Betting markets favor Biden over Trump, but odds narrow in U.S. race


  • World
  • Friday, 07 Aug 2020

FILE PHOTO: Democratic presidential candidate and former Vice President Joe Biden speaks about his plans to combat racial inequality at a campaign event in Wilmington, Delaware, U.S., July 28, 2020. REUTERS/Jonathan Ernst

(Reuters) - Betting markets favor Democratic presidential candidate Joe Biden over Republican President Donald Trump in November's U.S. election, though the odds between them have narrowed during the last week, two betting market aggregators said.

British betting and gambling company Ladbrokes Coral Group gives Biden a 61% win-chance and Trump 36%, while New Zealand-based prediction market PredictIt has Biden leading Trump by 59 cents-to-43 cents.

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