2020 Presidential Election Odds: Joe Biden Pulls Even With Donald Trump

Posted By Chops on March 16, 2020

A month ago, Bernie Sanders was headed into the Nevada caucus riding a crest of momentum. Having finished second in Iowa and winning New Hampshire, Sanders was the clear Democratic front-runner.

Joe Biden was an after-thought. The question wasn’t, “When will Biden’s campaign get on track?” Instead, it was, “This is getting sad. When will Biden drop out?” His 2020 Presidential election odds had plummeted to the +2500 range.

One month later, Biden is cruising to the Democratic nomination. And he’s now pulled even with Donald Trump in betting markets.

Donald Trump no longer odds-on favorite to win presidency

Trump’s re-election odds were pushing -175 just a couple weeks ago. However, his response and attitude around the COVID-19 outbreak — and the economic downturn that’s come with it — has made an impact.

Trump is now priced between +100 and +110, same as Biden.

Interestingly, Mike Pence has seen his 2020 presidential odds shoot up to the +2500 to +2800 range, same as Bernie Sanders.

Joe Biden (D)-225-225
Donald Trump (R)+188+150
Kamala Harris (D)N/A+10000
Mike Pence (R)N/A+20000

Biden cruising to nomination

Despite a poor showing against Sanders in their Sunday night debate, don’t expect anything to slow Joe Biden down from winning the nomination.

The coronavirus coverage is absolutely dominating the news cycle. There is nothing Sanders can do at this stage to overcome the volume of COVID-19 stories in the news cycle.

From a betting perspective, there’s a finality (finally) to who the 2020 election choices are.

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Steve “Chops” Preiss has 15 years of experience in the gaming industry. Chops began writing and producing content for digital media sites during the early poker-boom years. He has twice been voted by his peers as one of the 20 Most Influential People in Poker. Chops has also written and produced segments for a primetime gaming TV show on Versus (now NBC Sports Network) and distributed a poker program to over 160M global households.

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