Joe Biden Becomes 46th US President as Betting Market Goes Berserk

Submitted by Gilbert Horowitz on

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Gilbert Horowitz

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Joe Biden Becomes 46th US President as Betting Market Goes Berserk

Former Vice President Joe Biden has become the 46th US President following a contentious race that saw betting odds shift drastically in sitting US President Donald Trump's direction after three swing states showed him leading Election night.

By Wednesday morning Wisconsin, Michigan and Pennsylvania began counting mail-in ballots that overwhelmingly favored Biden.

Betting markets at one point had Trump favored over -400 during live in-play action.

But in the end, BetOnline and other wagering sites had it right.  BetOnline offered Biden at a price between -180 and -200 the week's and hours leading up to the Election.

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