Monday, September 14, 2020

Odds Shark’s odds calculator is a great tool to help translate who will win the 2020 election into implied probabilities. Biden 53.49 Trump 51.22

https://www.oddsshark.com/politics/2020-usa-presidential-odds-futures

#oddsshark

The voluminous amount of polling data shared by the media all but guaranteed Hillary Clinton would win the presidency and she didn’t.

Donald Trump flipped the script with the biggest political upset in history and if you were one of the select few who saw value on oddsboards in the days leading up to the November 2016 election, a significant profit could be made.

Trump’s odds to win the 2016 election were near 5-to-1 the day before the election.

What Do the Numbers Mean?

For those new to 2020 election odds, the numbers can be a little confusing.

Odds Shark’s odds calculator is a great tool to help translate who will win the 2020 election into implied probabilities.

For example,

at -115, Joe Biden’s implied probability to win the 2020 election would be 53.49 percent and

President Trump’s at -105 odds would be 51.22 percent.

Trump had -180 odds, or 64.29 percent implied probability, to win the election during the last week of February.

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