Last Updated on August 11, 2020

The 2020 election will be a crazy one, as it is likely set to be Donald Trump against Joe Biden during the COVID-19 pandemic. This election is truly unprecedented and comes at a crazy time during the history of the United States of America. We do know one thing for sure, that Donald Trump is the assumed Republican Nomination as he seeks a second term. For the Democratic Primary, Joe Biden is the only candidate left officially and the betting odds surrounding the election have been focused on the Democratic Primaries and other betting markets. One of the most popular is who Joe Biden will pick as his running mate to be the Democratic Vice President on the ticket.

Let’s take a look at who could be Biden’s running mate and the betting market for the next election.


Joe Biden Picks Kamala Harris as Democratic Vice President Nominee

The odds have finally settled, as the betting market has ended. Joe Biden has selected Kamala Harris to be the Democratic Vice President nominee for the 2020 election. Former President Bill Clinton approves, but will the voters? Time will tell.


Odds Shift After Democratic National Convention Schedule Release

One of the key parts of the DNC schedule is who will speak, and reading between the lines would assume that a VP nominee may not speak, or would they? As noted by Nate Chute, neither Susan Rice or Karen Bass are on this list to speak. Kamala Harris is, however. What does this mean? Odds have shifted, which could tell the story. The latest odds show the following:


Latest 2020 Democratic Vice President Odds

Democratic VP Candidate Odds
Kamala Harris +138
Susan Rice +163
Gretchen Whitmer +400
Val Demings +1400
Tammy Duckworth +1400
Elizabeth Warren +1800
Michelle Obama +2200
Karen Bass +2500
Hillary Clinton +5000

When it comes to betting on the 2020 Presidential Election, the most popular betting markets include who Joe Biden will select as his running mate to be the Vice President on the Democratic ticket. After Bernie Sanders dropped out of the election, the focus has turned to who the next Democratic VP could be. Joe Biden has already confirmed on twitter that it will be a female, which makes the odds set on the above. Kamala Harris was the favorite at -137 after heavy movement in late July, but was followed by Susan Rice at +333. Also in July, Tammy Duckworth’s odds improved all the way to +700, before falling back to +1600 before a sharp rise to +800 . In addition, former First Lady Michelle Obama’s odds were listed as well, is she a candidate? Time will tell.

As of August 11th after the DNC schedule was released, everything changed. Harris and Susan Rice are close in odds at +138 and +163, and Gretchen Whitmer has rose up the boards to +400.


Karen Bass Vice President Odds

A new candidate has entered the race to win the Democratic VP nominee, with Karen Bass coming in at +800 right away. Will she be the next VP candidate? Time will tell, but being added this late at odds so low means she is certainly a candidate. Keep an eye on her odds this summer. Already in the first week of being on the board, Bass’ odds rose to +600 to be Joe Biden’s next VP nominee, but in late July fell to +1400 before another meteoric rise to +333. She could very well be the next Democratic VP nominee, despite a massive drop in odds on August 11th.


Elizabeth Warren Democratic VP Odds

Elizabeth Warren has been a popular pick for a lot of political analysts, and her odds continue to rise through the summer. As of July 20th, her odds were +1000 to be Joe Biden’s VP nominee. Now, she has some hurdles to cross as Kamala Harris, Susan Rice, and Val Demings are ahead of her. But, she was in the race for president and has had lots of experience in politics. Will she be the next VP nominee? Time will tell.


Susan Rice’s VP Odds Soar in July

Who is Susan Rice? Rice was a former national security advisor under President Barack Obama, and a former US Ambassador. Having worked with former Vice President Joe Biden before, the link between the two is obvious, but her odds have climbed all the way to +350 in some spots, and +400 in others, making her a clear candidate to be the next Democratic VP nominee come November. Some believe Joe Biden will choose her based on a quote in an interview with CBS:

“It’s really important that whomever you pick as a vice president agrees with you in terms of your philosophy of government and agrees with you on the systemic things that you want to change.”

The one thing going “against” Rice is her lack of public elections, as she has never run for public office on the politics side. With that said, Rice has plenty of experience in government with well over 30 years in some facet. The last thing Susan Rice said on whether or not she could be the VP nominee? “All I care about is getting Joe Biden elected president of the United States so that we again have competent, compassionate, loyal, effective leadership in the White House.”

If Susan Rice is the choice by the Biden campaign, expect there to be some backlash on her career…but that is to be expected of anyone. Come election time, all bets are off as we have seen in the past. In late May, Rice’s odds were over 30:1, as you can see.


Kamala Harris Democratic VP Odds – Favored to Win

Betting on the 2020 Election favorites means betting on Kamala Harris to be Joe Biden’s running mate. Currently, she favored at +100 to be on the ticket and has been the favorite since March 2020. Kamala is a senator from California, and given the momentum for her in the betting markets she is the clear favorite. Some believe she may be destined for another job in the White House, should Joe Biden win. For now though, consider her the favorite to be Biden’s running mate. Harris has been in the lead (in terms of odds) for quite some time, and it would be a relative surprise if she was not the selection. The only problem is, odds have certainly gone down as she is even money. Will this trend continue?


Susan Rice, the Next Democratic Vice President?

As of June 15th, Susan Rice has moved to +500 to be Joe Biden’s Vice President candidate, but has settled at +700. Rice has skyrocketed up the board of late, and with just a few months until the election it will be a big one to follow. After Kamala Harris, Susan Rice is the one candidate that could truly move the needle in terms of odds movement going forward.


Amy Klobuchar Odds to be Democrat VP

Odds: Off the board in most places

The runner-up in terms of odds was Minnesota senator Amy Klobuchar, who has been right behind Harris as far as odds during the duration of the betting cycle. She has since fallen all the way to +5000. Some believe that her ability to help in swing states such as Ohio and Iowa will make her a great choice from Biden’s camp, but many worry that she will not contribute anything that Joe Biden himself could in terms of voter turnout. Given the above tweet about her raising $1.5M during a pandemic proves that Klobuchar has a following though, so that remains to be seen. Her odds have fallen too far for her to be considered a threat.


Could Michelle Obama be the Vice President?

Odds: +1600

Could a Obama/Biden Democratic ticket happen again? This time, it would be Biden/Obama and would be Michelle Obama on the ticket. While at +1700, her odds were much higher a few months ago. Given the above tweet about a committee looking to form for her to be the next VP candidate on Joe Biden’s ticket, her obvious experience as the First Lady, and popularity amongst Democratic voters in the United States, this makes more sense than some others. There seems to be real momentum behind a possible Vice Presidency bid for Michelle Obama. Could we see another Biden/Obama ticket in 2020?

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