US Election Day(s): Odds and Betting Results
By
Nov 8, 2020
US Election Odds and Results: Odds were taken off the board on Friday mid-day, with the odds nearing -2200 for Biden to win the 2020 Election. Less than 24hrs later, the major American news networks called the election in favor of Joe Biden, who will be the 46th US President.
- All Odds via Bet365 International Properties: Updated on 11/8/20 at 4:45 AM EST.
2020 Election Odds and Results
Paths To Victory
While key race states like Arizona, Georgia and North Carolina are still too close to call. Former Vice President Joe Biden picked up a sizable margin in Pennsylvania on Saturday afternoon, forcing the decisions desks within the major media outlets to call the election for Joe Biden. With Biden taking Pennsylvania, President Trump has no more path to 270 votes. Arizona, Georgia and North Carolina could all be turned to red states, and it would still not give Trump enough electoral votes to get to 270.
Popular Vote Percentage Odds and Results
Based on the betting odds via Bet365. Trump was favored at +170 to get 43-45.99% of the popular vote, while Biden was favored at +175 to take 52-54.99% of the vote. Trump exceeded his margin and will likely cash at +240 to win 46-48.99% of the vote. Meanwhile, Joe Biden didn’t quite reach the expectations of the oddsmakers, only so far reaching 50.6%.
Popular Vote Tally Odds and Results
It took five days of counting, but the chalk has come in on both sides of the floor on this prop. Biden reached Over 70 million votes as of Thursday, cashing at the hefty price of -600, while President Trump took the long route, and crossed the threshold early Friday morning.
States Won by Party Odds and Results
Joe Biden will likely cash at +300 to win 26-27 states, the most probable prop on the board based on the betting line. While Arizona and Georgia are still too close to call, all signs are pointing to the former VP picking up both of those states are turning them blue for the first time in decades. President Trump fell short of the favored lined of ’30 States or More’ currently holding just 23, plus Maine’s 2nd congressional district.
Electoral College Odds and Results
Donald Trump will likely reach over the betting total of 227.5 electoral college votes, with North Carolina and Alaska giving him a final total of 232. Joe Biden will likely finish with 306, falling just short of the betting total of 310.5.
Electoral College Odds Projections
via 270ToWin
Underdogs: Based on the Odds projections, Joe Biden was projected going into the election on Tuesday morning to reach the 270 threshold, and win by a tally of 279-259. However, things changed throughout the week. Trump started the election week off on a roll, and was a heavy -600 favorite to win the election headed into Wednesday morning. However, the tide began to shift in states like Arizona, Wisconsin, Michigan, Pennsylvania and Georgia. Biden cashed as an underdog in Georgia, reaching as high as +300 at points during the first 24hrs of election results. While Biden began the week as a resounding favorite in states like PA and AZ. He had to rally back from a deep deficit created by in person ballots being counted first. As the week went on, the live betting odds swayed back heavily towards Biden, and the projection of 279 became very real as of Saturday afternoon. However, with all things considered, it looks like Biden and the Democrats will pass 279, and finish this election with 306 electoral college votes.
Election Results and Odds by State
Arizona, Georgia, Alaska and North Carolina all remain too close to call. When odds were taken off the board on Friday, Arizona and Georgia were heavily favored to turn blue. While North Carolina was just as favored to stay red.
Election Odds: Results by State
- All Odds via Bet365 International Properties: Updated on 11/8/20 at 4:45 AM EST.
Although all the major American media outlets, as well as oddsmakers around the world have declared Joe Biden the President-Elect. Current President Donald Trump is attempting to take allegations of ballot fraud to the highest courts in the land, to try to overturn the election results. This is important to bettors, because some bookmakers graded their bets based on media projections, while other offshore markets don’t grade the bet as a win or loss until the election is fully complete, and endorsed by the electoral college on December 14th. It could be a rocky road for bettors who are going to have to wait until this process to play out.