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Bernie Sanders Odds-On Favorite to Win Iowa Caucuses, But Still +120 at One Sportsbook

Robert Duff

by Robert Duff in Politics News

Updated Apr 10, 2020 · 5:40 PM PDT

Bernie Sanders making a point
Bernie Sanders' odds to win the Iowa Caucus vary greatly depending on which sportsbook you look at. Photo by Gage Skidmore (Flickr).
  • Bernie Sanders is the -200 favorite to win Monday’s Democratic Iowa Caucus
  • Some sportsbooks are even more bullish on him offering odds of -300
  • If you shop around, you can still find Sanders at a line of +120

There’s quite the discrepancy in the sports betting industry surrounding Bernie Sanders’ odds to win the Iowa Caucus.

No matter where you look he’s the favorite, however you can find him with odds as short as -300, or as long as +120.

2020 Democratic Iowa Caucus Odds

Candidate Sportsbook 1 Odds Sportsbook 2 Odds Sportsbook 3 Odds
Bernie Sanders -200 -300 +120
Joe Biden +300 +285 +250
Pete Buttigieg +800 +900 +350
Elizabeth Warren +1000 +1400 +900
Andrew Yang +2500 +4500 +2500
Amy Klobuchar +5000 +6600 +1500
Tom Steyer +10000 N/A N/A
Tulsi Gabbard +10000 N/A N/A
Field (all other candidates) N/A N/A +2000

Odds taken Jan. 29.

Bernie, Bernie, Bernie

Sanders, 78, suffered a heart attack in October. Political pundits were prepared to write Sanders off as a legitimate 2020 Presidential candidate.

For a time, it looked as though he’d lost his mantle as the Progressive, anti-establishment candidate to Elizabeth Warren. But as primary season fast approaches, it’s Warren’s campaign that is gasping, while Sanders inhales the sweet nectar of hope.

Sanders continues to be the best fundraiser among the Democrats running for President. He led all candidates by raising $35 million over the last quarter. A New York Times story this week reported that Sanders brought in $1.3 million in campaign contributions in a single day.

The moral clarity of the Sanders message of helping those in society so often overlooked by big government certainly resonates well with people tired of the Donald Trump circus in the White House.

Is Sanders Trump 2020?

Four years ago, Republican Presidential candidates scoffed as Trump made gaffes and uttered politcially uncorrect statements on almost a daily basis. They looked upon him as a joke candidate, someone who would fade away once the limelight shone on his many peccadilloes.

The Republicans underestimated Trump, just as the Democrats are overlooking the power of the Sanders campaign. And in this case, there really is no excuse. He gave Hillary Cilnton a serious run for the money in 2016.

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While Sanders and Trump are polar opposites in terms of their political ideology, there are similarities in their campaigns that can’t be ignored.

Sanders is supported by a solid, unwavering base. They’ll go into attack mode whenever someone criticizes him. He is clearly the anti-establishment candidate among the Democrats. But like Trump, can he win over enough support from outside his so-called Bernie Bros in order to gain the nomination?

Time To Take Sanders Seriously

Each Democratic candidate who’s had their moment as frontrunner has then felt the wrath of their opponents be aimed directly at them.

Joe Biden came out of the gate as favorite and was immediately under onslaught. When Kamala Harris made her move, she was quickly assailed. Then Warren came under attack, followed by Pete Buttigieg.

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Now it’s going to be Bernie’s turn in the barrel. Both the Biden and Buttigieg campaigns sent out mass internal emails this week. The message was it’s time to consider Sanders as a serious threat to win the nomination.

Long-range, Sanders is still going to face an uphill challenge. Can he moderates that he’s the one to take down Trump in 2020?

Polls show Sanders and Biden within a point of each other in Iowa. Biden still seems like the type of candidate that will be welcomed in the midwest more so than Sanders.

Pick: Joe Biden (+300)

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