This has been a huge day on the White House race betting markets which saw, for the first time in months, Trump becoming the favourite on the Betfair exchange where so far nearly there have been nearly £72m worth of matched bets. Heaven know what the total will look like by November 3rd.
As I write Trump is at a 47% chance on Betfair with Biden on 51%
There’s a growing view amongst punters that Biden is nothing like the certainty that many of the polls suggested he was. The Trump base is coming together and this has the incumbent getting closer in the polls.
There’s no doubt that Trump got a post-convention boost – the question now is whether he can retain it.
The next big event is the first TV debate on September 29th. How Biden and Trump appear will so important particularly given their ages and the suggestions that they both have cognitive issues.