Where 2020 Democrats stand in betting markets ahead of first debate

Where 2020 Democrats stand in betting markets ahead of first debate

Former Vice President Joe BidenJoe BidenHillicon Valley: Biden calls on Facebook to change political speech rules | Dems demand hearings after Georgia election chaos | Microsoft stops selling facial recognition tech to police Trump finalizing executive order calling on police to use ‘force with compassion’ The Hill’s Campaign Report: Biden campaign goes on offensive against Facebook MORE is not only leading the field of Democratic presidential contenders in polls, he’s also leading in another vital tool to evaluate races: prediction and betting markets.

A look at three major prediction and betting markets shows Biden with a substantial lead to win the Democratic nomination, followed by Sens. Bernie SandersBernie SandersThe Hill’s 12:30 Report: Milley apologizes for church photo-op Harris grapples with defund the police movement amid veep talk Biden courts younger voters — who have been a weakness MORE (I-Vt.), Elizabeth WarrenElizabeth WarrenWarren, Democrats urge Trump to back down from veto threat over changing Confederate-named bases OVERNIGHT DEFENSE: Joint Chiefs chairman says he regrets participating in Trump photo-op | GOP senators back Joint Chiefs chairman who voiced regret over Trump photo-op | Senate panel approves 0B defense policy bill Trump on collision course with Congress over bases with Confederate names MORE (Mass.) and Kamala HarrisKamala Devi HarrisRand Paul introduces bill to end no-knock warrants The Hill’s Campaign Report: Biden campaign goes on offensive against Facebook McEnany says Juneteenth is a very ‘meaningful’ day to Trump MORE (Calif.), as well as South Bend, Ind., Mayor Pete ButtigiegPete ButtigiegScaled-back Pride Month poses challenges for fundraising, outreach Biden hopes to pick VP by Aug. 1 It’s as if a Trump operative infiltrated the Democratic primary process MORE.

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That order roughly reflects the standing of the Democratic contenders in polls — except for one surprise: tech entrepreneur Andrew YangAndrew YangGeorge Floyd protests show corporations must support racial and economic equality Andrew Yang discusses his universal basic income pilot program Andrew Yang on the George Floyd protests in Minneapolis MORE, who places highly in each of the betting markets, far above where he stands in traditional surveys.

The Hill will take a look at these three markets before and after each of the Democratic debates, to show how perceptions have shifted among people willing to bet money on candidates.  

Here’s where candidates currently rank, just hours before the first debate is set to kick off on Wednesday evening. A second debate will follow on Thursday:

PREDICTIT

Click Here: Putters

The platform is the most popular political prediction market. Modeled like a stock market, participants bet on whether the candidate will, or will not, become the nominee — a decision that can increase or decrease the value assigned to each candidate. 

26 cents: Biden

22 cents: Warren 

15 cents: Sanders 

14 cents: Yang

13 cents: Buttigieg 

12 cents: Harris

5 cents: Sen. Cory BookerCory Anthony BookerRand Paul introduces bill to end no-knock warrants Black lawmakers unveil bill to remove Confederate statues from Capitol Harris grapples with defund the police movement amid veep talk MORE (N.J.), former Rep. Beto O’RourkeBeto O’RourkeBiden will help close out Texas Democrats’ virtual convention: report O’Rourke on Texas reopening: ‘Dangerous, dumb and weak’ Parties gear up for battle over Texas state House MORE (Texas)

4 cents: Sen. Amy KlobucharAmy KlobucharHillicon Valley: Biden calls on Facebook to change political speech rules | Dems demand hearings after Georgia election chaos | Microsoft stops selling facial recognition tech to police Democrats demand Republican leaders examine election challenges after Georgia voting chaos Harris grapples with defund the police movement amid veep talk MORE (Minn.), Rep. Tulsi GabbardTulsi GabbardGabbard drops defamation lawsuit against Clinton It’s as if a Trump operative infiltrated the Democratic primary process 125 lawmakers urge Trump administration to support National Guard troops amid pandemic MORE (Hawaii)

2 cents: Sen. Kirsten GillibrandKirsten GillibrandWarren, Democrats urge Trump to back down from veto threat over changing Confederate-named bases Warren, Pressley introduce bill to make it a crime for police officers to deny medical care to people in custody Senate Dems press DOJ over coronavirus safety precautions in juvenile detention centers MORE (N.Y.)

