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US Election 2020 Odds - Election Day Betting, Predictions and latest Presidential Election odds

03 Nov 2020
James Smith 03 Nov 2020
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  • Election Day is here!
  • Latest 2020 US Election odds with Joe Biden odds-on favourite to win today's Presidential Election
  • Donald Trump re-election odds shortening again as America wakes up on Election Day
  • Read on for latest Election 2020 odds and more...
Joe Biden
Latest US Election odds make Joe Biden favourite to win on November 3rd (Getty Images)

Latest 2020 US Election Odds

It's Election Day in the United States, and Joe Biden remains the clear favourite in the latest POTUS odds, with betting on the next President of the United States of America reaching fever pitch.

On Tuesday morning, with just a couple of hours before polls opened, Biden remained odds-on with bookmakers, although Donald Trump continues to be well backed - as has been the case since the start of last week - with the latest US Election betting suggesting that the President is shortening slightly as political punters back him to secure a second term.

Following the first presidential debate in early October, which was widely seen to be a disaster for Trump, Biden went odds-on with most firms, with the incumbent odds against to hold onto his seat in the Oval Office.

It has been a busy few weeks since then. After testing positive, Trump's odds drifted considerably, but although at time of writing he continues to be the outsider with a number of leading bookmakers as he looks to win a second term in office, he remains popular with bettors.

Read on for the latest US Election odds on Election Day...

2020 US Election Odds - Latest Next US President Betting

Biden was the clear favourite with Ladbrokes this morning as America goes to the polls.

Joe Biden8/15 (1.53)
Donald Trump6/4 (2.50)
Source: Ladbrokes. Odds correct as of 18:00 GMT, Tuesday November 3rd, 2020.

At bet365, Biden had drifted slightly last week, but by the weekend he was back to 1/2 in the betting as he looks to win the race to be the next POTUS. On Tuesday morning as America was starting to wake up, Biden was back out to 8/13, with Trump in to 11/8..

bet365 US Election Odds

Joe Biden8/13 (1.62)
Donald Trump11/8 (2.38)
Sourcebet365Odds correct as of 18:00 GMT, Tuesday November 3rd, 2020.

William Hill also make Biden their odds-on favourite at time of writing, although Trump has shortened slightly, in from 7/4 last week to 6/4...

William Hill US Presidential Election Odds

Joe Biden4/7 (1.57)
Donald Trump6/4 (2.50)
Source: William HillOdds correct as of 18:00 GMT, Tuesday November 3rd, 2020.

Its a similar picture at Paddy Power as well, with Biden still the odds-on favourite and Trump at 13/8 at time of writing...

Paddy Power Election Odds

Joe Biden8/13 (1.62)
Donald Trump13/8 (2.63)
Source: Paddy Power. Odds correct as of 18:00 GMT, Tuesday November 3rd, 2020.

2020 US Election Betting Tips

We have a number of state predictions and betting tips ahead of the Presidential Election...

2020 US Presidential Election Betting Tips

It’s been a chaotic few weeks in the biggest political betting market of all time. October started with Biden being well backed after the first presidential debate, then, more dramatically, the betting markets were globally suspended after Donald Trump announced his positive COVID-19 test.

Ever since the markets went live once again, Biden has remained the comprehensive favourite to become the next POTUS.

Biden is such a big betting favourite right now. In 2016, Trump won almost every swing state, and he even won by 0.7% in Pennsylvania and 0.2% in Michigan.

For Biden to win the 2020 Presidential Election, he just has to grab a few of those states back. Given he was born in Pennsylvania, the market and polls think that he will do it.

The polls also suggest he will win the Presidency. 

However, is Trump untouchable?

It’s a question asked by many, and it’s also where the market resistance comes in. That’s why Biden is arguably not as short as he should be right now. The market is expecting another Trump upset. He won at around 9/2 last time around and the hostility in America is supposed to work in his favour again.

That’s why many bookies are seeing an avalanche of money for Trump. Much more than the money coming for Biden.

Trump may have a ravenous base, but has it grown that much since 2016? We’re not convinced.

The polls – and the bookies - may have got it wrong in 2016, but everything points to a Biden win.
If you came here looking for us to predict a Trump win, we just don’t see that at all. However, in search of better value, in addition to the State Betting Tips listed in the table above, we are going to back Trump to win Florida. That bet is now odds-on with most bookies. We first tipped the Democrats to win Florida in early October at Evens (2.0) - the best price available at time of writing is 4/6 at William Hill.

2020 US Election FAQs

When is the US Election?

The 2020 United States presidential election is scheduled for Tuesday, November 3, 2020. It will be the 59th quadrennial presidential election. Voters will select presidential electors who in turn will vote on December 14, 2020,[2] to either elect a new president and vice president or reelect the incumbents Donald Trump and Mike Pence respectively.

What are the latest US Election odds?

President Trump was a 6/4 chance in July, but is now back into favouritism or equal favouritism. Joe Biden has slipped from 8/13 to almost even money.

What date is the 2020 US Presidential Election?

The US Election is scheduled to take place on Tuesday, November 3rd 2020.

Who is running for president in 2020?

Donald Trump will run against Joe Biden.

What was the result of the 2016 US Election?

The 2016 United States presidential election was held on Tuesday, November 8, 2016. The Republican ticket of businessman Donald Trump and Indiana governor Mike Pence defeated the Democratic ticket of former secretary of state Hillary Clinton and U.S. senator from Virginia Tim Kaine. Trump took office as the 45th president, and Pence as the 48th vice president, on January 20, 2017. It was the fifth and most recent presidential election in which the winning candidate lost the popular vote.



Joe Biden is odds-on and we expect his odds to shorten further before November 3rd. We’re backing the Democrat to be the next President of the United States.

Trump will not win a second term, but he’s worth backing in Florida.

Best Bet: Biden to win US Presidential Election 2020 Winner @63/100 at bet365 - 3 Units
Value Bet: Trump to win Florida Presidential State Winner - Florida @1/1 at Hollywood bets - 3 Units
Biden to win
US Presidential Election 2020 Winner
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Trump to win Florida
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03 Nov 2020

US Presidential Election 2020