Joe Biden is still continuing to be the likely choice for the Democratic Nomination. This growing popularity faced a major loss when the betting sites started listing as -20000 to clinch the nomination.
This has started right after the exit of Bernie Sanders who was the former Vice President.
The Scenario of the Current Odds
His current odds mark that there is an $800 wager on Biden for winning the nomination. But, the resulting payout will be only $100.
Again, the sportsbooks number project make him the runaway winner. The sudden decline people are witnessing in his odds is a mark of the lack of confidence and uncertainty that is always thriving in his party.
He won’t be Forgotten that soon
The betting favourite, President Trump is now at -120 over Biden at +135. On the contrary, the Hillary Clinton bid is witnessing the biggest shifts of winning the Presidency. The rank moved from +6000 +2000 in a span that is lesser than a month.
Recently, Hillary Clinton has stated that she isn’t at all interested in entering the race. The 8/1 of winning the Democratic nomination as well as the 22/1 chance of winning the US Election highlights the fact that the positioning of Clinton is facing a bigger issue.
The recent results of the betting trends and polls are always highlighting the fact that there is a possibility for a new candidate to take part in the scene.
There are major hints towards the Biden announcing his selection for Vice President. The consequence of the announcement was putting him and his campaign in the limelight. Besides, the Biden campaign has only failed in the manner that there is a adverse effect on his presidential aspirations.
Moreover, there’s a major reason behind the lengthening of the odds of securing the ticket for the 2020 race. It can be all bestowed to the sexual assault story continues related to Joe Biden. The fact turns out to be that Biden had sexually assaulted Tara Reade in 1993.
There has been a change in try overall betting results.
Biden’s odds are falling from +114 to +123. The one of Hillary Clinton has shifted from +5375 to +3825. The odds of Cuomo has gone from +3950 to +2750.
Should we all say by now Bye Bye Biden?
According to the news reports, the New York Governor Andrew Cuomo has been the leading voice in taking steps with respect to the COVID-19 pandemic. Presently, following Biden, Cuomo has the next best odds of being the nominee of the 2020 party. But, again there’s. Construct. His shares are stuck at five cents.
The other scenario is that Peter Daou, who was a longtime Democratic strategist had worked for Hillary Clinton and John Kerry. He is always putting his efforts for provoking Biden to drop out of the 2020 race.
The efforts of DNC Link
The DNC has made an announcement on Friday regarding the joint fundraising agreement related to the presumptive party nominee.
They are now putting their maximum efforts in putting Joe Biden in the best position. They are actually trying their best to help him best out Donald Trump.
Final word:
Biden is gradually becoming the risky bet to win the Presidency. He has denied the sexual allegations imposed on him by Tara Reade. The 2020 Presidential election odds is gradually shifting. We can just wait for the results.
