Trump vs. Harris Betting Odds: A Detailed Analysis

The 2020 presidential election between Donald Trump and Kamala Harris is shaping up to be one of the most contentious in recent history. With the race still too close to call, betting markets are closely watching the odds to try to predict the eventual winner.

Betting Odds

As of today, Trump is the favorite to win the election, according to most major betting sites. At BetMGM, Trump is listed as a -135 favorite, while Harris is a +110 underdog. A bettor would have to wager $135 to win $100 on Trump, or $100 to win $110 on Harris.

Factors Influencing the Odds

Several factors are contributing to Trump's status as the betting favorite. Firstly, Trump is the incumbent president, which historically gives him an advantage in the polls. Secondly, the economy is performing well, which is typically seen as a positive factor for the incumbent party. Finally, Trump has a strong base of support among his Republican base.

However, Harris has her own strengths that could make her a contender in the race. She is a popular figure among Democrats and is seen as a potential unifier of the party. Additionally, she has a strong track record in government, having served as a senator and attorney general.

Historical Trends

It is important to note that betting odds are not always accurate predictors of election outcomes. In 2016, for example, Hillary Clinton was a heavy favorite over Trump according to the betting markets, but Trump ultimately won. However, historical trends do suggest that the betting favorite is more likely to win the election. According to a study by the University of California, San Diego, the betting favorite has won the popular vote in every presidential election since 1960.

State-by-State Odds

The betting odds also vary from state to state. Trump is favored to win in most of the battleground states, but Harris is competitive in several key states, such as Florida and Pennsylvania. The following table shows the betting odds for each state, according to BetMGM:

Tips and Tricks for Betting on the Election

If you are considering betting on the presidential election, here are a few tips to keep in mind:

• Do your research. Understand the candidates' policies and their chances of winning.
• Shop around for the best odds. Different betting sites offer different odds, so be sure to compare them before placing a bet.
• Bet small amounts. Don't bet more than you can afford to lose.
• Consider hedging your bets. If you are betting on both candidates, you can reduce your risk by hedging your bets.

FAQs

• When is the election? The election will be held on November 3, 2020.
• Who is eligible to vote? All US citizens who are 18 years old or older are eligible to vote.
• How do I register to vote? You can register to vote online or in person at your local voter registration office.
• What are the different ways to vote? You can vote in person on Election Day, by mail, or by absentee ballot.
• What is the Electoral College? The Electoral College is a group of 538 electors who are chosen to vote for the president and vice president.
• How does the Electoral College work? Each state is assigned a certain number of electoral votes based on its population. The candidate who wins the popular vote in a state wins all of that state's electoral votes. The candidate who wins the most electoral votes wins the election.

Call to Action

Are you ready to bet on the presidential election? Head over to your favorite betting site and place your bets today!