An article at The Conversation shows that since betting on US presidential elections began in 1868, only two clear favorites failed to gain the Whitehouse: Thomas Dewey in 1948 and Hillary Clinton in 2016.
This election, Sporting Election announced it saw Biden winning between 305 and 311 electoral votes, much in line with the way things have ended up–so far.
History shows that the betting odds have been a far better source for predictions than polls. But the oddsmakers still don’t completely believe Biden will assume office on January 20, 2021.
According to Betfair markets: The current president still has a 7.8% chance, according to the exchange trading, of retaining office at the end of all legal challenges.
One America News reports that the odds of Biden winning by the margin he did, in the words of a major oddsmaker, “easily the largest bet event in wagering history.”
In fact, the odds of Biden winning by the margin he appears to have are greater than the last Super Bowl and easily beat the 2008 election of Barack Obama.
Oddsmakers are withholding payouts until official certification of the election on Dec 13. This shows that even oddsmakers aren’t 100% certain Biden will pull this win off.
Watch the video as Richard Pollock of One American News interviews a top oddsmaker.
Oddsmakers STILL Refuse to Call the 2020 Election for Joe Biden.