The 2020 US Presidential Election could be the most profitable in the United States history as betting activity and wagers continue to rise.
The election takes place on the 3rd November 2020 and the build up has already witnessed a huge surge in people placing wagers on who will win.
Bookmakers across the US have already taken thousands of dollars in bets with tens of thousands being placed in a single transaction to back both sides of the political spectrum.
At present, challenger Joe Biden is the favourite to win the election, but odds are constantly fluctuating as events build on the campaign trail.
For example, the amount of money wagered on either Donald Trump or Joe Biden can greatly affect the odds and the recent Covid-19 scare on the President has undoubtedly had an impact.
However, there are still two Presidential Debates to come, which could significantly impact betting odds closer to Election Day and with an expected surge in betting patterns within the final 15-10 days, it could be too close to call for bookmakers.
In previous elections, bookmaker favourites have not necessarily matched the US polls or the final outcome of the Election.
Without a doubt this is shaping up to be a historic event in the midst of a difficult and challenging time for US citizens both economically and politically.
With the increase in legal sports betting services both online and in retail of late, bookmakers are experiencing high activity with even bigger spikes expected during the next Presidential Debate.
Latest US Presidential Election 2020 Odds
2020 Presidential Election Winner
Joe Biden: 1/2
Donald Trump: 13/8
Kanye West: 500/1
2020 Winning Party
Democrats to win control of House, Senate, and White House in 2020: 3/4
Donald Trump to win in any US state he did NOT win in 2016: 11/8
Donald Trump to be re-elected, but lose popular vote in 2020: 2/1
Republicans to win control of House, Senate, and White House in 2020: 4/1
Odds are average and correct at time of publishing.