Biden Trails Trump in Polls, but Leads Betting Markets

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Joe Biden's recent comments about Governor Newsom and his position in the polls and betting markets for the Democrat presidential nomination.

When the oldest president ever to occupy the White House starts talking about his nearest rival for the Democrat presidential nomination, people listen. “I want to talk about Governor Newsom,” Joe Biden told world leaders in San Francisco last week, just a few days before his 81st birthday. “He’s been one hell of a governor, man. Matter of fact, he could be anything he wants. He could have the job I’m looking for,” Mr Biden said.

While the president’s comments were sardonic and drew laughter from the audience, the bigger joke might end up being on him. Over the last month, Biden has started trailing the loser he beat three years ago – Donald Trump – in 11 of 12 major American political polls. Yet both he and Trump are outright leaders for their party’s nomination according to betting markets. Trump is ahead of his closest rival, former US Ambassador to the UN Nikki Haley, by 61 points. Betting markets are indicating that Biden is ahead of Newsom by 44 points, even though Newsom is not officially in the rac

 

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