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Author Topic: Bitcoin betting on the 2020 US Presidential Election | Trump vs Biden  (Read 2827 times)
Cloudbet (OP)
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September 30, 2020, 02:18:03 AM
Last edit: September 30, 2020, 02:46:02 AM by Cloudbet
 #1

US Election betting | Trump vs Biden


We wrote a piece on what the betting markets can tell us about Trump vs Biden. From now until Nov 3, we will be sharing our analysis on betting, poll and voting patterns after each presidential debate.

Hope you guys enjoy the read and stay tuned!

Check out our best bitcoin odds on the 2020 US Presidential Election!


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September 30, 2020, 03:13:28 AM
 #2

50% of the 1.3 Million postal votes already returned are from registered Democrats wile just 18% are from Republicans.

More than 63 Million postal vote forms have already been requested (which is more than the number that voted for Trump IIRC).

Just on those numbers I would say Biden is likely to win the election.

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September 30, 2020, 03:14:30 AM
 #3


We wrote a piece on what the betting markets can tell us about Trump vs Biden. From now until Nov 3, we will be sharing our analysis on betting, poll and voting patterns after each presidential debate.


I know that betting on whom would win is good every time there would be an election, either Presidential or just Senate elections. But still, I don't see the relevance nor the effect of having a good betting market or a betting market that prefers this candidate to what would be the outcome of the election/whom would be the president. Also, upon reading your article, it seems that you already have preferred a candidate. Just by comprehensively understanding your article's context, it seems that you're a little bias with how you've given your reasons and sides on the current situation.

Not to hate dude, but this is just my perspective upon your article.

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September 30, 2020, 04:03:31 AM
 #4

@Casdinyard be interesting to juxtapose where the betting positions are versus the polls. Anecdotally, chatting to one gambling operator recently who told me that in 2016, while the polls suggested Hillary, the betting action (value and volume) was for Trump. Caveat that this may be coincidental - and the betting public is far from representative of the US electorate (or at least the percentage that bothered to vote in the end). Right now, Biden at 60%-ish probability depending on which sportsbook you use - CNN poll of polls has him 51%.

Take that fwiw. I suppose one point that Cloudbet article makes at the end - nobody really knows.... but it's fun to guess!  Wink
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September 30, 2020, 04:08:24 AM
 #5

...

One now defunct online site was offering 7:1 for Trump to win.  Some people cleaned up (sadly I wasn't one of them only due to a lack of BTC at the time to place a wager) - which is probably why that site ended up going downhill fairly quickly afterwards.

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September 30, 2020, 04:32:49 AM
 #6

Nice read! Thanks for sharing. Excited to make some money off of the US president Grin

Would be interesting to see the analysis on betting pattern. I reckon it would sort of be a reflection of how the rest of the world is "voting" for the the election.



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September 30, 2020, 05:20:11 AM
 #7

Great article about the US Presidential election and looking at the numbers looks like Biden on a good position on this one.

I will surely watch for more insights about the ongoing campaign of this two party, its hard to say that Biden will win the campaign because this is just a prediction and the people will decide soon. I would like to hear some of the opinion of the US people for both candidate.

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September 30, 2020, 06:00:29 AM
 #8

...

One now defunct online site was offering 7:1 for Trump to win.  Some people cleaned up (sadly I wasn't one of them only due to a lack of BTC at the time to place a wager) - which is probably why that site ended up going downhill fairly quickly afterwards.

Seriously if a casino offers that kind of odds today on a Trump win then I guarantee you something is wrong with their odds provider, the odds of him winning should not be that high and today it would make more sense if it was around @1.7 or something.

But to my understanding these were bets on the 2016 presidential election which was a different playing field, Trump was sort of a dark horse in the election and nobody really expected him to win at all.

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September 30, 2020, 06:56:34 AM
 #9

7.0 for Trump to win? Wish I took it. I see Freebitcoin also offering some odds it is 1.6 Trump and 2.2 Biden so the value money is on Biden I would say BUT I have a feeling Trump will win this one still easily. I know a lot of people see him as crazy,,, but judging from what I read online from real people and not media, they love him.

Bernie Sanders 13.5? Wink

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September 30, 2020, 07:17:26 AM
 #10

Seriously if a casino offers that kind of odds today on a Trump win then I guarantee you something is wrong with their odds provider, the odds of him winning should not be that high and today it would make more sense if it was around @1.7 or something.

