If you like to gamble:
Joe Biden is the favorite to win the 2020 presidential election for the first time since mid-March.
After trailing Donald Trump on the odds board for much of the past three months, Biden drew even with Trump earlier this week with +100 odds at European sportsbook Betfair. Now Biden’s -110 odds give him a 47.3% vig-free implied probability of winning in November — a 2.1% increase over the past two days — while Trump is down to +110 (a 2.2% decrease).
The first significant shift in election odds comes amidst ongoing unrest across the country in the wake of George Floyd’s death.
The odds now better reflect recent polling, as Real Clear Politics’ average of major polls lists Biden at +7.8.
We’ll continue to track how election odds shift in the run up to November’s election. You can also find out how the betting markets are projecting the Democratic vice presidential nomination.
It’s very encouraging but let’s not get complacent. Let’s stay active and engaged. Click here to donate and get involved with Biden’s campaign.