November 6th 2024.
It seems that President Trump's lead in the Presidential Election may not be as secure as he initially thought. According to bookies, the odds of him winning have been drastically reduced to the lowest they've been since July. In fact, Betfair has stated that Trump's odds are now at 4/9, while his opponent Kamala Harris is ranked at 11/4. These were the same odds that Joe Biden had when Trump won Florida, before Biden eventually secured victory the following day.
In the past ten minutes alone, an astonishing £2,000,000 has been wagered on the outcome of the election, with more bets expected to come in. Betfair spokesperson Sam Rosbottom has commented on the sudden shift in odds, stating that Trump now has a 68% chance of winning the election. This is a significant change from before, when Harris was favored to win.
Other betting websites, such as Oddschecker, also show Trump as the favorite with odds of 4/7, while Harris is at 3/1. As the night progresses, it seems that Harris is currently in the lead, with several states already called in her favor, including Vermont. However, there are still many hours left before the polls close in all states, so anything can happen.
In the past, it has been known for a clear winner to be declared within hours of the polls closing. However, there have also been instances where it takes days or even weeks for an official tally to be released, as each state has its own counting procedures. This is especially true for a country as large as America, where the final results may not be available for a while.
Typically, it is known who has won the election by the next morning, but there have been cases where it takes a few days. This is because the winning candidate must secure at least 270 electoral college votes, which can take longer in a close race. And even after the votes are counted, results may not be finalized for weeks or even months, as was the case in the previous US election.
In 2020, it took four days after election day for Joe Biden to declare victory, after he won the key swing state of Pennsylvania. It just goes to show that in a Presidential Election, anything can happen and the final results may not be known for some time.
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