Odds Suggest Bernie is Third Favorite Candidate in Presidential Election
Betting data from online gambling intelligence network www.US-Bookies.com indicates that Bernie Sanders’ announcement that he is seeking the Democratic nomination for the 2020 election is not good news for every other Democrat, except Kamala Harris, as well as President Trump. Since declaring his candidacy on February 19, Sanders’ odds of winning the presidential election have shifted from 20/1 to 5/1, making him the clear second choice in the crowded Democratic field.
Additionally, Sanders would have a good chance of becoming the next president, according to data collected by www.Bet-PA.com. Current odds suggest that in a head-to-head race against President Trump, Sanders would be a very narrow odds-on favorite at around 4/6 (President Trump 6/4).
“Sanders had always been on the radar but his announcement has now seen oddsmakers declare him the most likely threat to Kamala Harris,” says US-Bookies betting industry analyst Alex Donohue. “He said with confidence he would win this time, and should he get the chance to face Trump, the odds would certainly support his affirmation.”
Eight percent (8%) of all money waged on the 2020 presidential election has been placed on Sanders, up from 5% before his announcement. This puts him behind Trump (40%), Harris (12%) and Congressman Beto O’Rourke’s (10%), who has odds of 16/1 to become the next president.
As for the Democratic nominee, Sanders is the clear second favorite at 5/1. Bettors still believe Harris, with 3/1 odds, will oppose President Trump.
“Oddsmakers are aware of his huge popularity and my hunch is they are hedging their bets by reducing the odds ahead of a stampede,” explains Donohue.
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