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Presidential Election Results Vegas Odds

Presidential Election Results Vegas Odds. Bookies hold back Biden payouts in long odds of a Trump election win. Presidential election is less than two months away and Democratic candidate Joe Biden has increased his lead in the polls and various sportsbooks abroad.

Wanna Bet The Market Has A View On The 2020 Election Wsj
Wanna Bet The Market Has A View On The 2020 Election Wsj from www.wsj.com

Betfair reportedly took 564 million overall in presidential bets about twice the betting handle in the then-record 2016 election. Meanwhile Joe Biden didnt quite reach the expectations of the oddsmakers only so far reaching 506. This is because betting on the US presidential election underdog is seen as a more risky bet.

2020 Election Odds 2020 Presadent Betting Presidential Election Odds 2021 Live.

The odds have constantly been changing throughout 2020 with Biden being as high as 2000 at the end of February. Trump exceeded his margin and will likely cash at 240 to win 46-4899 of the vote. Meanwhile Joe Biden didnt quite reach the expectations of the oddsmakers only so far reaching 506. One online gambling exchange has almost 600m in limbo awaiting an official election winner.