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From now until the election, Outkick will cover the gambling odds for the 2020 Presidential election between Donald Trump and Joe Biden, in the event the odds have moved since the previous Tuesday.
Last week, Joe Biden was 8/13 (-162) and Donald Trump was 6/4 (+150) to win the 2020 Presidential election. Three weeks ago, Biden was 8/11 (-137) and Trump was 4/5 (+125). Today, the odds at books in the United Kingdom are as follows:
Joe Biden: 8/15
Donald Trump: 7/4
This means risk $15 to win $8 on Biden and risk $4 to win $7 on Trump. In moneyline odds, Biden would be -186 and Trump would be +175.
Another interesting change this past week is that Vice President Mike Pence went from 50-1 to 33-1. While he’s still a longshot, that’s a big jump for just one week. The rising numbers for Biden and now Pence plus falling numbers for Trump come as the President has been further beleaguered in polls to the extent that Fox News is publishing stories about GOP operatives openly wondering if he might drop out of the race.
As I’ve said every time we do this post, I do think polls tend to underrate Trump because some people answering them either don’t want to say out loud that they are a fan of him, or just vote Republican on the basis of the belief it will lead to lower taxes and/or a better economy. However, in the past month now, gambling odds have continued to move in Biden’s favor.