The last hour has seen more of the same as Joe Biden’s odds have stretched to -556, which correlates to an 82.9% chance of winning the election. It’ll now be interesting to monitor how odds move as more votes, and states, are called throughout Wednesday afternoon and evening. While Biden’s implied probability has slimmed from 82.9% to 80.7%, the recent adjustments have been very minimal overall. Since our last update, Biden won Wisconsin, though that didn’t affect odds as the result was already priced into the market.Īfter plenty of movement in Joe Biden’s favor throughout Wednesday morning, betting odds have stabilized a bit over the past hour. Here’s where the betting market stands just past noon ET on Wednesday: Presidential odds have remained quiet for the past two hours, with Joe Biden now -500 against Donald Trump.
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