-June 25,2020-
Real Clear Politics (RCP) Betting Odds changed horses big time in the month of June.Democrat Joe Biden who had been as much as 10 points behind earlier in the year switched places with incumbent President Donald Trump jumping into the lead as of the first of the month and not looking back since.
One betting house, Betfair, as of June 25 now has Biden favored to win 61 to 36. The RCP average is 58.8 to 37.9.
Earlier this year Donald Trump was the “odds-on” favorite on betting sites.
One betting site offers this narrative on the latest numbers.
It’s important to remember how drastically things have changed for Biden in just a few months. He was a +1000 underdog just to win the Democratic nomination in February. Now he’s a -150 favorite to take the Oval Office and proving to be an elusive target for Trump.
Trump can’t really paint a damming guilty-by-association picture for Obama’s former Vice President considering Obama left office with a 59% national approval rating in January 2017. Trump is at 39% approval in the latest Gallup poll.
Biden is also trending up in key swing states. He’s suddenly a -139 favorite in Florida and even with Trump at -118 in North Carolina. He also holds strong leads in polls released today in states he’s already favored in: Michigan (-500), Wisconsin (-167), Arizona (-162) and Pennsylvania (-200). Trump carried all six of those states in 2016 and is losing his grip in some former GOP strongholds.
Boring sounds good
Biden hasn’t generated nearly the same amount of excitement the Obama campaign created in 2008. He hasn’t taken any big risks, especially in regards to public events amid a pandemic. He’s just running a relatively standard, boring campaign at a time when many Americans are simply striving for a return to standard and boring business as usual.
One more surprise today. A Fox News poll shows Biden ahead of Trump inTexas by one point. Here are todays polls from RCP.
