The Bookie Brief: 2024 Presidency and 2020 Senate Election Odds 12/8/2020

• Donald Trump has the shortest odds at +400 of being the Republican Candidate in the 2024 US Presidential Election.
• (R)Kelly Loeffler has -150 odds to win the Georgia Senate Election over (D)Raphael Warnock who has +115 odds.
• The State of Georgia has certified its 2020 US Presidential Election votes ensuring a Joe Biden victory.

ATLANTA — The State of Georgia has now become the focus of politics as the balance of power in the US Senate will be decided.

Georgia also has also been a host to President Donald Trump’s legal battles to overturn the 2020 US Presidential Election results but all attempts have fallen short as Joe Biden has been announced as the winner of the Peach State.

Now that Biden is the clear winner, political bettors can now turn their attention to the 2024 US Presidential Election as well as the two US Senate races happening in Georgia.

2024 US Presidential Election

The 2024 US Presidential betting odds now that Joe Biden will be the incumbent candidate hasn’t affected his odds much. Biden will still likely be listed atop the odds board for the next US Presidential Election early on.

However, depending now which legal sports betting site you choose, betting on Joe Biden in the 2024 Presidential Election could net bettors a payday down the road and shopping political betting lines is the best way to ensure a maximum profit.

Looking over the odds boards from a trio of betting sites, Biden is the favorite to win the 2024 Election at two of the three sites.

MyBookie (+100 Biden) and BetOnline (+450 Biden) have Biden listed as with the shortest odds while Bovada offers the election odds with the best return should Biden win in 2024 with +650 odds on the 46th President of the United States to win another term in.

Georgia Senate Races

The two Georgia Senate races ended up having to go to run off as no candidate won by the necessary margins. The Georgia Senate Runoff elections are scheduled to take place on January 5, 2021. Looking over the results from the first election could give bettors an idea of the trends to look out for in January.

In November, (D) Raphael Warnock received 1,617,035 (32.9%) votes while (R) Kelly Loeffler received 1,273,214 votes (25.9). Sunday night, Loeffler and Warnock faced off in a debate.

Since the debate, Warnock has closed the gap between him and Loeffler at sportsbooks going from +150 to +115. Loeffler has witnessed her odds become longer going from -200 to -150. Now might be the best time to take the odds on Warnock as he continues to build momentum as Georgians get closer to the election day in Georgia.

The other Senate race in Georgia is between (R) David Perdue and (D) Jon Ossoff; they also had a debate scheduled but only one candidate showed up for it.

Despite his no show at the debate Perdue is still favored to win the Georgia Senate election but his odds have become longer. Before the debate, Perdue was listed at -275 odds to win the Senate seat.

The Republican Senator is now at -200 odds and the ripple effects of the debate could cause the odds to become even longer. Meanwhile, Ossoff has gone from +200 odds to +150 and is trending in the right direction ahead of the January 5 election.

All things considered, both Democratic candidates have improved their standings in the US Senate races post-debate. With one month left to go, bettors shouldn’t hesitate to take action on these odds especially if you’re betting with the two democratic candidates and want to take advantage of their underdog odds.

News tags: 2024 US Presidential Election | Democratic Party | Donald Trump | Georgia | Joe Biden | Jon Ossoff | Kelly Loeffler | Raphael Warnock | Republican Party | US Senate Election