At the onset of the 2020 Presidential election cycle, Donald Trump was favored to win reelection. Trump had a strong economy going for him when the year began. A majority of voters agreed with most of his positions according to polls. In response, Democrats were taking up more marginal issues. They advocated policies that even their allies admitted were in the minority. However, COVID-19 and civil unrest have changed the Political betting landscape. Trump’s economy was shut down for over two months. Police brutality has ignited a potentially long hot summer. Thus, the betting dynamics are in turmoil.
2020 US Presidential Election Odds:
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2020 US Presidential Election Odds Overview and Analysis
Concurrently Joe Biden is a small online betting favorite at the present time. The unemployment increases due to COVID-19 did not help Trump. More emphatically the rioting in June did far greater damage. Joe Biden has plenty of baggage and is a gaffe machine. He has had his best poll numbers when he isn’t seen or heard. Consider that there are five months to go before the election. One can only imagine the events that will unfold over time. For now, most gamblers are trying to middle the different betting lines that change.
Joe Biden Overview
Joe Biden was elected to the United States Senate in 1972 where he served until 2009. Subsequently, he went on to serve as President Barack Obama’s vice president from 2009 through 2017. He did not run for the 2016 Democrat presidential nomination. Instead, he took a knee for eventual loser Hillary Clinton. Biden is often derided for his numerous verbal gaffes. Also bothersome is his checkered record on civil rights. Democrats nominated him as the “safe” choice to face Trump. What they mean is that he is the most electable in their eyes.
Of great concern is when Biden is allowed to venture out to news forums. Or question and answer sessions. Biden is 77 years old and will be 78 on inauguration day. And he has shown his age at such events. Brain freezes, confusion, and world slurring have alarmed supporters. Some prominent Democrats have publicly voiced worry about what will happen in a debate against alpha male Trump.
Donald Trump Profile
Fashion that Donald Trump’s 2016 win over Hillary Clinton was the biggest upset ever in the history of Political Betting. Trump was able to win because he ran a counter-campaign far different from a typical Republican. To illuminate Republican voters were tired of a party that would not fight back. Trump showed himself to be a dark alley brawler from the start of his campaign. While the political class and establishment of both parties were horrified, the voters loved it. He set himself apart from any other Republican because he did not back down and apologize. Instead, he doubled down.
On the other hand, Trump often fails to give his fellow Republicans cover. Some of his tweets are indefensible to the rest of the party. Along the same lines, many moderate voters see Trump as someone right on the edge of behavior that is unacceptable.
2020 Election Determining Factors
To conclude the election will still come down to how well the economy bounces back as America reopens. Following that are a series of unknowns yet to come. Odds should continue to fluctuate wildly.