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Oddsmakers at BetDSI.com, like a lot of books, have U.S. President Donald Trump getting re-elected in 2020. A +150 odds, Trump would pay out $15 for every $10 bet. The next shortest odds, on Senator Kamala Harris (CA), would pay out $80 for every $10 bet.
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2020 U.S. Presidential Odds
Donald Trump: +150
Kamala Harris: +800
Elizabeth Warren: +1,000
Joe Biden: +1,200
Bernie Sanders: +1,200
Mike Pence: +1,600
Michelle Obama: +2,000
Celebrity, Business Mogul Odds
"Oddsmakers utilize their knowledge of a subject matter, and then they perform due diligence in researching the matter in order to collect current and relevant data," Scott Cooley, spokesperson for BetDSI, explains to CNBC Make It. "These two steps allow them to create a base number. From there, they adjust the odds based on how they think the betting community will react to the odds.
"For example, if they think a presidential candidate deserves +1000 odds (or 10/1 odds) but this candidate is very popular with the public, they then may adjust the odds down to +800 (8/1) because they anticipate a lot of wagers to be placed on that candidate," he adds.
- Gilbert Horowitz, Gambling911.com
