The United States 2020 Presidential election on November 3 is fast approaching and according to the bookies, US President Donald Trump’s odds are the worst since March last year. At the same time, Joe Biden’s odds have reached an all-time high.
Bookmakers have been offering odds on who will win the election for a very long time already and just a few weeks ago the two candidates were more or less neck and neck.
Bettors seem to favour Trump with more individual bets, but more money is staked on the Democrat’s candidate. According to Oddschecker, 58 per cent of all bets on the election is on Trump to win while 78 per cent of all money staked backs Biden.
“The closer we get to the 2020 U.S. Election, the more likely a Democratic victory looks. A huge amount of betting interest remains in the market, with a whopping £121 million (CAD 207 million) matched on the Betfair Exchange,” Oddschecker spokesman Callum Wilson said. “With Donald Trump’s polling support dwindling, it’s looking like only an almighty Joe Biden gaffe will see his numbers improve.”
Tracking the polls
If the election were held on October 14, the latest polls suggest that Biden would walk away with 279 electoral college votes (270 is required to win) to Trump’s 125. The recent Biden surge in the polls is mainly in Michigan, Pennsylvania, and Wisconsin. Trump won those states in 2016 by the narrowest of margins.
These numbers would translate into a Biden win with 51.5 per cent of the votes with Trump coming in at 42 per cent. Still, predicting this election is a lot harder than ever before. States are making it easier to vote by mail this year due to the coronavirus, but each state has different voting rules.
It’s generally accepted that a low voter turnout favours a Republican candidate and vice versa. So far almost 12 million Americans have voted via mail already.
The first Presidential debate on September 29 descended into insults and interruptions between the two candidates, and even the moderator Chris Wallace of Fox News chimed in and tried to settle things down, which only seemed to make it worse.
“You can’t even say the word law enforcement because if you say those words, you are going to lose all your radical left supporters,” Trump fired.
Biden got a few zingers off from the hip including: “He’s Putin’s puppet. He still refuses to even say anything about the bounty on the heads of American soldiers.”
There are two more debates supposed to take place before the election but both campaigns struggle to agree on dates, mainly because the President recently tested positive for COVID-19. Trump did not spend a lot of time in hospital, though.
After only 11 days he was back on the campaign trail in Florida at an outdoor rally without a protective mask and touting his management of the pandemic.
“Would kiss everyone in that audience”
Trump has made no secret of his thoughts on his positive diagnosis, saying that he is now immune to the coronavirus and that he feels more powerful now than ever before.
“I went through it now. They say I’m immune. I feel so powerful. I’ll walk into that audience. I’ll walk in there and kiss everyone in that audience. I’ll kiss the guys and the beautiful women, everybody, I’ll just give ya a big fat kiss,” the President said.