Trump Reelection Odds: Is It Worth Betting on Donald?
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The 2020 Election Day is not far ahead and the Trump Reelection Odds do not look that great for the current President. For the bettors, however, they seem to carry a lot of value. Although he’s a major underdog against Joe Biden, the odds of Trump winning in 2020 are definitely better than they were four years ago. When he squared-off with Hilary Clinton, Donald’s odds were as bad as +550.
Trump managed to upset the odds in 2016, the big question is can he pull it off once again. According to FiveThirtyEight (538), a leading polling site, such a scenario is very unlikely to happen. Still, if you believe Donald will stay in the White House for another term, the Trump Reelection Odds can bring you some nice money.
Trump Reelection Odds
| Trump 2020 Odds | Biden 2020 Odds |
| +155 | -175 |
Before you rush to bet on the US Presidential Election, make sure that such a thing is legal in your jurisdiction. Betting on all prop bets, including politics, is banned in sportsbooks on US soil. However, people from other parts of the world, such as the UK or those based offshore, have this luxury.
How the Trump 2020 Odds Have Been Changing
Before the start of the COVID-19 pandemic, Donald Trump was the favorite to win the 2020 Election. Since then, his chances have dropped significantly. It seems that the voters did not appreciate the way he handled the situation. Throughout the crisis, Trump Reelection Odds have been getting longer and longer, suffering a serious blow when it was announced he’s contracted the coronavirus himself.
However, it’s not only the pandemic that’s been ruining his chances of winning the reelection. We saw the 2020 election odds moving drastically every time he tweeted about the Black Lives Matter movement, the Antifa, the deals with China, the Mexico Wall, and so on.
Even his pre-pandemic odds need to be taken with a pinch of salt. In February, he was the favorite for winning the election at -110. However, back then, the Democrats hadn’t yet picked their candidate. In fact, there were several names in the conversation, including Bernie Sanders, Kamala Harris, Alexandria Ocasio-Cortez, and even the New York Governor Andrew Cuomo. At the time, the odds on Joe Biden becoming the next President were as bad as +2000.
Should You Bet on Trump Odds to Win Reelection?
This time, four years ago, everyone thought America was going to get its first female President, but then Donnie ruined the party for the Democrats. Drawing from the experience from 2016, some bettors are considering putting their money on the reelection. The Trump 2020 odds look tempting to a bettor, but his chances of winning look pretty slim. Betting on him to get reelected seems like throwing away money.