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What is the Payout on Trump, Biden Winning Florida?

Written by:
Gilbert Horowitz
Published on:
Oct/29/2020

The payout on Democratic candidate Joe Biden to win Florida is $12.50 for every $10 bet.  GOP candidate and sitting US President Donald Trump is listed as the -155 favorite.  You would have to bet $15.50 to win $10 (the $15.50 is refunded should he win).

The Value Pick

Biden is the value pick as some polls show him up by around 4 points.

Trump only won Florida by just over a point in 2016.  Former President Barack Obama won by just under a point in 2012.  To say the Sunshine State tends to be close in Presidential elections is a huge understatement.

A standout stat in Florida is Trump's surprising performance among Latino voters.  Trump holds almost a 50 percentage point lead over Biden, 71% to 23% among Cuban voters.

Biden is leading among another big Latino voting bloc in the state: Puerto Rican voters, where Biden leads Trump, 66% to 23%.  Cuban voters make up the largest Hispanic eligible voter population in Florida at 29%, followed by Puerto Rican voters at 27%, according to Pew Research.

Biden Pays $12.50 for Every $10 Bet

The Polls

RCP Average 10/20 - 10/27 -- -- 48.4 47.9 Biden +0.5
NBC News/Marist 10/25 - 10/27 743 LV 4.4 51 47 Biden +4
Florida Atlantic University 10/24 - 10/25 937 LV 3.1 50 48 Biden +2
Susquehanna* 10/23 - 10/25 400 LV 4.9 44 48 Trump +4
Reuters/Ipsos 10/21 - 10/27 704 LV 4.0 49 47 Biden +2
CBS News/YouGov 10/20 - 10/23 1228 LV 3.6 50 48 Biden +2
St. Pete Polls 10/21 - 10/22 2527 LV 2.0 49 47 Biden +2
Rasmussen Reports 10/20 - 10/21 800 LV 3.5 46 50 Trump +4

- Gilbert Horowitz, Gambling911.com

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