Trump vs. Harris: The Latest Betting Odds on the 2020 Presidential Election

Introduction

With the 2020 presidential election just around the corner, the betting odds on the outcome are closely watched by political pundits and bettors alike.

Two of the frontrunners in the race are former Vice President Joe Biden and incumbent President Donald Trump.

In this article, we will take a look at the latest betting odds on Trump vs. Harris and provide some tips on how to bet on the election.

The Betting Odds

As of July 20, 2020, Biden is the clear favorite to win the election, according to betting odds from several major sportsbooks.

Table 1: Betting Odds on Trump vs. Harris

As you can see from the table, Biden is favored to win by a margin of approximately 2.5 to 1. This means that if you bet $100 on Biden, you would win $40 if he wins the election. Conversely, if you bet $100 on Trump, you would win $210 if he wins the election.

Factors Affecting the Betting Odds

Several factors can affect the betting odds on the presidential election, including:

• Polls: The betting odds are often based on the latest polls, which measure the popularity of the candidates among voters.
• Fundraising: The amount of money that a candidate raises can also affect the betting odds. Candidates with more money can afford to spend more on advertising and campaign staff, which can give them an advantage in the election.
• Endorsements: Endorsements from prominent figures can also affect the betting odds. Candidates who are endorsed by well-respected leaders are often seen as more credible and electable.
• Recent events: Recent events, such as debates or scandals, can also affect the betting odds. For example, if a candidate performs well in a debate, their betting odds may improve.

How to Bet on the Election

If you are interested in betting on the presidential election, there are several ways to do so. You can bet online at a sportsbook, or you can bet in person at a casino or racetrack.

When you bet on the election, you will need to choose a candidate and a bet type. The most common bet type is the moneyline bet, which is simply a bet on which candidate will win the election. You can also bet on the spread, which is a bet on how many electoral votes a candidate will win by.

Tips on Betting on the Election

Here are a few tips on how to bet on the presidential election:

• Do your research: Before you bet on the election, be sure to do your research and understand the factors that can affect the outcome.
• Shop around: Compare the odds from different sportsbooks before you place your bet.
• Manage your bankroll: Only bet what you can afford to lose.
• Don't chase your losses: If you lose a bet, don't try to chase your losses by betting more money.

Conclusion

The betting odds on the 2020 presidential election are closely watched by political pundits and bettors alike. Biden is the clear favorite to win the election, but Trump still has a chance of winning if he can pull off an upset.