Betting on politics: odds on the next president of the USA

With impeachment of the US president firmly on the table, now is a good time to take a look at the latest betting markets related to American politics.

Democratic presidential candidate Sen. Elizabeth Warren © Win McNamee/Getty Images

Elizabeth Warren
(Image credit: Democratic presidential candidate Sen. Elizabeth Warren © Win McNamee/Getty Images)

With impeachment of the US president firmly on the table, now is a good time to take a look at the latest betting markets related to American politics. With £5.4m wagered, Betfair still has Donald Trump as the favourite to win the 2020 election at 2.34 (42.7%). Elizabeth Warren (pictured) is the leading Democrat at 4 (25%), more than double the implied chances of Joe Biden at 9.6 (10.4%). Interestingly, Betfair puts the Republicans' chances of winning the White House at nearly even at 2.06 (48.5%).

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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