Politics

Trump Overtakes Biden As Favorite To Win In November: Betfair Exchange

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(Reuters) – U. S. President Donald Trump has overtaken Democratic rival Joe Biden to stand as the favorite to win the 2020 U.S. Presidential election on Europe-based betting exchange Betfair, the exchange said on Wednesday.

Trump’s odds, reflecting wagers matched on the peer-to-peer betting network, stood at evens, Betfair Exchange said, versus 21-20 for Biden.

Betfair Exchange said four bets of over 10,000 pounds ($13,362) were placed on the platform overnight, of which three were on Trump, while the biggest stake of the campaign so far, a 50,000-pound bet, was placed on the Republican nominee over the weekend.

These bets in part aided Trump to take th… (Read more)

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