DraftKings Offers Another $50K Free Debate Pool, Biden Maintains Betting Lead
Posted on: October 22, 2020, 10:29h.
Last updated on: October 22, 2020, 12:09h.
DraftKings is once again offering a free-to-play presidential debate pool with $50,000 up for grabs. Players who enter are tasked with answering nine questions on the debate outcome. Those who successfully predict the answers will share the $50,000 pot.
Moderator Kristen Welker of NBC News will ask President Donald Trump and former VP Joe Biden questions on six topics: Fighting COVID-19, American Families, Race in America, Climate Change, National Security, and Leadership. The event will air live at 9 pm ET from Nashville, Tenn.
One DraftKings question is, “Which presidential candidate will interrupt the other one first?” Answers are Trump, Biden, and “neither candidate will interrupt the other one,” the latter a seemingly implausible outcome based on their first debate showdown.
Which state will be mentioned first by either candidate?” is another question. The answers are Florida, Pennsylvania, Ohio, Michigan, North Carolina, and none of the above.
DraftKings held a similar presidential debate free-to-play prize pool when Trump and Biden first squared off in September. The marketing ploy apparently paid off for the sportsbook operator, as it’s ready for round two.
To play the DraftKings presidential pool, players must create an account with the platform. If they win, their share of the $50,000 is awarded in DraftKings credit.
Sports betting operators are battling for market share thanks to increasing competition from new sportsbook companies attempting to capture the growing legal sports betting market. Sportsbooks in the US still cannot accept wagers on political outcomes, as no state gaming regulatory agency has approved of such wagering.
Biden Betting Favorite
Biden has stepped off the campaign trail over the past five days. Instead, he’s opted to prepare for tonight’s debate at his home in Wilmington, Del. Trump has held numerous rallies during that time in key swing states such as North Carolina, Pennsylvania, and Arizona.
Biden’s absence in recent days hasn’t wooed PredictIt bettors to take new positions in Trump shares. The Democratic challenger holds steady as the front-runner, his shares of evicting the President from the White House at 65 cents. Trump’s shares of winning on November 3 are at 40 cents.
Overseas, where oddsmakers have long offered lines on US elections, Biden is the betting front-runner. William Hill has Biden at 8/15 (64.89 percent) and Trump at 6/4 (40 percent).
Trump Final Push
Though Nate Silver’s FiveThirtyEight gives Trump just a 12 percent chance of winning reelection, there has been some late action on the President.
The majority of the overseas betting money, OddsChecker.com reports, has been on Trump over the past week. As a result, many UK books have shortened their line on the President.
Tonight’s debate is the second and final one-on-one between Trump and Biden. And oddsmakers are having some fun with debate props:
- What will Biden say first? “Come on man” (+150), “Scranton” (+175), “Malarkey” (+240), “Inshallah” (+2000).
- What will Trump say first?” “Fake news” (-135), “China virus” (+105).
- Will Trump or Biden curse on air? Yes +1000, No -4000.
- Whose microphone will be muted first? Trump -250, Biden +185.