With the 2020 presidential election just 20 days away, Joe Biden’s chances of winning the presidency have never been better, according to the U.K. exchange Betfair.
As of Oct. 14, former Vice President Biden’s betting odds to win the election carry an implied probability of 74%. President Trump’s odds to serve another term have an implied probability of 33%, according to Betfair.
Implied probability is the conversion of betting odds into a traditional percentage to show how likely something is to happen.
Here is how those odds have changed over time:
Biden was first made a favorite over Trump on Betfair’s exchange in June.