US Presidential Election Odds 2020 Weekly Rundown: Florida Crucial
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President Donald Trump returns to the comeback trail as odds for him and former Vice President Joe Biden fluctuated during the week but wound up the same as last week. Meanwhile, Libertarian nominee Jo Jorgensen enters our odds for the first time.
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2020 Presidential Election Odds
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Odds courtesy of 888Sport's UK-facing betting site and subject to change.
Remember to keep checking back each week as we track where the top candidates stand and point out trends in order to give you the best view of the 2020 U.S. Presidential betting market so far, and where it might be headed.
Joe Biden 2020 Odds
Biden stays at -121 and remains the favorite, as he has been for most of the summer and autumn. Biden continues to lead most traditional indicators, but betting money continues to favor Trump over the Democratic nominee. Trump is pulling even in Florida polls; either candidate's path to victory narrows considerably without winning The Sunshine State. The first debate is looming on Sept. 29.
What are the Odds Donald Trump Wins Re-Election?
Trump stays at +100, still on Biden's tail. But state results are not independent of one another, and Florida's results have a high chance of correlating to other states because of its heavy Latin population (though Florida's Latin demographics lean more conservative than those of other states). Trump also scored a reported $50 million commitment from megadonor Sheldon Adelson, shoring up the Republican candidate’s financial base after the campaign pulled ads in key states.
Candidates with Longer than +10000 Odds
Despite representing the nation's best-established third party, it wasn't until this week that Libertarian nominee Jo Jorgensen entered our odds, joining Vice President Mike Pence and rapper Kanye West at +50000. Green nominee Howie Hawkins' loss of ballot access in Pennsylvania and Wisconsin, along with West's in Virginia, likely helped Jorgensen, who is on the ballot in all 50 states and Washington D.C. as well. West is now on the ballot for only 84 electoral votes. VP nominee Kamala Harris holds at +10000, with 2016 nominee Hillary Clinton at +25000.
Swing State Odds
The Republicans pull back ahead of the Democrats (-118 to -112) in Florida, but the Dems move back out in front in Arizona (-148 to +110). While that's a 278-vote win for Biden, that's considering the states as independent variables; Biden losing Florida suggests trends in other states that give him only a 45% chance.
CHECK OUT: The Latest Swing State Odds
Electoral College Odds
The odds that Republicans win again with electoral votes in the low 300s drift to +525, while a winning share of 270 for the Democrats drifts to +700.
Next Winning Party Odds
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Despite Jorgensen making the odds, there are no changes in the party picture, with Democrats at -125, the GOP at +100 and independents at +8000.
NOTE: Betting on politics is not legalized in the U.S. but heavily bet on in Europe. For more info on political betting in general as well as coverage of the latest news affecting the odds, be sure to check out our guide to betting on politics.