Country for PR: United Kingdom
Contributor: PR Newswire Europe
Thursday, October 01 2020 - 03:07
Trump vs Biden I: Betting Markets Give it to 'Not-So-Sleepy Joe' says Cloudbet
LONDON, Sept. 30, 2020 /PRNewswire-AsiaNet/ --

Joe Biden, the Democratic candidate for the U.S. presidency, won support from 
the betting public as he withstood a hail of bluster and interjection from 
President Donald Trump during a combative and fiery first presidential debate.

Odds on a Biden win shortened to 1.65, meaning betting markets give him 61% 
chance of being elected, according to prices compiled by crypto sportsbook 
Cloudbet. That compares to 1.73 (58%) just before the debate. Trump’s odds 
drifted to 2.23 from 2.16.

Biden had managed to mostly fend off Trump’s constant interruptions and 
aggression, as part of his campaign’s ongoing attack on the Democrat’s mental 
acuity and cognitive abilities, commentators on both sides of the political 
spectrum said after the debate. Others said the chaos of the encounter blurred 
any attempt at messaging on key issues, and did little to sway undecided voters 
who are crucial for victory in key swing states.

Cloudbet is tracking the two candidates’ price movements closely as part of its 
comprehensive politics offering that allows customers to bet on the election 
winner as well as on state-by-state outcomes. The operator's politics page 
pr&utm_content=us-elections] features a superbly designed electoral college map 
integration that gives users an instant opinion on which party is likely to win 
the election, based on real-time odds.

Cloudbet saw a significant pick-up in betting activity ahead of the debate: 
About 10% of the value of all bets on the U.S. election were placed in the 24 
hours leading up to the event, a spokesperson for the crypto operator said. 
Bets on Trump accounted for 90% of the new positions.

The election map amplifies what’s on offer at Cloudbet 
pr&utm_content=us-elections] for players seeking best odds for bitcoin politics 
betting from the comfort of their homes or on the go. Since it relaunched its 
website in April, the operator has unveiled a swathe of bold new features, 
including esports, USDT betting, and easy credit-card coin purchases. 

Founded in 2013, Cloudbet is one of the world’s longest established bitcoin 
operators. The site also accepts ethereum and bitcoin cash. 

The operator grabbed the attention of industry observers in June with an 
ambitious EPL campaign, under which its sportsbook charged no margin on 
pre-match bets for all games left in the season. That allowed customers to 
access the fairest prices -- and therefore the highest returns -- in the 

Follow us on Twitter:  @Cloudbet

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Source: Cloudbet