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4 Nov, 2020 02:53

Betting markets appear to favour Trump over Biden after giving 50-50 odds earlier

Betting markets appear to favour Trump over Biden after giving 50-50 odds earlier

US President Donald Trump’s odds of winning reelection appear to have improved dramatically as the night progresses, with betting market predictors shifting away from Democrat challenger Joe Biden.

Trump is now the betting favorite to win for the first time since September 2, according to OddsShark.

Earlier, Smarkets gave Trump and Biden both a 50-50 chance of winning, a dramatic change from previous charts showing Biden way ahead.

Trump began Tuesday night as the underdog, but his odds have continued to improve after early calls that Florida would break his way, though that result has not been officially announced by all mainstream media outlets.

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