Biden Maintains Election Odds Lead, Kanye Joins Race

President Donald Trump has enjoyed few political wins over the past two months, but after his odds to win the 2020 U.S. election dipped in five of the past six weeks, this incumbent underdog finally saw a slight uptick week over week from +140 to +135. At +135, Trump’s presidential odds match Joe Biden’s from May 6. So, it’s quite the script flip.

Speaking of the former vice-president, after his odds rose for six consecutive weeks, Biden fatigue may have hit backers as his odds dipped from -160 to -150 over the past six days.

The two-ring circus that is the upcoming U.S. election potentially added a third when rapper and business mogul Kanye West announced on July 4 that he would toss his proverbial hat in said ring. Whether or not he puts his money, time and energy where his tweet is remains to be seen, but he does have roughly four weeks to make a final decision. The two main sportsbooks we track, Sportsbook and Sportsbook, have Mr. West pegged at +6600 and +10000, respectively.

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2020 U.S. Presidential Election Odds Tracker

Amid a global coronavirus health crisis and turbulent stock market sessions, online sportsbook Sportsbook has had to move odds just as quickly as the news continues to come out. Please check our updated 2020 election odds tracker that shows how the presidential favorites’ chances to win have changed over the past few months.

Odds as of July 9 at Sportsbook

2020 Election: Poll Position

The conservative-leaning Rasmussen reported earlier this week that their first White House Watch survey learned President Trump trails Joe Biden by 10 points. The telephone and online survey found that 50 percent of likely U.S. voters back Biden compared to just 40 percent for incumbent Trump. The polling outlet also indicated that Trump’s daily approval rating has been negative double digits for 13 of the past 14 days. By comparison, Trump’s approval rating was negative single digits at the height of the coronavirus pandemic back in March.

Polling data tracked by FiveThirtyEight has Biden leading by 9.6 percentage points and that the former vice-president’s lead is stable with whispers of “verge of a landslide” starting to brew.

2020 Election: Candidate Kanye

Several days after tweeting his intention to run for presidential office, Kanye West took part in a four-hour interview with Forbes.

Despite the admitted lack of focus between interviewer and interviewee, West acknowledged that he’s taking off his red “Make America Great Again” hat and distancing himself from friend President Trump in this bid to win the White House. Why the break from Trump?

“I don’t like that I caught wind that he hid in the bunker,” West told Forbes, referring to when violent clashes occurred outside the White House front gates.

Whether West sticks to his presidential aspirations is becoming less likely after reports surfaced that he may be experiencing a bipolar episode.

Odds as of July 9 at Sportsbook

Odds as of July 9 at Sportsbook

2020 Election: More Political Prop Bets

While Donald Trump won the 2016 Electoral College vote in a landslide, 304-227, Hillary Clinton won the popular vote by nearly three million votes. Bookmakers believe the Democratic presidential candidate wins the popular vote again in a landslide.

Odds as of July 9 at Sportsbook

Since Biden established himself as the Democratic front-runner, odds are out on who his running mate will be. During the last debate, the former vice-president pledged to nominate a woman as his running mate.

While Kamala Harris remains a heavy favorite to earn the nomination at +105 this week, just look at how much odds movement there has been over the past month. Susan Rice enjoyed the most dramatic rise up on the vice-presidential candidate oddsboard.

Odds as of July 9 at Sportsbook, while *April 22 are Sportsbook.

Popular Vote vs Electoral College Vote Odds

Take a look at the updated odds from Sportsbook on what’s going to transpire with both the popular vote and the Electoral College this time around.

The Dems are up to -800, from -400 last month, to win the popular vote after weeks stuck at -275, with the Republicans coming back as +460 underdogs.

For months, the likeliest election result for Trump had been that he’d win the Electoral College and lose the popular vote as he did in 2016. After six straight weeks at +140, the most likely scenario is Trump to lose both the Electoral College and popular vote at -170.

What’s striking is the gap between -170 to lose both electoral and popular and +200 to win electoral and lose popular. So, if you believe Trump wins this year’s election in a landslide, there is great value in that wager.

Odds as of July 9 at Sportsbook 

Odds as of July 9 at Sportsbook

Odds as of July 9 at Sportsbook