Last Friday, embattled U.S. President Donald Trump finally gave in to opposition power and called an end to the government shutdown without securing funding for the Mexican border wall. The president has argued that he ended the shutdown to explore different avenues of securing the $5 billion needed to build the border wall. However, it seems likely the president realized the negative effects the shutdown was having on his chances of being re-elected in 2020.
As reported last week, the president’s re-election chances have been steadily decreasing this year from around 45 percent to 30 percent, while democratic hopefuls Kamala Harris and Beto O’Rourke gain ground.
So, has the end to the government shutdown improved Trump’s chances, or has his border wall sacrifice lost him favor with his dedicated Republican voters? Interestingly, most bookies don’t appear to have altered their odds on Trump as he doesn’t face much Republican opposition. Democratic candidates, on the other hand, have seen some strong internal competition.
U.S. betting sites Bovada and Oddshark are still offering +200 odds on Trump remaining in power, with Democratic candidates Harris and O’Rourke now tied at +700 each.
Despite not yet officially announced his intention to run, former Vice President Joe Biden is not far behind with +1200 odds. Bernie Sanders recently made an appearance in the top five when he announced he would be entering the running but has since been overtaken by Elizabeth Warren who gets +1600 odds.
In the UK, Bet365, Ladbrokes and Coral give the best odds on Trump winning with 9/4. Kamala Harris’ odds have been steadily improving, with Paddy Power, SkyBet and Betfred giving the Democratic Party candidate 11/2 odds.
Joe Biden has also increased in popularity, with William Hill now offering best odds of 13/2 and Bet365 and Paddy Power offering 9/1. By comparison, Beto O’Rourke’s popularity appears to be declining, with only 7/1 odds from SkyBet and Paddy Power.