Political Betting: Biden And Harris Favorites To Win US Election

Owned and operated by ABC News, FiveThirtyEight is a leading website that focuses on opinion poll analysis, politics, economics, and more. They recently released a poll in which Joe Biden, since announcing Kamala Harris as his running mate, has a whopping 71% chance of beating President Donald Trump in the election later this year. 

“While it’s clear that Biden is comfortably ahead of Trump right now - nationally and in most battleground states - the forecast shows Trump with a meaningful chance of winning because there’s still plenty of time for the race to tighten,” FiveThirtyEight said in a statement. 

If you recall, Hillary Clinton also had a formidable lead according to the polls, but, FiveThirtyEight also stated that “Biden’s lead over Trump has already topped Clinton’s post-convention peak,” and “Biden also enjoys more overall support than Clinton."

With a little more than two months before the election, most political analysts and pollsters are already giving the win to Biden. They say that the sheer size of the former VP's lead, together with the data suggesting that Trump trails in many of the swing states are evidence that there will be a new President after the elections. 

Trump has put all his cards in the "jobs" pot, which has been a terrible mistake with the Novel Coronavirus Pandemic reaping havoc on the entire globe, with the US it harder than any other country in the world. 

If Biden wins, he would be the oldest president ever, which also makes it unclear if he would seek re-election in 2024. Biden's choice of Harris, the first-ever Black woman and first Asian American on the presidential ballot, is the daughter of two immigrants, her father from Jamaica and her mother from India. 

US Election Odds

Bookmakers have already been eager to offer pre-election odds for November 3, with Biden at 1.71 and Trump at 2.20 at bet365 Sports. All of the biggest bookmakers in the world are offering election odds and they may change as the parties' campaigns heat up. 

The odds mentioned in this article were accurate at the time of its writing, August 17 at 9:45 GMT.