Gerald Ford, 1974-77
  • Herbert Hoover, 1929-33
  • William Howard Taft, 1909-13
  • Benjamin Harrison, 1889-93
  • Martin Van Buren, 1837-41
  • John Quincy Adams, 1825-29
  • John Adams, 1797-1801

If the Democrats do nominate Harris in 2024, it will be historic for other reasons, however. No major party has ever nominated an African-American woman for president, for example.

Harris’ nomination could come in the same year as a historic nomination by the other party. The possible scenario has only played out one other time in US history.

Can Donald Trump run again in 2024?

The short answer is yes.

Only Grover Cleveland has served two non-consecutive terms as president in US history, serving his first from 1885-1889 and his second from 1893-1897. Despite the fact that Trump just got the second-most votes for a presidential candidate in US history, there is one big reason why he may have an uphill climb to secure a third nomination from the Republican Party.

In June of 2024, Trump will turn 78 years old. That would make him the oldest major-party presidential candidate in US history, setting him up to be pushing 83 when his potential second term would end.

By a similar measure, Trump also had more people vote for his opponent than any other incumbent in US history. That’s another reason why the GOP may look elsewhere in 2024.

UK books currently favor Mike Pence, Nikki Haley, and Ivanka Trump to be the GOP nominee in 2024. Either Haley or Ivanka Trump would be the first female presidential nominee in the history of the Republican Party. Ivanka Trump would also be the first daughter of a president to receive such a nomination.

Election betting explained

Often times, books will refer to markets on these contests as “futures.” That’s because they will settle the bets months or years into the future.

The lines on this event are called moneylines or straight bets. That means you’re simply picking a winner of the contest, with the margin of victory and other elements irrelevant for these purposes.

Using the 2020 presidential election as an example, UK books liked Trump as a strong contender. They started him out at +100 or “even money” then moved him to -150 throughout the cycle. His odds rounded out at +150.

That means if you put $100 down at first opportunity, you would have doubled your money exactly had he won. When his odds moved to -150, you would have had to wager $150 to make $100 in profit. At +150, you’d get a $150 payout on a wager of $100.

What to monitor: polling data

Polling data is fluid and changes over the course of an election period. In the early stages like now (May 2019), candidates with the most name recognition tend to poll the strongest. That’s why on the Democratic side former VP Joe Biden and 2016 candidate Bernie Sanders were early polling front-runners.

As lower tier candidates who have difficulty fund-raising drop out of the race, and TV debates start crystallizing (or galvanizing) voter opinion, the numbers begin to consolidate around one-to-two front-runners heading into the primaries.

For simplicity purposes, monitor two well-respected polling aggregators:

  • Real Clear Politics: Consolidates and links to the most respected polls.
  • FiveThirtyEight Polls: Does the same but presents the information in a different way.

Top 2024 US Presidential Contenders

Democrats

In US history, no major party has ever failed to renominate an incumbent for reelection when he’s been eligible for another term. UK books feel that the Democrats will break that tradition in 2024, however, nominating Vice President-Elect Kamala Harris instead. Other frontrunners at these books include NY Congresswoman Alexandria Ocasio-Cortez and former South Bend, Indiana Mayor Pete Buttigieg.

Republicans

While Donald Trump is the frontrunner at UK books right now, current Vice President Mike Pence is the next top contender. After that, the field contains former South Carolina governor Nikki Haley and Trump’s daughter Ivanka.

2024 Presidential betting tips

In terms of presidential elections, the candidates who most represent the opposite end of the spectrum ideologically often fare the best. For example, Barack Obama and Donald Trump were about as different as could be.

That’s usually following a two-term president, however. As 2024 will come at the tail end of Joe Biden’s first term and he may run for reelection as the incumbent, that typical wisdom may prove unreliable.

Watch candidates’ fundraising and polling as the cycle nears. That will be an indicator into which candidates to back at the books.

Can you bet in the US?

Who Is Favored To Win The 2020 Election Poll

So far, no states have allowed sportsbooks within their borders to take action on the results of any US elections. If that changes to any degree, TheLines will keep you updated on the progress of that movement.