A few weeks back the Democratic Party staged a second round of political debates among the top candidates to run for president in the 2020 election. The results of those debates did have an impact on Bovada’s political betting props covering the next US presidential election.
Joe Biden is once again the favorite to win the Democratic nomination at +250 odds after slipping a bit the last time the odds were updated. Elizabeth Warren remains a candidate on the move as a +300 second-favorite while Kamala Harris lost some ground to slip to third at +475 betting odds.
How Are The Democrats Losing Some Ground in Political Betting Odds?
Bernie Sanders would be fourth on that list at +700 followed by Pete Buttigieg at +800 to round out the top five contenders. While there are close to 30 additional names on this betting prop, the legitimate field of contenders could be down to the three candidates at the top of the list.
Following this latest round of debates, the Democrats did not help their cause as a party. They went from slight -120 favorites to win the presidential election to -115 co-favorites with the Republicans in what now would be considered a toss-up. The Republicans’ odds to win before those recent debates were set at -105.
Donald Trump remains the overwhelming favorite to win his party’s nomination to the point where that prop bet option is no longer on the board. Mike Pence was listed as a distant second-favorite for the Republicans when there were betting odds posted for the Republican nomination.
The updated prop bet odds to win the general election in 2020 still favor Trump at +100 even money. These odds have held their ground over the past month or so even with talk of impeaching the sitting president still on the table.
Joe Biden & Elizabeth Warren
Biden has been in the press lately for some questionable gaffs and mistakes on the campaign trail. Yet, he is still second on the list to win the general election at +500 odds. This is actually a slight improvement since earlier this month when he was third at +600.
Warren is also moving up the board in this prop as a +650 third-favorite to become the next president. She moved up from fourth place with betting odds of +800 a few weeks back. It will be interesting to see where both Biden’s and Warren’s numbers move in the coming weeks.
Is Trump Still Favored To Win The 2020 US Presidental Election?
Kamala Harris lost the most ground in this race coming off those recent debates. She went from +500 odds as a second-favorite to fifth on the current list at +1000 odds. Sanders is also at +1000 and Buttigieg is next at +1400. Once again, the odds fall off from there with a grocery list of names still on the betting board.
