US Election Odds: Biden shortens after fiery debate but bettors still back Trump

First blood to Joe Biden, but punters are still piling in on Trump.

Biden Trump

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UPDATE: Paddy Power suspended betting on the US Election once we were aware of the news that President Trump had tested positive for Covid-19.

As the dust settles from the first chaotic presidential debate, odds of Joe Biden winning the 2020 election shortened overnight.

His odds fell slightly giving him a 62% chance of becoming President this year – while Donald Trump’s moved out from 6/5.

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Joe Biden US Presidential Election 2020

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Donald Trump US Presidential Election 2020

Trump is now odds on not to be re-elected and therefore longer to lose the popular vote but still be re-elected. It’s big odds that the state map is exactly the same as it was at the election in 2016.

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Trump NOT to be re-elected #WhatOddsPaddy - 2020 Presidential Election

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Trump to lose popular vote but be re-elected #WhatOddsPaddy - 2020 Presidential Election

However, despite Biden’s chances of winning falling overall, there has been a higher number of bets placed on Trump being re-elected since the debate finished.

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77% of our wagers taken since the start of the debate up to Wednesday morning were placed on Trump, compared to 23% on Biden.

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The state map to be exactly the same as it was in 2016 #WhatOddsPaddy - 2020 Presidential Election

It was hardly the kind of debate that made you glad you’d stayed up ‘til the early hours of the morning, but the fact that Biden seemed to get the first one out of the way without any major hiccups has seen his odds for the win shorten.

However, interestingly enough, despite the fact we cut the odds on him, many bettors overnight were still putting their hard-earned on Trump to win again.

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