Trump overtakes Biden as favorite to win in November
(Reuters) – U.S. President Donald Trump has overtaken Democratic opponent Joe Biden to stand while the favorite to win the 2020 U.S. Presidential election on Europe based betting exchange Betfair, the exchange mentioned on Wednesday.
Trump’s odds, reflecting wagers matched on the peer-to-peer betting network, stood at evens, Betfair Exchange stated, versus 21 20 for Biden.
Betfair Exchange claimed 4 bets of over 10,000 weight ($13,362) ended up being positioned on the wedge overnight, of which three had been on Trump, while the biggest stake of the campaign so much, a 50,000 pound choice, was positioned on the Republican nominee over the weekend.
These bets in part aided Trump to bring the lead, after being neck-and-neck with Biden earlier this week, doing an extraordinary curing in the betting areas.
“In August, Trump had the most awful odds for re-election of any sitting President in defeat and history to Biden was searching more and more likely,” Darren Hughes, spokesperson at Flutter Entertainment unit Betfair Exchange, claimed.
A Reuters/Ipsos national viewpoint poll on Wednesday showed forty % of registered voters guidance Trump, compared with forty seven % that said they are going to vote for Biden.
Biden’s lead is essentially the same with the prior 3 weeks, during what each of those people held conventions to nominate their applicants Biden and Trump for the presidency.