2020 US Presidential Election Betting Update PT 2

One of the most interesting aspects has unfolded just recently with Elizabeth Warren placing above Joe Biden in the latest Iowa poll for the first time. She has been campaigning very effectively and many seem to believe that she’s going to be able to challenge Trump in the next election. 

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In fact, Warren now trades as the outright second choice with a 4/1 margin behind Donald Trump as Joe Biden has been shunted out to a 7/1 listing and appears to be losing steam in the betting markets very quickly. 

Bernie Sanders is also beginning to sputter in the polls and betting markets as he appears to have reached his ceiling and is now bleeding support to Elizabeth Warren and even upstart entrepreneur Andrew Yang. Sanders trades anywhere between a 9/1 and 14/1 margin for the win but many wonder just whether he has what it takes to win the first few caucuses and primaries. If he loses Iowa, and it looks like he might, then you’re looking at New Hampshire or bust for Sanders or he will struggle to pick up needed momentum. 

One of the biggest surprises has been the fact that Andrew Yang has moved into the clear fifth position and he has been building up a huge amount of grassroots momentum. You’ll find him, powered by his online #YangGang, trading anywhere between 16/1 and a 22/1 price tag with several top bookmakers. 

What makes Yang so interesting is that he draws from Democrats, independents and Republicans who previously supported Trump. With his odds sitting around 500/1 just a few months ago, he is definitely the candidate to keep your eye on as we go forward since he is beginning to get more respect from the voters and from the bookmakers as well.