UK bookmakers have cut Joe Biden’s odds of winning the 2020 US presidential election again as he gains support across the US following election day.
Bookmakers have once again declared Joe Biden as their favourite to win the 2020 US presidential election after an intense night in the US.
At the moment Biden has secured 224 of the 270 electoral college votes needed to win the presidency while Donald J. Trump currently has 213 votes.
With an 11 vote gap between the candidates, Biden is currently the bookies favourite to win the US presidency with Betfair and Unibet pricing a Biden victory at 1/5. Sky Bet, PaddyPower and Bet365 are offering odds of 2/9 for Biden to win.
Trump, however, has seen his odds rise significantly from yesterday where he managed to close the gap between him and his opponent.
Unibet has a Trump victory priced at 13/4 while Sky Bet has priced four more years of Trump at 3/1. Paddypower has also increased its odds to 10/3 for a Trump presidency.
Nine states to go
Although Biden currently holds a double-digit lead on the current president, ballots in nine states still need to be counted which means that anything can happen.
Wisconsin, Michigan, Georgia and Arizona are expected to have their results counted by the end of the day, while Pennsylvania’s votes should be counted by Friday 6 November. Whereas Nevada and Alaska have until Tuesday 10 November to count their postal votes and North Carolina has until Thursday 12.
Several bookies are still taking bets on who will win these hotly contested states that can dramatically impact the outcome of the election.
The bookies predict Biden to win Pennsylvania with Sky Bet and Unibet pricing the outcome at 4/9 and PaddyPower offering odds of 4/7. The odds of Trump winning the Keystone state are far off with Sky Bet, PaddyPower and Unibet offering odds of 13/8, 5/4 and 6/4 respectively.
It looks like Biden will also win Michigan with the outcome priced at 1/12 at Sky Bet, 1/10 at PaddyPower and 1/14 at Unibet. It is unlikely that Trump will win Michigan with PaddyPower and Unibet pricing the outcome at 5/1.
The bookies also think Biden will steal Wisconsin with Unibet and PaddyPower setting the odds at 1/18. The chances of Trump taking Wisconsin are slim with Sky Bet and PaddyPower pricing a Trump-held Wisconsin at 7/1.
It looks like it will be a closer call in Georgia with a Trump victory priced at 4/7 at Sky Bet and PaddyPower. The two operators have set the odds of Biden winning Georgia at 5/4.
Trump looks poised to secure the votes in North Carolina with Sky Bet offering odds of 2/9 and Unibet offering odds of 1/4 for Trump to win the state. Alternatively, Sky Bet and Unibet have priced a Biden victory in North Carolina at 3/1 and 11/4 respectively.
US election drama
Earlier today, Trump made allegations of fraud without offering evidence and falsely claimed that he had already won the election and that officials should stop counting the votes.
Biden’s campaign described Trump’s statement as “outrageous” and added that the “counting will not stop” until every single vote has been counted.
Trump’s campaign manager Bill Stepien told reporters today: “The Democrats are pushing to count late ballots. Why? They know, and we know, that if we count all legal ballots.”
Stepien said that according to the Trump campaign’s own figures, Trump appeared on course to win Arizona by 30,000 votes, Pennsylvania by 40,000 votes and Nevada by 55,000 votes.
However, Biden’s team released their own estimates indicating that they see a path to victory.
Biden’s campaign manager Jen O’Malley Dillon said: “We are on track to win in Michigan by more than Donald Trump did in 2016. To win in Wisconsin by more than Trump did in 2016. To win in Pennsylvania by more than Trump did in 2016. And we flipped one of his states, Arizona.”
It is still not clear how both campaigns reached their projected figures and it is not possible to verify their validity.
Although Biden holds a lead, the outcome of the election hinges on the key swing states mentioned above and at this moment in time, there is no clear winner of the election.