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What is the Payout on Trump, Biden Winning Ohio?

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

The payout on Democratic candidate Joe Biden to win Ohio is $21 for every $10 betRepublican candidate Donald Trump requires a $24 bet to win/profit $10.  The $24 bet is refunded along with the $10 win just as long as Trump is elected. 

The Value Pick

While Trump is strongly favored to win here, this race has grown tighter and Biden is certainly a value pick. And with the Real Clear Politics average being a statistical tie, Biden becomes the value bet by default.

It's interesting that Republican-leaning Rasmussen had Biden up here by 1 point prior to the Debate. Then again, Democratic-leaning Quinnipiac had the same.

In some respects, Ohio could prove to be a bigger nail-biter than say Florida or Pennsylvania come Election night.

Biden Pays $21 for Every $10 Bet Here

RCP Average 9/30 - 10/20 -- -- 46.8 46.2 Trump +0.6
FOX News* 10/17 - 10/20 1018 LV 3.0 48 45 Trump +3
Rasmussen Reports 10/18 - 10/19 800 LV 3.5 47 48 Biden +1
Quinnipiac 10/8 - 10/12 1160 LV 2.9 47 48 Biden +1
NY Times/Siena* 10/2 - 10/6 661 LV 4.3 44 45 Biden +1
Trafalgar Group (R)* 10/1 - 10/3 1035 LV 3.0 48 44 Trump +4
CBS News/YouGov 9/30 - 10/2 1114 LV 3.7 47 47 Tie

- Gilbert Horowitz, Gambling911.com

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