Most experts believe the 2020 US Presidential race between President Donald Trump and former Vice President Joe Biden is going to go down to the wire. That is reflected in the election odds at European sportsbooks, as Biden is not as much of a favorite as he was a month ago – or even a week ago. Right now, Bet365 (UK) has Biden as a -135 favorite, with Trump at +115. Over at Betway, Biden is currently -137 with Trump sitting at +115.
In early July, Biden was -170 to win the race at Bet365 and Trump was +150.
Last week, while the Democrats were holding their virtual convention, Biden was -145 at Bet365 with Trump going off at +125.
DraftKings’ Free Election Pool with $100K in prizes
You cannot legally bet on the 2020 Presidential Election between Biden and Trump in the US, but DraftKings Sportsbook is running a special “$100,000 Election Before the Election” Pool. To get started on this free contest, go here.
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- Questions include: “Who will win the election: Joe Biden or Donald Trump?” as well as state specific questions like “Who will win Michigan?” and “Who will win Colorado?”
- The answers are determined by AP Vote Count.
- All prizes will be distributed by 11 a.m. on Nov. 4, 2020.
Convention season impacting election odds?
Despite speeches that were widely praised by the left during the Democratic National Convention from former First Lady Michelle Obama, 2020 Democratic Vice Presidential nominee Kamala Harris, former President Barack Obama and Biden himself – the Dems did not make much headway at least with the sportsbooks.
The Republicans are up this week with their own convention, and it’s too early to tell if their presentations will sway the odds one way or another. The RNC runs through Thursday, Aug. 27.
Presidential debates coming up soon
One thing that could alter election odds in a certain direction is the fallout from the US Presidential Debates, which are still slated to go off this fall despite the ongoing pandemic. Here are the tentative dates and locations for all three Presidential Debates, as well as the lone Vice Presidential Debate.
- Presidential Debate 1: Tuesday, Sept. 29 at Case Western Reserve University in Cleveland, Ohio
- Vice Presidential Debate 1: Wednesday, Oct. 7 at the University of Utah in Salt Lake City, Utah
- Presidential Debate 2: Thursday, Oct. 15 at the Adrienne Arsht Center for the Performing Arts in Miami, Florida
- Presidential Debate 3: Thursday, Oct. 22 at Belmont University in Nashville Tennessee
Polls by CBS News and CNN in the fall of 2016 showed voters overwhelmingly touting then-Democratic nominee Hillary Clinton as the “winner” of the debates over Trump. Just after the final Presidential debate of that election cycle, RealClearPolitics showed Clinton’s head-to-head poll lead over Trump had increased from a 2.3% advantage after the first debate to a 6.5% lead after the final debate.
Twenty-five days after that last 2016 debate, however, Trump pulled off one of the all-time election upsets to become the 45th President of the United States.