As the world waits for the dust to settle on the 2018 US Election, sportsbooks and betting forums have opened up with the run up to the historic day providing a wealth of betting information.
Just as the World Cup is proving to be the biggest tournament in world football, the US Election has taken on added significance as President Donald Trump’s bid for a second term was met with a challenge from former Vice President Joe Biden.
The most popular betting markets for the US Election have been establishment support for Trump, offering +275 on the pre-game to beat +205 for Biden, with bets offered at +350 and +375 respectively on the outcome. Political pundits have also predicted a close race with the betting odds for a Trump victory at +275, compared to Joe Biden at +205.
What Makes This Year So Special?
This year’s US Elections are proving to be quite the rollercoaster. Despite polling in the low 30s in recent weeks, Trump’s odds of winning the presidential election continued to drop as election day grew closer. The real estate mogul took a considerable hit in the polls following his controversial comments about the Hispanic community and was only saved by a weak US dollar and strong performance from his VP candidate, Mike Pence.
While Trump’s odds of winning the election continued to fall, those of Biden’s steadyed as the former vice president campaigned across the country gaining vital support from both major parties as well as Independents. The betting odds for the 2020 presidential election continue to favor Biden with Trump’s odds now at +500 compared to +550 previously. However, as Trump transitions into his second term and Biden embarks on the campaign trail, an interesting betting dynamic has emerged with Trump’s odds inching closer to even. What will make this year’s US elections so special is that no one knows for sure what will happen. There are a variety of possibilities ranging from a Trump landslide to a Biden coronation.
Will The Democrats Surrender?
Since Trump’s odds of winning the election fell sharply following his comments about the Hispanic community, many pundits have been predicting a Democratic victory in 2020 with some prognosticators setting the stage for a major political shift. As we’ve mentioned, Trump’s chances of winning fell considerably after his controversial comments about the Hispanic community. As a result, many bookmakers have taken the opportunity to adjust their odds with some sportsbooks offering 6/4 odds of a Democrat winning the presidency in 2020 compared to 3/1 in 2016. There is also a consensus that Trump’s behavior during the pandemic will not help him politically. With the economy picking up and most Americans finding themselves in a better financial position, Trump’s previous negative campaigning will not seem so attractive to voters.
The betting odds for the 2020 US Election are certainly interesting and could see a major change in the direction of American politics. With the current president’s odds now at +500, people might just be getting comfortable with the idea of a Biden presidency after all. While we wait to see if Trump’s comments about the Hispanic community will prove to be a major political blunder, the betting public is confident that the former vice president will emerge from this historic election cycle with the US presidency. Will the Democrats surrender in 2020? Nobody knows for sure but with Biden leading the polls by a large margin, it seems likely that he will be the next president of the United States.
Where Can I Place My Bets?
With the 2018 US Elections just over a week away, it’s an excellent opportunity to place bets on the outcome. Since it’s such a competitive race with so many possibilities, it would be wise to place your bets on the outcome of the presidential election. Although it’s still early days and Trump’s odds of winning remain high, it’s a good idea to keep an eye on them as they can always change.
The best place to place your bets is probably going to be one of the major bookmakers that operate in the US. If you’re looking for a safe bet that won’t change at the end of the day, you can also look into some of the offshore sportsbooks that cater to American players. It’s also a good idea to check out your local bookmaker as well who may have some special offers for this special election year. In terms of which books to choose, it’s always a good idea to go with the house that you know and trust. It’s also worth noting that many major bookmakers offer a variety of odds and markets so it’s important to do some research before placing that winning bet.