Betting on politics: America's next president

The winner of next year’s US presidential contest is a tough call to make, says Matthew Partridge. Just don't rule out Mike Pence.

938-Pence-634

Mike Pence: into the mix
(Image credit: 2019 Getty Images)

The problem with Brexit-related bets is that events are moving so quickly that the prices are likely to be out of date in less than a day. With the parliamentary vote on ruling out a no-deal Brexit due to take place just after this column goes to print, it makes sense to leave Brexit and take a look at the current betting on the 2020 US presidential election instead. Even though we're more than 18 months away, £1.8m has already been wagered on Betfair on the winning candidate.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
Dr Matthew Partridge
Shares editor, MoneyWeek

Matthew graduated from the University of Durham in 2004; he then gained an MSc, followed by a PhD at the London School of Economics.

He has previously written for a wide range of publications, including the Guardian and the Economist, and also helped to run a newsletter on terrorism. He has spent time at Lehman Brothers, Citigroup and the consultancy Lombard Street Research.

Matthew is the author of Superinvestors: Lessons from the greatest investors in history, published by Harriman House, which has been translated into several languages. His second book, Investing Explained: The Accessible Guide to Building an Investment Portfolio, is published by Kogan Page.

As senior writer, he writes the shares and politics & economics pages, as well as weekly Blowing It and Great Frauds in History columns He also writes a fortnightly reviews page and trading tips, as well as regular cover stories and multi-page investment focus features.

Follow Matthew on Twitter: @DrMatthewPartri