2020 US elections: Donald Trump rallies in bookmakers although Joe Biden remains as favorite

The president of the United States and candidate for re-election, Donald Trump, achieves great last-minute support in the betting ahead of the electoral appointment to revalidate his position. Despite the fact that Joe Biden, the Democratic candidate, is still the favorite, Trump has cut distances in the last hours coinciding with the opening of the polls. This is stated in the data collected by Betfair: Biden has 61% of winning options (odds 1.63), while Trump has 39% (odds 2.58). This represents a cut of up to four percentage points in favor of the current US president. Yesterday, Trump’s percentage was around 35%. The turmoil of the electoral campaign in recent days has driven Donald Trump’s options to remain in office as president of the world’s leading power. The memory of the last presidential elections has also helped. «What happened in 2016 is still very present. So on Election Day, Hillary Clinton was a very, very favorite. So much so that Trump was only given a 17% chance of winning compared to 80% for the Democratic candidate. Trump had 22 percentage points less than the chances that our forecasts now give the Republican leader. If this trend is confirmed, it will be a very close election, “says Sam Rosbottom, spokesman for Betfair. In the presidential elections four years ago, Betfair was the bookmaker that predicted the victory of Donald Trump to the surprise of the rest of the crowd. against all odds.In Florida, Trump is favoriteFlorida is one of the key states to decide the winner of these elections, due to the fact that it has 29 electoral delegates.Betfair’s forecasts assure that the current North American president has a 58% chance of victory compared to 42% for Joe Biden. These presidential elections have been marked by uncertainty due to the multiple scenarios that have occurred throughout this year. At the start of 2020 there was an absolute favoritism on the part of Donald Trump, until last summer Joe Biden managed to turn the situation around, a trend that continues. This table shows this evolution in 2020. Evolution of the forecasts in these 2020 United States elections. For bets, these elections have also become a historical process. Betfair points out that this election date is the largest in its history, surpassing the 2016 elections. The elections four years ago produced movements worth 220 million euros. In this year’s electoral appointment, up to 338 million euros have been registered, in this section equality also commands, although with a slight advantage for Biden. 172 million euros have been bet in favor of the Democratic candidate compared to 158 million euros in favor of Trump. The rest correspond to movements made in favor of other candidates.