Monday, September 21, 2020

OddsShark: At -130, Joe Biden’s implied probability to win the 2020 election would be 56.52 percent and President Trump’s at +110 odds would be 47.62 percent

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

#oddsShark

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 -130, Joe Biden’s implied probability to win the 2020 election would be 56.52 percent and

President Trump’s at +110 odds would be 47.62 percent.

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

[No, we are not going to hell in a handbasket if Biden wins. Or if Trump wins, for that matter.]

To go to hell in a handbasket means to go to one’s doom, to deteriorate quickly, to proceed on a course to disaster. The phrase go to hell in a handbasket is an American phrase which came into general use during the American Civil War, though its popularity has spread into other countries.

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