The smart money for 2020 is already being placed – and the safe bet is President Donald Trump!
Bookies don’t make odds based on emotion, feelings or politics.
It’s based on a single belief – the one thing every gambler has absolute faith in: The almighty buck.
When they make odds for placing bets, they want to make sure the house always wins – which is why their favorites in anything from sports to politics are always literal favorites.
And right now, they’ve put Trump at the top of book for 2020. Even the bookies that hate Trump.
The gambling website SportsBettingDime slammed Trump’s presidency as a “complete and utter disaster.”
But they also said he “somehow remains the overwhelming favorite” to win reelection in 2020.
“The Donald’s current average odds of +110 are 990 points better than his next closest competitor,” the website states. “That isn’t just a gap – it’s yawning chasm – and it could get even wider unless something changes soon.”
That’s not just the opinion of a single oddsmaker.
Sportsbook BetOnline.ag told The Washington Examiner they also have Trump as the easy favorite. They have him at 3/2, meaning you’ll only win $3 for every $2 you bet on him if he takes the election.
That’s the same odds the bookmaker had on Trump back in August, so despite the ups and downs in the polls… and despite the constant negative press… the president is holding steady where it matters most.
Even all the Democratic candidates declaring their own candidacies in recent weeks haven’t changed the odds.
When Sen. Bernie Sanders, I-Vt., announced his run, the bookmaker didn’t flinch.
“We had it as a foregone conclusion that he will be in the Democratic mix,” company spokesman Dave Mason told the Examiner.
After Trump, there’s a field of nothing but longshots.
The closest in odds is Sen. Kamala Harris, D-Calif., who is way back at 8/1.
Former Rep. Beto O’Rourke, D-Tex., is at 10/1, followed by former Vice President Joe Biden at 12/1. Sanders and Sen. Amy Klobuchar, D-Minn., are both at 14/1, while Sen. Elizabeth Warren, D-Mass., and Sen. Cory Booker, D-N.J., are in the distance at 25/1.
You might be better off betting on The Rock at 80/1!
Of course, you can hardly blame bookies for playing it safe this time around.
These guys took an absolute bath in 2016!
While smart oddsmakers take in enough bets on both sides to cover any eventuality, a long-shot win can often lead to bigger payouts, smaller profits and – in some cases – a massive loss.
On bookie in Ireland was so sure that Hillary Clinton would win that the company closed the book and paid out all bets BEFORE the election as if she had won.
It cost them more than $5 million!
“We’ve been well and truly thumped by Trump, with his victory leaving us with the biggest political pay-out in the company’s history and some very, very expensive egg on our faces,” Lewis Davey, spokesman for the Paddy Power bookmaker, said in a statement at the time.
They don’t want any more egg.
More importantly, they REALLY don’t want to lose any more dough.
And that’s why they’re placing their bets on Trump.
On the flipside, for every loser in gambling there’s also a winner.
An anonymous and incredibly confident Trump backer staked it all on Trump as far back as the Iowa caucuses, when the New York mogul was considered the longest of longshots.
He ended up winning $2.5 million.
That’s a deal even Trump would love!
— Walter W. Murray is a reporter for The Horn News. He is an outspoken conservative and a survival expert, and is the author of “America’s Final Warning.”