But to my understanding these were bets on the 2016 presidential election which was a different playing field, Trump was sort of a dark horse in the election and nobody really expected him to win at all.

If you looked at the *why* Trump was elected last time it was a vote against H.Clinton in so far as people just did not want another career politician.  It had nothing to do with gender.  Just the "air" of "I am a politician where-as my opponent isn't" struck a raw nerve.  The odds reflected that attitude instead of looking at the two candidates side-by-side, hence they lost out big time.

I'm waiting for the "wag the dog" moment of this campaign - so far I haven't seen one.

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September 30, 2020, 12:17:21 PM
 #11

I think that regardless of your choice, there is still time to make good bets on both candidates and win with this.
Even today I saw that on some sites it's possible to win more of three times if you choose Biden, on others you can at least cover your losses if you choose Trump.
I believe that this opportunity will not last long.

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September 30, 2020, 01:00:19 PM
 #12

Most polls indicate Biden winning this one though we all know that polls are just for reference sake and they don't represent the final outcome. Trump winning taught us that lesson.

This time around, I feel that Biden will win primarily due to the manner in which Trump handled the pandemic in USA. Trump could still win if the russians help him out or if he uses some hidden strategy.

Betting on Biden seems the be the safe strategy overall.

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OrdinaryBloke26
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September 30, 2020, 01:13:04 PM
 #13

That was EMBARASSING!

Nothing debated, nothing argued, nothing achieved. Was that really the Presidential debate of the "greatest" country in the world???
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September 30, 2020, 01:36:09 PM
 #14

That was EMBARASSING!

Nothing debated, nothing argued, nothing achieved. Was that really the Presidential debate of the "greatest" country in the world???
Embarassing as it is, political debates are always nasty and it's not just in the United States.

I don't really know what to make of the first debate, it was comical to say the least. Opinions I read in social media are divided and I guess that depends on demographics too.

As is stands now, I might put my money on Trump. I think people still hates mainstream media and "political experts". Whoever they "favor", the people votes the other.  
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September 30, 2020, 01:45:09 PM
 #15

The days are getting close to the election date. The gamble on the election results have begun, more hot debates and discussions on the same makes the gamble more interesting. After every public speech from the leaders there is change in the winning probabilities between the leaders. Upon the same the odds too keeps varying with time, and this time odds for Trump is found to be low as his winning chances were low this time.

BlackFor3st
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September 30, 2020, 05:31:09 PM
 #16

I saw in your odds that Biden has an advantage compare to Trump with a winning percentage of 1.64 while bettors of Trump will get 2.32 percent.

Will this odds will continue to change or this will be the permanent odds until the election will commence?

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September 30, 2020, 07:01:41 PM
 #17


Usually, it's the incumbent that will win.  There were articles I've read recently comparing the numbers where Hillary is much better than Biden which it's almost like Trump is going to still win not on the poll but the actual election.  And this is even when the article just claimed both Trump and Biden are unstable to run a government. Its an article made to make it funny though.

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October 01, 2020, 04:17:35 AM
 #18

This betting will required big amount of finance because the prediction of who will win in election never be accurate, shall currently no one predicts candidate of each group but predicts a political group that will emerge base on their influence to dominate or to spread their tentacle in their major cities. Using Manchester United and Chelsea football club  as illustration, no one can predict that a particular player of each group mentioned above will score specific goal,but predicts can that particular club will win. So looking at the election is unpredictable from my views.

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October 01, 2020, 12:24:57 PM
 #19

US Election betting | Trump vs Biden


We wrote a piece on what the betting markets can tell us about Trump vs Biden. From now until Nov 3, we will be sharing our analysis on betting, poll and voting patterns after each presidential debate.

Hope you guys enjoy the read and stay tuned!

Check out our best bitcoin odds on the 2020 US Presidential Election!


Good read! Guess the safer route is to bet on both of them. Based on your odds, Biden is favored to win. but like what you wrote, no one knows what would happen come the election day.

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October 01, 2020, 04:01:37 PM
 #20

Great I'll be keeping track on your analysis I hope I could use your analysis to see which candidate I'll bet with. By the way this supposed to be in Gambling discussion isn't?

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