US Election: Odds slashed on Donald Trump victory
US Election Odds
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2020 US Election Betting Odds
- Some bookmakers have slashed Donald Trump’s odds to as short as 23/20
- Joe Biden’s odds have lengthened from a general 8/15 to 8/13 with some firms
- The odds on a Republican victory have been shortening in swing states
Voters in the US went to their beds last night knowing that Joe Biden was odds-on favourite to be their next president and while this hasn’t changed, the gap between the Democrat and Donald Trump has been narrowed severely overnight.
At the close of play yesterday, the odds on Joe Biden becoming the next US president were 8/15, thus implying that his chances of success were 65.2%, however his odds have since drifted to a general 8/13 with this giving him an implied 61.9% chance of victory.
This will certainly give Trump a spring in his step and many punters are optimistic that he will win a second term in office. The odds on a Trump victory earlier this week gave him a 34.8% chance of success, however he is now 5/4 with leading bookmaker BetVictor and this gives him an implied probability of 44.4%.
Compare this to 2016 when the sportsbooks gave Trump a 20% chance of victory just one day before the election day.
Over the past few hours there has been huge support for Donald Trump on the US Election betting market both in individual bets and in stake amounts. This is a big change in the betting activity pattern ahead of the big day.
8/13 – Joe Biden
5/4 – Donald Trump