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Biden's Election Odds Tank After Harris Announcement, Pence to Remain VP

Written by:
C Costigan
Published on:
Aug/12/2020

The betting public did not agree with Joe Biden's decision for a VP running mate.


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Prior to Tuesday's announcement that put Kamala Harris on the 2020 ticket, Biden was a -160 favorite to win the election, meaning bettors would need to wager $16 to collect $10, while President Donald Trump was a +130 underdog (risk $10 to win $13).

But shortly following Biden's decision to partner with Harris, the presidential hopeful saw his odds slashed to -135 by the bookies due to an influx of bets on Trump. The current President saw his odds improve to +105.

"It seemed like a knee-jerk reaction, but as soon as Kamala was picked we saw bet after bet come in on Trump," SportsBetting.ag oddsmaker Robert Cooper said. "There have been a lot of swings during this election year, but the bettors are definitely fading the Kamala factor."

Information is courtesy of online bookmaker, SportsBetting.ag. It has also created odds regarding Mount Rushmore and the chances of President Trump being added to the national monument. https://www.sportsbetting.ag/sportsbook/futures-and-props/politics-props

Next person to be added to Mount Rushmore (Must be announced by U.S. Government before 2022)

Martin Luther King Jr. +2000

John F. Kennedy +2500

Franklin D. Roosevelt +3300

Frederick Douglass +4000

Ben Franklin +4000

Alexander Hamilton +5000

Barack Obama +5000

Rosa Parks +6600

Harriet Tubman +6600

Andrew Jackson +8000

Donald Trump +10000

Will Donald Trump be added to Mount Rushmore? (Must be announced by U.S. Government before 2022)

Yes +200

No -5000

2020 Republican Vice President

Mike Pence -1000

Nikki Haley +550

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