Bet on the Battle: A Comprehensive Guide to Trump vs. Harris Betting Odds

Introduction

The 2020 United States presidential election is one of the most consequential in recent history, and the betting odds on the two major party candidates, Donald Trump and Kamala Harris, are a key indicator of the public's perception of the race.

In this article, we will provide a comprehensive overview of the Trump vs. Harris betting odds, including historical data, current odds, and expert analysis. We will also discuss the factors that affect the odds and offer tips on how to bet on the election.

Historical Data

The betting odds on the 2020 presidential election have been volatile since they were first released in early 2019. However, they have generally favored Trump throughout the race.

In January 2019, Trump was a -225 favorite to win re-election, while Harris was a +175 underdog. By July 2020, Trump's odds had shortened to -160, while Harris's odds had improved to +130.

Current Odds

As of August 2020, Trump is a -185 favorite to win re-election, while Harris is a +150 underdog. This means that bettors would need to wager $185 to win $100 on Trump, or $100 to win $150 on Harris.

Factors Affecting the Odds

The following factors can affect the betting odds on the presidential election:

• Polling data: Public opinion polls are a key factor in determining the betting odds. If a candidate is consistently leading in the polls, their odds of winning will be higher.
• Fundraising data: The amount of money that a candidate raises is another important factor. Candidates who can raise more money are more likely to be able to afford advertising and other campaign expenses.
• News events: Significant news events, such as debates or scandals, can also affect the betting odds.
• Betting volume: The amount of money that is bet on a candidate can also affect their odds. If a lot of money is bet on a particular candidate, their odds will likely shorten.

Common Mistakes to Avoid

When betting on the presidential election, it is important to avoid the following common mistakes:

• Betting on your favorite candidate: It is important to remember that betting on the election is not about who you want to win, but about who is most likely to win.
• Chasing losses: If you lose a bet on the election, do not try to make up for it by betting more money. This is a surefire way to lose even more money.
• Betting too much: Do not bet more money than you can afford to lose.

How to Bet on the Election

There are a number of different ways to bet on the presidential election. The most common type of bet is a straight bet, which is a wager on who will win the election. You can also bet on the spread, which is the number of votes by which a candidate is expected to win. Other types of bets include over/under bets, which are wagers on whether the total number of votes will be over or under a certain number, and prop bets, which are wagers on specific events related to the election.

You can bet on the presidential election at a variety of online and offline sportsbooks. It is important to shop around for the best odds before placing a bet.

FAQs

• When is the election? The 2020 presidential election will be held on November 3, 2020.
• Who are the candidates? The two major party candidates are Donald Trump and Kamala Harris.
• What are the current odds? As of August 2020, Trump is a -185 favorite to win re-election, while Harris is a +150 underdog.
• How can I bet on the election? You can bet on the presidential election at a variety of online and offline sportsbooks.
• What are some common mistakes to avoid when betting on the election? Some common mistakes to avoid include betting on your favorite candidate, chasing losses, and betting too much.
• What are some tips for betting on the election? Some tips for betting on the election include shopping around for the best odds, setting a budget, and doing your research.

Conclusion

The 2020 presidential election is one of the most important in recent history, and the betting odds on the two major party candidates, Donald Trump and Kamala Harris, are a key indicator of the public's perception of the race.

By understanding the factors that affect the odds and the different types of bets available, you can increase your chances of winning when betting on the election.