The Talk Show American

THE TALK SHOW AMERICAN: Oddsmakers: President Trump Has Best Odds For Being Reelected

Monday, July 01, 2019

Oddsmakers: President Trump Has Best Odds For Being Reelected

Oddsmakers are predicting President Donald Trump has a good chance of being reelected in 2020.

Wednesday and Thursday night’s “contentious debate helped the odds that President Trump will win reelection,” said

The Washington Examiner reported. “Odds of reelection are the best for Trump since he won in 2016.”

The president’s odds for reelection were 10/11 after the debates, compared to Kamala Harris, who came in at 5/2.

US-Bookies reported before the debates that Trump had a 45.2% chance of winning reelection. The president enjoyed a 51.2 to 48.8% lead over his closest rival, former VP Joe Biden at that time.

“These numbers are an expression of probability of each candidate winning 2020, derived from the global betting markets (worth $100m or more), where investors are asked to make an accurate prediction as to who they think will win the race,” said a US-Bookies spokesman. “The money wagered on each candidate dictates the odds and therefore the percent chance, based on simple laws of supply and demand. In 2016, some election simulators and polls gave Trump under a 2% chance of success, while the betting market comfortably gave the president anywhere between a 25% and 40% chance of success.”

“The message from the bookmakers remains crystal clear,” a press release said. “There has never been a better chance of another four years of Trump in the White House.”

No comments:

Post a Comment