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Las Vegas odds turn sharply to predict a Biden victory in the fall

 
Anonymous Coward
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06/26/2020 03:22 PM
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Las Vegas odds turn sharply to predict a Biden victory in the fall
The smart money is on Joe Biden, apparently.

With the presidential election a little more than four months away, Biden has grown his lead over President Trump into the double-digits in some national polls. The White House’s questionable handling of the coronavirus pandemic—and the subsequent economic collapse that’s followed—has apparently eroded many voters’ confidence in the president, leading to his deteriorating poll numbers.

Vegas has taken notice. Bookmakers have shortened the odds of a Biden victory significantly in recent weeks—a trend that’s continued since the pandemic forced virtually the entire nation to go into lockdown in early March. According to online sportsbook Bovada, Biden’s odds are now sitting at -140, while underdog Trump’s odds have diminished to +120.

In plain English, that means that a $100 bet on Trump would net the bettor $120 in profits should the President win reelection; on the other hand, Biden’s odds mean that a $100 bet on the challenger would return a little more than $71 in profits should he win the White House. Yet another way to look at it is that Biden now has 7/10 odds and a roughly 58% chance of winning the election, while Trump has 6/5 odds and less than a 46% chance.

Those odds are a dramatic reversal of where things stood earlier in this year, before the coronavirus pandemic sent the U.S. economy into freefall and damaged perhaps the President’s strongest argument for reelection. For context, on March 4—the day after Biden’s impressive Super Tuesday showing made him the presumptive Democratic nominee—Trump’s odds sat at -150, while Biden’s were at +160, according to data compiled by Oddshark.

[link to fortune.com (secure)]
Anonymous Coward
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06/26/2020 03:26 PM
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Re: Las Vegas odds turn sharply to predict a Biden victory in the fall
Biden now has 7/10 odds and a roughly 58% chance of winning the election, while Trump has 6/5 odds and less than a 46% chance.

Ruh roh...

"I see a bad moon a-risin'"
Anonymous Coward
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06/26/2020 03:27 PM
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Re: Las Vegas odds turn sharply to predict a Biden victory in the fall
POTUS has yet to play his "trump" card.

It's coming.
Anonymous Coward
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06/26/2020 03:30 PM
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Re: Las Vegas odds turn sharply to predict a Biden victory in the fall
my money is on trump
Builder of the Adytum
Tektonic

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06/26/2020 03:30 PM

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Re: Las Vegas odds turn sharply to predict a Biden victory in the fall
Ummmm...58 and 46 is 104%.



hiding
Formerly Adytum/Builder of the Adytum/Tekton
Builder of the Adytum
Tektonic

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06/26/2020 03:30 PM

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Re: Las Vegas odds turn sharply to predict a Biden victory in the fall
What were the odds on Trump and Hillary on the morning of election day in 2016?
Formerly Adytum/Builder of the Adytum/Tekton
Anonymous Coward
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06/26/2020 03:33 PM
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Re: Las Vegas odds turn sharply to predict a Biden victory in the fall
Trump landslide incoming.
Moses Born Again in L.A.

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06/26/2020 03:34 PM

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Re: Las Vegas odds turn sharply to predict a Biden victory in the fall
...THE ACE OF [email protected] WIKIPEDIA "FASCISM"...hitler
Moses Born Again in L.A.
Builder of the Adytum
Tektonic

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06/26/2020 03:34 PM

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Re: Las Vegas odds turn sharply to predict a Biden victory in the fall
June 22, 2016


Hillary -320

Trump +260

[link to www.oddsshark.com (secure)]
Formerly Adytum/Builder of the Adytum/Tekton
Builder of the Adytum
Tektonic

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06/26/2020 03:35 PM

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Re: Las Vegas odds turn sharply to predict a Biden victory in the fall
Learn from history, op.
Formerly Adytum/Builder of the Adytum/Tekton
chuckles45

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06/26/2020 03:37 PM

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Re: Las Vegas odds turn sharply to predict a Biden victory in the fall
coolstory
Idealism is a wonderful thing, as long as you have someone rational to put it to good use.
Anonymous Coward
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06/26/2020 03:38 PM
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Re: Las Vegas odds turn sharply to predict a Biden victory in the fall
The bookies got it right last time just sayin'
Anonymous Coward
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06/26/2020 03:39 PM
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Re: Las Vegas odds turn sharply to predict a Biden victory in the fall
What complete deep state bullshit. Biden is senile.
Anonymous Coward
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06/26/2020 03:43 PM
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Re: Las Vegas odds turn sharply to predict a Biden victory in the fall
Bettin the Come Line OP?
1-2-Follow

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06/26/2020 03:44 PM

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Re: Las Vegas odds turn sharply to predict a Biden victory in the fall
sounds like its time to put some money on trump!
My team color isn't red or blue. It's GOLD.

Truth is schilling in the empire of retards.

"Yep but for now we dub you toast guy." - AC520845

*PROCLAIMED PROPHET OF THE DOW* ®

Let me know when the climate STOPS changing, then i'll be worried.
Builder of the Adytum
Tektonic

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06/26/2020 03:44 PM

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Re: Las Vegas odds turn sharply to predict a Biden victory in the fall
If we could bet on here, I would be happy to take some of that libtard money, dammit.
Formerly Adytum/Builder of the Adytum/Tekton
Anonymous Coward
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06/26/2020 03:47 PM
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Re: Las Vegas odds turn sharply to predict a Biden victory in the fall
Trump landslide incoming.
 Quoting: Anonymous Coward 68224088


And you base your prediction on what?
Anonymous Coward
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06/26/2020 03:48 PM
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Re: Las Vegas odds turn sharply to predict a Biden victory in the fall
Only dirt bags gamble.
Anonymous Coward
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06/26/2020 03:57 PM
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Re: Las Vegas odds turn sharply to predict a Biden victory in the fall
Trump’s Odds to Win 2020 Election Fall to +135, Trails Biden by Double-Digits in Numerous Polls

The good news for President Donald Trump is that Tuesday, November 3rd, is still 131 days away. The bad news is that he has a massive amount of work to do.

