⬇️🇺🇸 Sunday's #Election2020 Thread🗳️⬇️

1⃣ Our swingometer is showing a bigger advantage for Joe Biden than on any morning since it was launched.

Check back throughout the day for latest analysis, breaking news and polls from @paulmotty
2⃣ Yesterday was very quiet in terms of polls but that is quite normal for Saturday. Sundays are better as they're timed for the political news shows. Buckle up!

First an A+ rated national poll from ABC/WAPO.

They have Biden +12. This fits with recent trends.
3️⃣ What do we mean by the term 'Bellwether State' and to which US states does it apply?
4⃣ A key feature of this cycle and others since 2016 has been scepticism regarding the polls, due to three massive upsets in the space of 12 months.

As I explain here, election results since 2017 have in fact been very predictable.

betting.betfair.com/politics/us-po…
5⃣ The gamble on Joe Biden is really gathering steam today. He's been matched at his lowest odds yet, at 1.41.

This market has been one-way traffic ever since the start of the first #PresidentialDebate
6⃣ There's been some banter between forecasters @NateSilver of @FivethirtyEight and @gelliottmorris of @TheEconomist re the predictions of their respective models. The trend is moving towards the latter's higher estimate.

Economist: Biden 92%
538: Biden 86%
Betfair: Biden 70%
7️⃣ A much better third party performance than usual was critical to the 2016 election result.

What, or whom, do we mean by 'third party'?
8⃣ Biden is now odds-on to beat the highest of our four handicap targets on the winning margin.

To beat the -100.5 line requires winning 320 electoral college votes.

Market here: btfr.co/173744877
9⃣ Biden's likeliest path to that 320 target

Hold all Clinton states = 232 ECVs

Then gain

Michigan (16), Wisconsin (10), Pennsylvania (20), Arizona (11), Nebraska CD2 (1), Florida (29), Maine CD2 (1) = 320.
🔟 The betting has been moving steadily towards Joe Biden since the start of the first #PresidentialDebate but today is arguably the most significant to date.

He started at 1.5, shortened to a new low of 1.41 before stabilising at 1.44.
1⃣1⃣ An indication of the scale of the weight of money driving Biden's odds down.

Over £10M has been matched in four days.

That amounts to more than 8% of the total in a market that has been live for nearly four years.

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More from @BetfairExchange

12 Oct
⬇️🇺🇸 Monday's #Election2020 Thread 🗳️⬇️

1⃣ After an extraordinary day's trading, our Swing-O-Meter is now pointing firmly towards Joe Biden. The swing is 2% for the last 24 hours and was 3% at one point yesterday.

Check back for latest polls, breaking news and analysis. Image
2⃣ We *should* have been gearing up for the second #PresidentialDebate this week but it has been cancelled.

Which of the candidates does that favour?

betting.betfair.com/politics/us-po…
3⃣ Not many positive signals around for Trump supporters but here's one.

On this day in 2016, Hillary Clinton's average odds were 1.19 compared to 6.2 about Trump.
Read 6 tweets
10 Oct
⬇️🇱🇷 Saturday's #Election2020 thread 🗳️⬇️

1⃣ Check back throughout the day for breaking news, market updates and latest analysis from @paulmotty Image
2⃣ This graph shows how the odds for both Trump and Biden have fluctuated throughout 2020. Image
3⃣ US Elections are always determined by what happens in the swing states. (Most don't fit that description!)

I've previewed the most 19 competitive states here. Click through for latest analysis and odds.

betting.betfair.com/politics/us-po…
Read 10 tweets

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