As we approach the 1 year mark until the 2020 Presidential Election, different discussions and actions are taking place that can send bookmakers into a swirl when it comes to setting odds for the 2020 election. President Trump’s approval ratings may not be great, but he is still considered the overall favorite to win the 2020 election. Political pundits like S.E. Cupp continue to pound Trump, while his odds for impeachment seem to grow daily.

Of course, looking back at the 2016 election, President Donald Trump had some of the worst odds at the beginning of the process and was projected to lose to Hillary Clinton.

Looking back, those that have been ahead in the polls with this much time in advance, were not even in the hunt when it was all said and done. One must remember that Jeb Bush of all people had a large lead at one time over Donald Trump in most polls.

Current 2020 Election Odds

Who is favored to win the presidency in 2020Who is going to win the presidential debate

As of now, here are the current odds, according to NJ Online Sportsbooks.

All 50 states are continuing to count the votes. While Joe Biden is now a -600 favorite to win according to the latest odds from MyBookie, nothing is final until all votes are officially tabulated. While we don’t yet know who will be occupying the White House for the next four years, you can still already bet on the 2024 presidential election. In the throes of Election Night, a few betting markets now are starting to indicate incumbent President Donald Trump could be a favorite to win a second term in the White House in the presidential.

Donald Trump-145
Bernie Sanders+500
Joe Biden+550
Michael Bloomberg+1200
Elizabeth Warren+1800
Pete Buttigieg+2200
Andrew Yang+2500
Hillary Clinton+4000
Amy Klobuchar+6000
Mike Pence +8000
Nikki Haley+10000
Michelle Obama+12500
Tulsi Gabbard+15000
Tom Steyer+30000


Approval ratings for President Trump are all over the place, such as Rasmussen’s +4 and Politico’s -15. However, Quinnipiac has Trump losing the national vote, but seems to predict an equal share of the Electoral College vote. Sound familiar? Beyond this, everyone is at 100/1, including names like Mike Pence and Corey Booker among others.
It should be noted that betting on the election is not legal in the United States, though there is a popular market for it in Europe.

In the previous Presidential election, Hillary Clinton won the popular vote, but Trump won the Electoral College. With that, Quinnipiac also notes that 77 percent of the population has good feelings about the economy, which is a strong sentiment for Trump in 2020.

Joe Biden Odds To Be President 2020:

The current front-runner to go up against Trump, Biden is facing a bit of heat over some inconsistent comments from the past in regards to the Hyde Amendment, which has to do with prohibiting national funds for abortion. Biden has taken stances in the past on things that progressive voters may not be a fan of as well as more information comes into the picture.

Bernie Sanders Odds To Be President 2020

Who Is Going To Win The Presidential Election

Sanders will do well in states such as Vermont and Massachusetts, but it is important for him to bring that success to the neighboring New Hampshire. With a progressive mindset that, out of every candidate, probably differs from Trump’s ideology for running the country, Sanders could be a popular candidate once again in 2020.

Pete Buttigieg Odds To Be President 2020

Coming out of seemingly nowhere, the South Bend, Indiana Mayor appears to be picking up steam. Pete would become the first openly gay U.S. President in the history of the nation if elected in 2020.

Elizabeth Warren Odds To Be President 2020

Who Is Favourite To Win The Presidential Election

With very little support in both Iowa and New Hampshire, it’s not looking good for Warren long-term, hence the drop-off in odds as time has gone on.

All in all, with so much time between now and the 2020 election, expect these odds to be changing rapidly and constantly, day-by-day.

Our 2020 forecasts — presidential, Senate, House — are all now officially frozen, meaning we won’t be ingesting any new polls or updating the odds in any race. Instead, follow along on our Election Day Live blog as we track results in real-time. At the end of a loooooong campaign, here’s where we stand: Joe Biden is favored to beat President Trump (though Trump still has a 1-in-10 chance); Democrats have a 3-in-4 shot at taking back the Senate; and the House will most likely remain under Democratic control (Democrats might even expand their majority by a few seats). The big picture is clear: The overall electoral environment favors Democrats, which is one reason they have decent odds of controlling the presidency, Senate and House (a 72 percent chance, according to our forecast). Of course, there’s always the chance of a polling error, which tends to be correlated from state to state when it happens. Trump needs a bigger-than-normal error in his favor, but the real possibility that polls are underestimating Trump’s support is why he still has a path to win reelection. A 10 percent chance of winning is not a zero percent chance. In fact, that is roughly the same odds that it’s raining in downtown Los Angeles. And it does rain there. (Downtown L.A. has about 36 rainy days per year, or about a 1-in-10 shot of a rainy day.)

Who Is Favored To Win The Presidency In 2020

  • According to our final presidential forecast, Pennsylvania is the most likely tipping-point state, and a lot of Biden’s chances in the Electoral College hinge on what happens in the Keystone State. He leads Trump there by about 5 points in our polling average, but it’s not as large a margin as Biden might like. Last week, we gamed out what would happen if Biden lost Pennsylvania but won other Midwestern states like Wisconsin. (TL;DR there’s no clear Plan B for Biden.) Want to run through your own hypothetical scenarios? You now can with our interactive forecast that lets you explore the ways each candidate could win. We’re hoping to use this tool ourselves on election night to better understand Biden and Trump’s paths to victory, especially if the outstanding vote takes a while to be counted.
  • Unless Trump or Biden has a really good night on Nov. 3, it’s pretty unlikely, though, that either of them will hit the 270 electoral votes needed to win by the end of the night. That doesn’t necessarily mean, though, that we won’t have a pretty good idea of who won. It’s all going to come down to how close some of the key battleground races are and whether a representative share of the vote can be reported, which won’t always be possible given the challenges of the pandemic. We’re tracking when we expect results in every state.