Vegas Odds 2020 Presidential Race

Posted on 4/9/2022 admin

Las Vegas Odds On 2020 Presidential Race
Betting Odds 2020 Us Presidential Election
Vegas Odds For 2020 Presidential Race
Las Vegas Line 2020 Presidential Election

What are the Vegas odds of Trump winning the 2020 Election? Well, they’re pretty much the same as they were four years ago when he squared off with Hilary Clinton. Once again, the oddsmakers think of him as the underdog. But in 2016, America didn’t get its first female President. Instead, the underdog won and is now hoping to get another term in the office.

2020 US Presidential Election Archives Las Vegas Odds. Boxing Matchups Odds; NASCAR Race; Formula 1; PGA Golf. 2024 US Presidential; Esports; Live Odds. Odds Shark’s odds calculator is a great tool to help translate who will win the 2020 election into implied probabilities. For example, at +575, Donald Trump’s implied probability to win the 2020 election would be 14.81 percent and Joe Biden at -1100 odds would be 91.67 percent.

Las Vegas Odds On 2020 Presidential Race

Can he do it again? Betting odds definitely look tempting, with some sportsbooks offering as much as +175. Unfortunately, American bettors cannot take advantage of the odds. Why? Because betting on the Presidential Election is not legal in the United States. Vegas Odds of Trump Winning do not exist anywhere in America, but they can be found at offshore betting sites.

Actually, industry experts suggest that the US Presidential Election is the most popular betting event in offshore sportsbooks. With only a couple of weeks remaining before the Trump vs Biden Election clash, the operators are handling 10 times the amount of wagers they did in February when the Super Bowl took place.

Trump vs Biden – Odds of Winning the 2020 Election

The Vegas odds of Trump winning in November are not available anywhere on US soil. However, not only are they available offshore, but it seems that every offshore sportsbook has this market in its offer. BetOnline.ag, Bovada, BetUS – all of them offer odds for Trump vs Biden.

So, who’s the favorite? Joe Biden is, as you can see for yourself from the table below:

The odds are clearly in Biden’s favor, but the same was the case four years ago. Actually, Trump’s odds of winning were even worse back then. Still, despite being a +550 underdog at one point in 2016, Trump was the one who got to move into the White House.

What Were the Vegas Odds of Trump Winning in 2016?

In the days before the Election day of 2016, Trump’s odds of winning were as much as +190 at some sportsbooks. If this seems shocking, wait until you hear about what were the Vegas Odds of Trump winning on the Election night – at around 8 PM on that faithful day, Trump’s odds were +550.

Everyone seemed to think we’re going to see another member of the Clinton Family ruling the United States. Some sportsbooks like Paddy Power even decided to pay out Clinton Bettors in advance, thinking there was no way Trump was going to win. The poor judgment cost them almost a million dollars.

Historia est Magistra Vitae – As ancient Romans used to say, history is life’s teacher. Events from the past teach us about what might happen in the future. If Trump managed to upset the odds in 2016, perhaps he could be able to do the same in 2020?

Well, he might, but keep in mind that the year 2016 was a very strange year from the betting perspective. Apart from Trump winning the election, bettors witnessed many other upsets, including:

Leicester City winning the English Premier League at +500,000
The UK voting “Leave” in the Brexit referendum at +600
Chicago Cubs winning the World Series at +1,000
Denver Broncos beating Carolina Panthers in Super Bowl 50 at +150
Conor McGregor suffering his first UFC defeat to Nate Diaz at +380

In 2020, bettors haven’t witnessed too many upsets, which begs the question of whether it’s overdue?

Current Odds Favoring Biden

Odds change all the time – it’s how they work. If bettors are putting a lot of money on one outcome, the sportsbooks need to adjust the odds so if that outcome wins, they aren’t going to have to pay out too much money.

For instance, if a lot of money is being wagered on Joe Biden at -190, sportsbooks will react by moving the odds to -210. This way, if Biden actually wins, they aren’t going to lose as much money as they would if they left the odds at -190. Simultaneously, they will also change the odds on Trump, presenting the Republican candidate as a more attractive prospect for bettors.

Exactly that is what’s been happening over the last couple of weeks. Presidential Election odds have been changing constantly, making Biden an even stronger favorite. The obvious explanation for this is that bettors have started putting more money on Biden than before.

However, it wasn’t always like that. Back in February, the odds of Trump winning his second presidency were as short as -180. At the time, Joe Biden’s odds were +2,000. So, what happened since? COVID-19 happened.

What Were Trump’s Odds of Winning Before the Pandemic Started?

Betting odds depend strictly on the bettors’ behavior. Their behavior, however, depends on a variety of factions. Some bettors didn’t like the way he handled himself in the Presidential Debate, some didn’t like his recent tweets. Then, there are also those bettors who may still love the President but want to ensure they don’t end up double-losers if the Democrat wins.

Still, judging by how the odds have been moving this year, it seems that Trump’s handling of the COVID-19 situation is the key factor. For instance, we saw a major odds move the day when it was announced he tested positive for coronavirus. His odds did improve slightly when he got out of the hospital, but are still nowhere near the pre-pandemic number.

Throughout February, most offshore sportsbooks were giving -180 on Trump, but then in March the odds suddenly changed. On March 16, the Vegas odds of Trump winning went to +105. What happened? President issued new COVID-19 guidelines, practically putting the United States under a lockdown.

Another major odds change happened in summer when it became clear Joe Biden is going to be the candidate of the Democratic Party. That’s when his odds moved to -110 never to go back. In fact, they have been changing in his favor constantly since then.

2020 US Presidential Election Las Vegas Odds

Business & Politics Menu

2024 US Election
2024 Democrat Nominee 2024 Republican Nominee
Politics Special Odds & Props Donald Trump Props
Boston City Mayor Mayor of New York City
2020 US Election - Archives Odds
Cryptocurrency Odds & Props

Odds on the 2020 US Presidential Election according toBovada Sportsbooks
Schedule for Tuesday, November 3rd, 2020

Updated on November 7, 2020 - 8:10 AM ET Live Odds

Elections Specials and Exotics

Will the 2020 US US Presidential Election be called on November 6th or 7th 2020?
Yes +135
No -180

If both FOX News and CNN declares or otherwise projects the winner of the Presidential Election between 12:00am November 6th and 11:59pm November 7th (ET) then Yes will be graded the winner

Bet on the 2020 US Presidential Election Odds at Bovada Sportsbook

UFC Betting Odds
Receive a 50% Welcome Bonus up to $250.
bovada.lv

MyBracket 2021 Contest
$100K March Madness Bracket.
MyBookie.ag

ARCHIVES

Odds on the 2020 US Presidential Election according toBovada Sportsbooks
Schedule for Tuesday, November 3rd, 2020

Updated on November 6, 2020 - 11:15 PM ET Live Odds

Elections Specials and Exotics

Will the 2020 US US Presidential Election be called on November 6th or 7th 2020?
Yes +105
No -135

Odds on the 2020 US Presidential Election according toBovada Sportsbooks
Schedule for Tuesday, November 3rd, 2020

Updated on November 6, 2020 - 6:56 PM ET Live Odds

Elections Specials and Exotics

Will the 2020 US US Presidential Election be called on November 6th or 7th 2020?
Yes +120
No -160

Odds on the 2020 US Presidential Election according toBovada Sportsbooks
Schedule for Tuesday, November 3rd, 2020

Updated on November 6, 2020 - 4:55 PM ET Live Odds

Elections Specials and Exotics

Will the 2020 US US Presidential Election be called on November 6th or 7th 2020?
Yes +110
No -145