Once 33-1, Joe Biden Now Sporting 4-1 Odds to Win 2020 US Presidential Election

• Former Vice-President Joe Biden was once considered a longshot to run for President in 2020
• He opened at odds of 33-1
• Today, Biden is the second betting choice to win the 2020 Presidential election at +400

Among the last 2020 Democratic Presidential hopefuls to officially throw his hat into the ring, Joe Biden has quickly ascended to the top of the ladder.

Across an array of leading sportsbooks only incumbent Republican Donald Trump currently has better US Presidential odds.

Biden is currently listed with odds of +300. That’s well ahead of Bernie Sanders, the next nearest Democratic contender.

2020 US Presidential Election Odds

*Odds taken 05/28/19. 

Furthermore, Biden’s odds have improve from +600 on May 16th to +400 on May 27th.

An Obama Flavor

The list of 2020 Democratic Presidential hopefuls is an overcrowded bus. Biden offers a bit of familiarity to a time when the President didn’t assault the Consititution on the daily basis. He served two terms in the White House as Vice-President under Barack Obama.

Everybody knows who Donald Trump is, we have to let them know who we are. We choose hope over fear. Truth over lies. And unity over division. pic.twitter.com/X2eLN3xe7M

— Joe Biden (@JoeBiden) May 26, 2019

Perhaps it’s that link to a time of sanity that has caused so many to gravitate toward him. His ability to fundraise is rocketing him to the top of the list. He gained contributions from donors across all 50 states. More than 1,000 people gave money to his campaign within hours of his declaration to run.

Biden Scares Trump

The bully in the White House is clearly fearful of Biden. That’s another factor working in his favor.

I think Trump is as terrified of Biden as he is of Putin

— Roland Scahill (@rolandscahill) May 27, 2019

Trump posts tweets critical of Biden on almost a daily basis. He calls him childish schoolyard nicknames. Trump isn’t nearly as obsessed with many of the other Democratic candidates.

North Korea fired off some small weapons, which disturbed some of my people, and others, but not me. I have confidence that Chairman Kim will keep his promise to me, & also smiled when he called Swampman Joe Biden a low IQ individual, & worse. Perhaps that’s sending me a signal?

— Donald J. Trump (@realDonaldTrump) May 26, 2019

Trump even posted a tweet agreeing with strongman Kim Jong Un. The North Korean dictator parroted Trump’s catcalling of Biden as a low-IQ individual.

Is He Just an Average Joe?

There are worrying qualities to Biden’s candidacy that have nothing to do with Trump’s persistent catcalls.

Although Biden’s presence resonates with the movers and shakers of the Democratic Party, it doesn’t appear to be creating a buzz among the masses.

While his fundraising efforts are impressive, certainly the foot traffic at his appearances is not. Although his presence resonates with the movers and shakers of the Democratic Party, in contrast it doesn’t appear to be creating a buzz among the masses.

Not only is Biden spending a lot of money on Facebook but his ads so far appear to be reaching older audiences (49.4% 45-64 and 32.7% 65+). That lines up with the demographic pushing him to some early state leads. https://t.co/fcKT6xadS6 pic.twitter.com/gRtrlTRaGH

— Gideon Resnick (@GideonResnick) May 28, 2019

At 76, Biden is one of three 70-somethings currently topping the list of 2020 contenders alongside Trump and Sanders. Is Biden merely a champion of the establishment? Can he whip up the energy of support among younger voters and visible minorities?

It seems like these answers won’t be known until the Primaries begin separating the wheat from the chaff.

Political races tend to fluctuate. Polls go up and down.

If Biden is the candidate you wish to back, now is not the time to back him. For that reason, wait until the Primaries shake up the odds. Then you’ll get a better price.