DNC Speech Boosts Biden’s Election Odds But Trump Rallies

DNC Speech Boosts Biden’s Election Odds But Trump Rallies
© PA
Democrat candidate Biden delivers his acceptance speech on the last night of the Democratic National Convention

Joe Biden saw his chances of winning the 2020 US Election increase after his Democratic National Convention speech on Thursday night.

Biden is the official Democrat candidate to go up against Donald Trump in the November 3 election this year.

The 77-year-old has led in the vast majority of polls and currently has a 72% chance of beating the sitting President to the White House.

He recently confirmed Kamala Harris as his running mate for the presidency and will now begin the campaign trail in earnest.

In his speech on Thursday the former vice president pledged to “draw on the best of us, not the worst” and attacked Trump’s divisive politics.

Biden Odds Boost

His speech, which appears to have been well received among viewers in the US, has done his election hopes no harm whatsoever.

In fact, Biden’s US election betting odds on securing victory this autumn nudged in from 4/6 to 8/13 overnight.

That gives the Democrat a 62% likelihood of beating Trump in the election.

Trump Primed To Hit Back

However, there was also a boost for Trump overnight as some punters looked to capitalise on his widening odds for securing a second term.

The incumbent has endured a miserable few months with criticism over his handling of the coronavirus crisis and the Black Lives Matter movement at the forefront of US politics.

Trump has also stirred division among voters by suggesting the US election be moved to a later date because of unfounded claims of mail-in voting fraud.

Yet the president is certainly not out of this race. His odds also improved overnight, from 13/10 to 5/4 to win the next election. That earned him an implied probability of 44% to beat Biden.

Debate Time

Attention now turns to when Biden and Trump will go head-to-head on stage.

The first US presidency debate is scheduled for 29 September at the Case Western Reserve University in Cleveland, Ohio – a key state for both candidates.

A second debate is due to be held on 15 October, while a third is penned in for a week later.

The debates could well be Trump’s last chance to gain real traction on Biden and narrow the polling gap between the two candidates.

It is reported that Trump’s team have already requested the debate schedule be moved forward, in a supposed attempt to capture floating voters who are likely to cast early mail-in votes ahead of the election.

However, the Democrats are unlikely to offer any leeway in the schedule running up to November and will simply hope to see out the campaign without any major hiccups.

How that works out may well depend on the tactics Trump uses to haul himself back into the race.

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