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2020 United States Election Betting Odds & Picks
First things first, we're not here to add fuel to the fire that is American politics. After all, the news and social media already does a great job at that. This article isn't about picking sides between left and right, Democratic or Republican, and so forth.
Instead, we're here to help you spot the political betting trends that might decide the 2020 Presidential Election (that's sooner than most realize). Moreover, we'll do all of this without a hint of bias. Raise your hand if guessed a sports betting site would be the last form of honest, non-partisan dialect?
Anyway, Bovada is your best bet to find up-to-the-minute politics betting odds, including the three wagers below:
US Presidential Election — Democratic Nominee
Here's the five candidates that Bovada is pegging with the best odds to oppose Donald Trump in the 2020 election (italics denotes politicians that have officially entered the Democratic race):
- Bernie Sanders (+350)
- Kamala Harris (+350)
- Beto O'Rourke (+400)
- Joe Biden (+550)
- Andrew Yang (+900)
Again, we're not here to pick apart policies. Honestly, do people even vote based off that anymore? Image and personality seem to be the prevailing factor in who wins and who doesn't.
Knowing that there are two names in the above list that already have a rabid fan base — Sanders and Biden. Harris, O'Rourke, and Yang have a long ways to go before their known on a last name basis like the aforementioned two.
Sanders could've and should've been the 2016 nominee if not for an inside job by the Democratic National Committee as uncovered by WikiLeaks. That move backfired on the DNC, but added to the existing fanfare Sanders enjoys. As Trump's eventual victory proved, the American public wants out-of-the-box ideas and dynamic personalities. Sanders fits that bill with policies that support tuition-free college, Medicare for all, and $15 minimum wage, among others.
The wildcard here is former Vice President Biden. He hasn't officially thrown his name in the hat, but many believe he will. If he does, watch out. Early polls almost universally have Biden as the Democratic frontrunner, just edging out Sanders.
More than anything, the Democrat's hopes hinge on winning back the "Rust Belt" region of the country — many of which flipped to Trump in 2016. Biden, who was born in Pennslyvania, offers its best chance.
Take Biden's Midwestern roots, plus his experience as Vice President, and you have the perfect candidate to oppose Trump. Despite not officially declaring, Biden is the go-to betting choice here. Though, some backup money on Sanders would be wise, too, in the event Biden gets cold feet (which we doubt, but you never quite know).
Pick: Joe Biden (+550)
US Presidential Election — Winning Party
The 2020 Presidential Election odds is a coin-toss. Per Bovada, the Democrats are the slight favorites at -150 to win the 2020 election. Led by the incumbent Trump, the Republicans are +120 to go back-to-back.
Speaking of repeat victories, that's been a long trend in Presidential elections, dating back centuries. Since all the way back in 1900, 20 presidents have run for re-election. Of those, a staggering 15 won second bids.
In recent memory, only George H. Bush failed at back-to-back terms. Since his shortcoming in 1992, it's been a familiar tune with Bill Clinton, George W. Bush, and Barrack Obama all staying in office for the full eight-year limit.
That's a lot of history to go against, hence why Trump is our choice (for now). In reality, you might want to wait on making this bet until the Democratic primaries are over next June. It's hard to bet with the Democrats in this case without knowing its official candidate.
Pick: Republicans (+120)
US Presidential Election — Winning Candidate
As of today, here's the candidates with best odds to be POTUS come 2021, per Bovada:
- Donald Trump (+230)
- Bernie Sanders (+600)
- Kamala Harris (+600)
- Joe Biden (+700)
- Beto O'Rourke (+1000)
If we're being honest, the biggest threat to a second Trump term isn't any Democratic opponent or even a possible impeachment due to Russia interference in 2016. No, actually Trump's biggest foe is the state of the US economy.
The fact of the matter is the American economy has absolutely soared during Trump's tenure. Now, that may or may not be because of Trump and his policies, but it's hard to lose favor with voters when the country is enjoying never-before-seen riches.
However, what if there's a recession, as economist after economist predicts will happen before 2021? If so, forget about a Trump re-election. He will, fairly or unfairly, receive the lion's share of blame for the collapse, thus losing his biggest bargaining chip.
Of course, there's no telling if this recession will actually happen, little less when. Due to that volatility, you're safer betting on both sides.
Trump, with his history-backed incumbent advantage, definitely deserves a bet. However, so does a Democratic nominee. We've already made our case for Biden, so no need to repeat ourselves.
Pick: Trump (+230) and Biden (+700)
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