Is Biden or Trump favored to win the 2020 election? Betting odds show a tight race
The betting odds in the race between President Donald Trump and Democratic presidential candidate Joe Biden have narrowed .
Biden and Trump are nearly tied at 50.1 percent and 48.3 percent respectively, according to Real Clear Politics betting odds on Aug. 31. Trump has continued to narrow the race over the past few weeks, according to the odds.
The average was created from seven betting marketplaces, including Bovada and Matchbook.
But despite his gains in betting odds, Trump is still trailing in most polling after the Republican National Convention last week.
Opinion poll analysis site FiveThirtyEight says former Vice President Biden is currently “slightly favored” to be victorious in November, with a 68% chance to best Trump in the presidential election. The site’s aggregation of polling finds 54.1% of Americans disapproving of his job as president, with 42.1% approving.
Biden leads 50.2% to Trump’s 42.2% in FiveThirtyEight’s aggregate of national polling.
A Morning Consult poll conducted Friday showed Biden leading Trump with 50 percent to 44 percent. That’s a four point improvement for Trump from Aug. 23, when Biden was leading 52 percent to 42 percent.
The poll has a sample size of 4,035 voters and a margin of error of two points.
Another poll found Trump’s approval didn’t improve after the RNC.
Thirty-one percent of those polled said they had a favorable view of Trump after the RNC, according to a new ABC News/Ipsos poll. His favorability was 32 percent a week earlier. Forty-six percent of respondents in the poll said they viewed Biden in a positive light — a one-point increase after the Democratic National Convention.
The poll was conducted Aug. 28-29 based on a sample size of 732 adults. The margin of error is 3.9 percentage points.
