2020 US Presidential Election Odds Update 12/3/19

2020 United States Presidential Election Betting Odds

The 2020 United States Presidential Election is 11 months away, but there is plenty of intrigue surrounding the most powerful position in the world. As the incumbent, Donald Trump is the clear favorite to win in 2020, but the presidential betting odds will change drastically once the Democrats decide on a candidate. There is plenty of value if you select the right nominee, but there could be value in betting on Trump too. Let’s look at the current odds below.

ODDS TO WIN THE 2020 UNITED STATES PRESIDENTIAL ELECTION

DONALD TRUMP +125
JOE BIDEN +650
BERNIE SANDERS +800
PETE BUTTIGIEG +800
ELIZABETH WARREN +1000
ANDREW YANG +1600
MICHAEL BLOOMBERG +1600
HILLARY CLINTON +3300
AMY KLOBUCHAR +5000
MICHELLE OBAMA +5000
MIKE PENCE +5000
TULSI GABBARD +5000
KAMALA HARRIS +6600
CORY BOOKER +10000
DEVAL PATRICK +10000
TOM STEYER +15000

Although some Democrats are trying their best, it’s unlikely that Donald Trump is impeached in the next 11 months. Teflon Don has withstood more scandals than any other politician in recent history, and his base remains incredibly strong. At this point, the Republican Party has become interwoven with Trump, making it highly unlikely his party moves against him. The bigger concern regarding Trump standing for a second term is his health after he made a surprise visit to Walter Reed Hospital two weeks ago.

Trump has stated that there’s nothing to worry about health-wise, but the POTUS has repeatedly shown he can’t be taken at his word. He will turn 74 next year, and he will become the oldest sitting POTUS in United States history in early 2020. That has to make anyone betting on Trump to win the 2020 United States Presidential Election a little antsy.

In head to head polls with Democratic Party challengers, Trump is routinely behind. However, that’s nothing to be too concerned about at this point. That’s typical at this point in the election cycle, and the polling gap will almost certainly narrow as Election Day draws closer. Additionally, the current POTUS has the benefit of an Electoral College tilted heavily in the GOP’s favor, boosting his chances to be reelected.

There is no value in betting on Joe Biden to become the next POTUS. Biden continues to show that he is out of touch with younger voters, and he would probably perform even worse than Hillary Clinton if he won the Democratic Party nomination. His decision to travel around the country in a bus with ‘No Malarkey’ painted on the side has been panned by virtually everyone, leading to millennials dismissing him with the ‘Okay Boomer’ phrase that has become increasingly popular.

It’s hard to see any way for Biden to beat Trump. Yes, the Democratic Party favorite is currently ahead of the POTUS in most polls, but his constant gaffes on the campaign trail are sticking with him in a way they don’t stick with Trump. Plus, he just doesn’t resonate with younger voters, and we’ve seen that the Democratic Party candidate needs to encourage its base in order to win presidential elections.

Bernie Sanders has some major health concerns too after suffering a heart attack a few months ago, but Sanders at least has a chance to beat Trump. While he has been decried as too far left, Sanders resonates with younger voters in a way that older candidates usually fail to connect. Like Trump, he has a solid bloc of supporters that will follow him to the ends of the Earth, but it’s unlikely he wins the Democratic Party nomination.

The best value on the board lies in Pete Buttigieg and Elizabeth Warren. Buttigieg and Warren represents different factions within the party, but they can both rally the base. Buttigieg is a relative newcomer with little experience, but he appeals to centrists and can sway independents to his cause. He is much more friendly to big businesses than some of his rivals, and that has helped him raise tens of millions to become a serious contender.

Warren remains my favorite play at these current odds though. She should fare well in the Iowa Caucuses and the New Hampshire Primary, brightening her star while many of the other contenders fall by the wayside. If she can pick up Sanders’ base soon, she would immediately become the favorite to win the Democratic Party nomination, so there’s plenty to be optimistic about with her campaign.

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