1 cent: Sen. Michael BennetMichael Farrand BennetSome realistic solutions for income inequality Democratic senators kneel during moment of silence for George Floyd 21 senators urge Pentagon against military use to curb nationwide protests MORE (Colo.), Reps. Tim RyanTimothy (Tim) RyanMinnesota AG Keith Ellison says racism is a bigger problem than police behavior; 21 states see uptick in cases amid efforts to reopen Congress must fill the leadership void Pelosi pushes to unite party on coronavirus bill despite grumbling from left MORE (Ohio) and Eric SwalwellEric Michael SwalwellNASCAR bans display of Confederate flag from events and properties Gloves come off as Democrats fight for House seat in California Grenell says intelligence community working to declassify Flynn-Kislyak transcripts MORE (Calif.), Washington Gov. Jay InsleeJay Robert InsleeInslee calls on Trump to ‘stay out of Washington state’s business’ Seattle mayor responds to Trump: ‘Go back to your bunker’ Trump warns he will take back Seattle from ‘ugly Anarchists’ if local leaders don’t act MORE, Montana Gov. Steve BullockSteve BullockKoch-backed group launches ad campaign to support four vulnerable GOP senators Overnight Energy: US Park Police say ‘tear gas’ statements were ‘mistake’ | Trump to reopen area off New England coast for fishing | Vulnerable Republicans embrace green issues Vulnerable Republicans embrace green issues in battle to save seats MORE, former Housing and Urban Development Secretary Julián Castro, former Colorado Gov. John HickenlooperJohn HickenlooperGun control group rolls out first round of Senate endorsements The Hill’s Campaign Report: Republicans go on attack over calls to ‘defund the police’ Hickenlooper ethics questions open him up to attack MORE, former Rep. John DelaneyJohn DelaneyThe Hill’s Coronavirus Report: Kansas City Mayor Quinton Lucas says country needs to rethink what ‘policing’ means; US cases surpass 2 million with no end to pandemic in sight Minnesota AG Keith Ellison says racism is a bigger problem than police behavior; 21 states see uptick in cases amid efforts to reopen The Hill’s Coronavirus Report: Singapore Minister for Foreign Affairs Vivian Balakrishnan says there will be consequences from fraying US-China relations; WHO walks back claims on asymptomatic spread of virus MORE (Md.), author Marianne WilliamsonMarianne WilliamsonMarianne Williamson touts endorsements for progressive congressional candidates The Hill’s 12:30 Report: Warren becomes latest 2020 rival to back Biden The Hill’s Campaign Report: Biden looks to stretch lead in Tuesday contests MORE, New York City Mayor Bill de BlasioBill de BlasioProtesters splash red paint on NYC streets to symbolize blood De Blasio: Robert E Lee’s ‘name should be taken off everything in America, period’ House Democratic whip pushes back on calls to defund police: We need to focus on reform MORE

BOVADA*

Bovada uses more traditional betting odds, like the ones for sporting events. Numbers reflect potential gains, with favorite candidates returning less than those seen as long-shot candidates.

+200: Biden

+400: Buttigieg

+450: Sanders

+550: Harris

+700: Warren

+1,200: Yang

+1,800: O’Rourke

+3,000: Gabbard

+3,300: Booker

+4,000: Klobuchar

+8,000: Castro, Gillibrand

* A previous version of this story used Bovada’s chances of winning the presidency, but it has been updated to reflect the odds of winning the nomination.

BETONLINE

BetOnline uses the same odds system as Bovada.

+175: Biden

+350: Warren

+500: Buttigieg

+800: Sanders, Harris

+1,000: Yang

+2,500: O’Rourke

+3,300: Booker

+5,000: Gillibrand, Castro, Klobuchar, Gabbard

+10,000: Hickenlooper, Delaney, Ryan, de Blasio, Rep. Seth MoultonSeth MoultonEx-CBO director calls for more than trillion in coronavirus stimulus spending Overnight Defense: Trump’s move to use military in US sparks backlash | Defense officials take heat | Air Force head calls Floyd’s death ‘a national tragedy’ Democrats blast Trump’s use of military against protests MORE (Mass.), Bullock, Inslee, Swalwell, Bennet

— Updated at 3:15 p.m.