Joe Biden, the Democratic candidate for president of the United States, won the support of punters by resisting the questions of the current president Donald Trump during the first combative presidential debate. The data is part of the Cloudbet betting page.
The odds of winning at Biden have been reduced to 1.65, meaning the betting market gives him a 61% chance of being elected, according to data from the Cloudbet betting system. This compares to 1.73 (58%) before the debate.
Trump’s chances dropped (in odds) from 2.16 to 2.28. In addition, Biden mainly managed to defend himself from Trump’s constant interruptions and aggressions.
However, commentators pondered that the chaos of the meeting prevented any attempt to forward positions on key issues and did little to influence undecided voters, who are crucial to victory in certain states.
US presidential election betting
Cloudbet is closely monitoring the two candidates as part of its political offering that allows customers to bet on the winner of the election, as well as the results in each state.
The operator’s page features an electoral map that gives users an instant assessment of which party is likely to win the election, based on real-time data presented for each state.
Cloudbet saw a significant improvement in betting activity prior to the debate: about 10% of the value of all bets in the United States elections were placed in the 24 hours leading up to the event, a spokesman for the operator said.
Trump bets accounted for 90% of new games. “Some people thought that Biden’s weaknesses would be clearly exposed in the debate,” said the spokesman.
The election map significantly expands what is on offer at Cloudbet for players looking for the best odds for political bitcoin bets from the comfort of their homes.
About Cloudbet
Since re-launching its website in April, the operator has introduced a number of new features to attract a more diverse audience, including electronic sports, betting and credit card coin purchases.
Founded in 2013, Cloudbet is one of the oldest bitcoin operators in the world. The company caught the industry’s eye in June with an ambitious campaign for the Premier League, when it did not charge a margin on pre-match bets for the remaining games of the season.
This allowed customers to achieve fairer prices – and therefore the highest returns – in the market. The promotion was an extension of Cloudbet’s “best odds” campaigns in sports, such as football, basketball and tennis.
