The coronavirus is officially over. But now, the Vegas election odds are really starting to sway.
Due to the events of last Monday and the summary protests and riots throughout America, the anti-trump mainstream narrative seems to be having more effect on the general public.
While the Commander in Chief is not responsible for these events – and has limited power to quell the violence associated with them – Donald Trump is suffering politically in the polls and on the odds boards.
In just two days, Joe Biden has experienced a 70-point swing at BetOnline Sportsbook. Trump was trending steadily at -130 to Biden’s +110, but now, Biden is at -130 with Trump falling to even odds (+100).
So far, this is the biggest shakeup on the 2020 political betting boards, and while it could be a new trend, it’s more likely to be a temporary blip.
For Trump bettors, the time to wager is now, and Biden bettors will almost certainly get more bang for their buck by sitting in the basement for a few weeks before pulling the trigger and firing two blasts on the betting boards.
2020 Presidential Election Odds
Via BetOnline
- Joe Biden -130
- Donald Trump +100
- Hillary Clinton +1600
- Andrew Cuomo +5000
- Michelle Obama +7500
- Mike Pence +10000
- Mark Cuban +12500
- Elizabeth Warren +15000
- Nikki Haley +15000
At Bovada and MyBookie, Donald Trump Vegas odds still show that he’s favored to win the election, but the riots in major cities nationwide have certainly boosted Biden’s chances at each sportsbook.
2020 US Presidential Election Winner
Via Bovada
- Donald Trump -115
- Joe Biden +105
- Hillary Clinton +4000
- Andrew Cuomo +8000
- Michelle Obama +8000
- Mike Pence +8000
- Nikki Haley +15000
2020 Presidential Election Winner
Via MyBookie
- Donald Trump -145
- Joe Biden +100
- Hillary Clinton +3000
- Andrew Cuomo +6000
- Michelle Obama +6000
- Mike Pence +8000
- Nikki Haley +15000
For Biden voters, this is, of course, good news. But for Biden bettors, it means that your payout potential on Creepy Joe is about as low as it’s been for the entire 2020 Presidential election cycle.
If you want to put some jack on Joe, our advice is to wait this one out. Biden’s odds are extraordinarily volatile right now, but they should settle to normalcy within a week or two. The November general is still a long way off, after all.
That said, the reverse is also true.
Trump’s reelection chances took a big hit with these nationwide George Floyd riots (despite being universally demonstrated in traditionally Democratic cities – go figure!), but the value on his payouts are the best you’re likely going to see this cycle.
If you believe the POTUS is the true Teflon Don and that he’s going to win a second term in office, now is the best time in the last three years to bet on Trump to emerge victorious.
There are other political props related to the general election that have also been turned end over end by the events of the past week, and they represent even better chances to make good money for those who believe that Trump will win the general.
Interestingly, despite Trump still trending well at MyBookie, the site has this line in play:
Donald Trump Election Special
- To Lose Electoral College & Popular Vote +105
- To Win Electoral College, Lose Popular Vote +185
- To Win Electoral College & Popular Vote +200
- To Lose Electoral College, Win Popular Vote +1500
BetOnline has a similar prop, but the payout is even better for those predicting a Trump victory:
Donald Trump Election Special
- To Lose Electoral College & Popular Vote +115
- To Win Electoral College, Lose Popular Vote +210
- To Win Electoral College & Popular Vote +225
- To Lose Electoral College, Win Popular Vote +1600
Since a Trump win in November would almost certainly come with his losing the popular vote (as was the case in 2016), it makes good sense – and dollars! – to wager on these Vegas election specials instead of on Trump straight up.
As the politicians say, “Never let a crisis go to waste.”
As political bettors ourselves, this is the best advice we can offer during these tumultuous times.