Donald Trump vs. Joe Biden Election Odds Following Final Debate

Written By Matt Burke on November 3, 2020
Election odds Trump Biden bet on president

Former Vice President Joe Biden remains the favorite to win the 2020 US Presidential election over President Donald Trump as Biden is around -225 and Trump is around +175 at most European sportsbooks on Election Day

Bet on US Politics with PredictIt and claim your $80 Free
$80 FREE
When you deposit $80
$80 free on $80 Deposit
Bet on US Political events
To Claim: Click Play Now

Looking back at election odds from earlier this year, Trump was even money to win again before the COVID-19 pandemic shut down the United States, and before Biden earned the Democratic nomination. Likely due to the pandemic and the racial tension in the country during the spring, Biden became the favorite to win the race early in the summer as he was around -170 at most European sportsbooks. Trump had a mini-surge as he moved from +150 in July to +125 during August. But late September and early October proved to be a bad stretch for the incumbent.

European books took their US Presidential Election odds down immediately after Trump announced that he tested positive for COVID-19. When they re-posted the odds the following week, Biden was around -200 to win at most sportsbooks.

Presidential election odds

Here is a look at current US Presidential Election odds for Trump and Biden on Election Day.

CandidatePredictIt Price or MarketEquivalent OddsBet365 Odds
Ron DeSantis$0.28 - Bet NOW+257+275
Donald Trump$0.27 - Bet NOW+270+275
Joe Biden$0.21 - Bet NOW+376+650
Kamala Harris$0.08 - Bet NOW+1150 +1400
Gavin Newsom$0.07 - Bet NOW+1329+1400
Pete Buttigieg$0.07 - Bet NOW+1329+2800
Mike PencePence files for President before 2023?N/A+1800
Nikki HaleyFemale President in 2024?N/A+2000
Michelle ObamaFemale President in 2024?N/A+2500
Elizabeth WarrenDem 2024 Presidential nominee?N/A+3300
Elise StefanikFemale President in 2024?N/A+4000
Hillary ClintonFemale President in 2024?N/A+4000
Mike PompeoGOP 2024 Presidential nominee?N/A+5000
AOCAOC files for President before 2024?N/A+5000
Dwayne JohnsonN/AN/A+5000
Candace OwensFemale President in 2024?N/A+5000
Ivanka TrumpGOP 2024 Presidential nominee?N/A+5000
Tucker CarlsonGOP 2024 Presidential nominee?N/A+5000
Jeff BezosN/AN/A+6000
Ted CruzGOP 2024 Presidential nominee?N/A+6600

The time for talk is over

Debate season has come to a close with only two debates between Trump and Biden having taken place. The two were slated to hold a debate on Oct. 15 but Trump said he would not participate after learning that it was going to be held virtually. The Commission on Presidential Debates pushed for a virtual debate because of Trump’s positive COVID-19 diagnosis earlier this month.

Vice President Mike Pence and Sen. Kamala Harris held their only debate on Oct. 7 with the odds on the race not being greatly affected one way or another in the immediate aftermath.

Getting nasty on the campaign trail

The candidates will continue to hit the campaign trail right up until Election Day on Tuesday, Nov. 3.

Biden is receiving help on the road from many, including former President Barack Obama and former Democratic presidential candidate Pete Buttigieg.

Obama slammed the Trump administration for many matters this week in Philadelphia, particularly the White House’s handling of the COVID-19 pandemic.

“We literally left this White House a pandemic playbook that would have shown them how to respond before the virus reached our shores,” Obama said. “They probably used it to – I don’t know – prop up a wobbly table somewhere. We don’t know where that playbook went. Eight months into this pandemic, cases are rising again across this country. Donald Trump isn’t suddenly going to protect all of us. He can’t even take the basic steps to protect himself. Just last night, he complained up in Erie that the pandemic made him go back to work. I’m quoting him. He was upset that the pandemic made him go back to work. If he’d actually been working the whole time, it never would have gotten this bad.”

The star speaker on the Trump campaign trail is, of course, Trump himself. Trump and his campaign have continuously been focusing on Biden’s son, Hunter Biden, at rallies and on social media in recent days.

On Tuesday, Trump ordered Attorney General William Barr to immediately launch an investigation into the Biden family regarding what Trump said was “corruption.”

The New York Post recently published several stories regarding Hunter Biden. The stories were centered on Hunter Biden allegedly introducing a Burisma Holdings executive to Joe Biden, while he was vice president. Hunter Biden had served on the board for Burisma, a Ukrainian oil company, from May 2014 to April 2019.

Matt Burke Avatar
Written by
Matt Burke

Matt Burke is the Sports Editor and Head of Evergreen/SEO Content at He is the Founder and former Editor-in-Chief of MetroBet, a digital and print sports betting platform, and was the Executive Sports Editor at Metro US Newspapers (New York, Philadelphia, Boston) from 2014-2020. Matt has covered Super Bowls and Final Fours, and his work has appeared for Sports Illustrated, CBS Sports, the Eagle Tribune, Gloucester Daily Times and Newburyport Daily News. Matt is a graduate of the University of Connecticut.

View all posts by Matt Burke