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For the first time since Donald Trump became President of the United States, the Democratic party is no longer favored to take back the White House in 2020.
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Dave Mason of BetOnline, one of the largest online sportsbooks serving the US market place, revealed via a tweet Thursday.
Interesting...
— Dave Mason (@DaveMasonBOL) July 11, 2019
2020 Election now a pick 'em
Republicans -110
Democrats -110
Dems have been favored since Trump took over. No longer.
64% of the early bettors believe the Republicans repeat.
Odds> https://t.co/vZ4T1zZNFN
The shockwaves could be felt throughout the political betting sphere early Thursday.
In terms of actual candidates, Trump (-110) is favored six points ahead of Kamala Harris (6/1) and nine points ahead of Elizabeth Warren (9/1) to win back the Presidency. Presumptive Democratic nominee favorite Joe Biden came in at 12/1 odds.
A clear favorite it yet to emerge among the Democratic party, thus prompting Trump to enjoy a wide advantage over any other candidate in the field. His -110 odds, however, still offers excellent value despite the large cushion.
On Wednesday, businessman and political donor Tom Steyer entered the race at 50/1 odds. He's been given 100/1 odds as of Thursday, an indication that his inclusion has drawn little interest from the betting public.
- Gilbert Horowitz, Gambling911.com
