Donald Trump Leads Florida Betting After Voting in State

Donald Trump Leads Florida Betting After Voting in State
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Donald Trump’s decision to publicly vote in Florida this election appears to have given his campaign a shot in the arm as he battles to win the key state come November 3.

President Trump voted early at a library in Florida's Palm Beach County, telling reporters: "I voted for a guy named Trump.”

The businessman is battling Democratic candidate Joe Biden for the White House this autumn, with election day now just days away.

Trump shifted his main residence from New York to Florida last year in order to vote in the swing state for the upcoming election and his decision to publicly cast his vote early in Florida has caused the US election betting odds to tumble in his favour.

Trump Favourite To Win Florida

According to the latest politics betting odds from 888, Trump is now 3/4 to win Florida – a state that was key to him beating Hilary Clinton in 2016. That price has plunged from Evens (1/1) since he voted in person.

Analysts believe Trump has to claim the Sunshine State if he is to have any chance of edging Biden this year.

Meanwhile, Biden’s price in Florida has ballooned to Evens, which indicates how fast the Democrats have lost ground. Biden is hitting the swing states on his campaign and even sent Barack Obama out to Florida in an effort to win over voters.

Interestingly, Biden and Trump are still neck-and-neck in the state polls. And while the odds swing towards the incumbent, some polls have Biden with as much as a +2 lead over his rival.

Trump Election Odds

All that said, even a Florida win may not be enough for Trump to reclaim the White House.

National polls have Biden leading by almost 10 points heading into the election, with other battleground states such as Michigan, Pennsylvania, North Carolina, Arizona and Wisconsin currently leaning towards Barack Obama’s former vice president.

Trump is leading in both Ohio and Iowa – but neither by a big margin. In fact, Iowa’s six electoral votes really could go either way, with Trump currently 0.1 points ahead of Biden in the state.

Since voting in person in Florida Trump’s odds on winning the election have come in to 6/4, which gives him an implied probability of 40%. Those odds are wildly off what pollsters believe will happen, with some suggesting Biden has an 87% chance of victory.

The reasons for the discrepancy between odds and polls likely comes down to shrewd bettors, who are snapping up Trump at a higher price and therefore driving his odds down.

Trump rocked the betting community when he beat Clinton four years ago and punters are ignoring the polls to side with the Republican once again in 2020.

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