Multiple polls conducted over the last week show the incumbent trailing Democratic challenger Joe Biden by at least ten points: a NY Times/Siena poll from June 24th put Biden up 14 points. A Harvard/Harris poll from June 23rd showed Biden at +12. Even a FOX News poll from June 18th had Biden up 12 points.

For the fourth straight week, Trump’s reelection odds got worse, this time by a fairly significant amount.

Four days ago on June 21st, Trump’s odds to win the 2020 General Election were +123 (44.8% implied probability). Today, he checks in at +135 (42.6%).

Meanwhile, Biden’s odds improved from -145 (59.2%) all the way to -159 (61.4%).

Subtracting the juice – and assuming no other candidates have a measurable chance of winning – the true odds are -144 for Biden (59.04%) and +144 for Trump (40.96%).

Going back less than a month to May 28th, the odds were nearly flipped for the two candidates. On that date, Trump was a -132 favorite, on average (56.9%). Biden trailed at +112 (47.2%), per SBD’s 2020 Election Odds Tracker.

Over the last four weeks, the trackers has been updated six different times. Each time, Trump’s odds have gotten worse, falling from -132 to -130 to +101 to +108 to +113 to +123 and now to +135.

[link to www.sportsbettingdime.com (secure)]
Anonymous Coward
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06/26/2020 03:59 PM
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Re: Las Vegas odds turn sharply to predict a Biden victory in the fall
They know its rigged.

I support Trump. I have a feeling he will lose. This is all coordinated.

The fork in the road will be here in November. It will be interesting to see which direction we head after they clearly dteal the election and we have Hollow Joe as the Emptiest Suit ever to ever sit in the oval office.
Anonymous Coward
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06/26/2020 04:00 PM
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Re: Las Vegas odds turn sharply to predict a Biden victory in the fall
Wow, check out the RCP betting odds chart over time:

[link to www.realclearpolitics.com (secure)]

A month ago the odds were Biden 42.0 and Trump 54.4

Today it is Biden 58.9 and Trump 37.3
Dalek Uno
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06/26/2020 04:01 PM
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Re: Las Vegas odds turn sharply to predict a Biden victory in the fall
All nice and dandy, but here in the European Union such things are banned...
Centurionx

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06/26/2020 04:03 PM

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Re: Las Vegas odds turn sharply to predict a Biden victory in the fall
June 22, 2016


Hillary -320

Trump +260

[link to www.oddsshark.com (secure)]
 Quoting: Builder of the Adytum


Says it all right there wink
Hmmmm...
Builder of the Adytum
Tektonic

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06/26/2020 04:04 PM

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Re: Las Vegas odds turn sharply to predict a Biden victory in the fall
JoeMaduro
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Anonymous Coward
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06/26/2020 04:05 PM
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Re: Las Vegas odds turn sharply to predict a Biden victory in the fall
So that means Trump wins I guess. I followed all the betting sites last time and they said Diaper Hillary was the prez.
Anonymous Coward
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06/26/2020 04:06 PM
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Re: Las Vegas odds turn sharply to predict a Biden victory in the fall
Wow, check out the RCP betting odds chart over time:

[link to www.realclearpolitics.com (secure)]

A month ago the odds were Biden 42.0 and Trump 54.4

Today it is Biden 58.9 and Trump 37.3
 Quoting: Anonymous Coward 79076946


So let me guess. The TrumpBots here will say the odds were correct last month when the odds were on Trump. But now that the odds are against Trump, the odds are not correct.
Anonymous Coward
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06/26/2020 04:32 PM
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Re: Las Vegas odds turn sharply to predict a Biden victory in the fall
So the betting odds have swung well against Trump's re-election.

[link to www.realclearpolitics.com (secure)]

All of the national general election polls have Biden winning.

[link to www.realclearpolitics.com (secure)]

All of the national job approval polls have Trump underwater, mostly in double digits.

[link to www.realclearpolitics.com (secure)]

But that's ok. All of them are rigged and fake and Trump's betting odds are actually in his favor, he is actually double digits ahead in the general election and his job approval is actually 80%. Trust me. No need to do anything and nothing to worry about. Just sit back, relax and Trump will cruise right in for a landslide victory. For sure. 100%
Anonymous Coward
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06/26/2020 04:37 PM
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Re: Las Vegas odds turn sharply to predict a Biden victory in the fall
The bookies got it right last time just sayin'
 Quoting: Anonymous Coward 77192571


Yep, this one if from 2016:

Thread: Trump favourite with bookies - odds on
xemomorph

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06/26/2020 04:42 PM

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Re: Las Vegas odds turn sharply to predict a Biden victory in the fall
What complete deep state bullshit. Biden is senile.
 Quoting: Anonymous Coward 79076786


Biden will do as he's TOLD....
xemomorph
Anonymous Coward
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06/26/2020 04:47 PM
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Re: Las Vegas odds turn sharply to predict a Biden victory in the fall
There is a reason gun sales are soaring and ammo is sold out. The window is closing and the gun "nuts" can feel it and smell it. Plan on a democrat in the W.H. and get your goodies sooner ,rather than later.
Anonymous Coward
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06/26/2020 04:49 PM
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Re: Las Vegas odds turn sharply to predict a Biden victory in the fall
Learn from history, op.
 Quoting: Builder of the Adytum


Please take the BG out of your sig. It makes looking for responses very difficult. Or just make it a different color maybe?





GLP