Political discord and the impeachment vote have not marred President Trump’s odds of reelection. They have actually improved, according to betting aggregators US-Bookies.com, an industry source that tracks the trends of the nation’s betting, as well as the consumer aspects.
“Over the past week, Mr. Trump went from 1/1 to 10/11 to win the 2020 Presidential election,” the organization said.
“Despite all the fanfare about the president’s impeachment, the reality is that this is highly unlikely to materialize into a conviction,” says the group’s betting industry analyst Alex Donohue.
“The betting markets now suggest the upshot of this entire process is that Trump is more likely to win 2020,” he said.
The organization’s “live election tracker’ currently gives Mr. Trump a 47.6% chance of winning the 2020 presidential election, up from 40% at the beginning of December.
“His nearest competitor, Joe Biden, sits at 13.9%, with Bernie Sanders following at 10%. Elizabeth Warren and Pete Buttigieg are just behind Sanders at 9%,” Mr. Donohue said.