Democratic challenger Joe Biden continues to be poised on 264 electoral college votes as counting continues in Alaska, Georgia, Nevada, North Carolina and Pennsylvania.
Biden is ahead in Nevada, where a win would gain him the six electoral college votes he needs to declare an absolute majority, but is also gaining on Donald Trump in Pennsylvania and Georgia.
Latest US election odds: next US president
Joe Biden is now a red hot favourite in the latest US election odds from Betfair.
Odds correct at the time of publishing and subject to change.
US election betting: Biden poised to prevail
Much as he did throughout Thursday, Joe Biden needs just six more electoral college votes to earn an absolute majority and claim the win in the US Election.
The Democratic challenger is now very, very short in the latest US Election odds at around 1/18, reflecting his increasing advantage in the Nevada count as votes continue to come in.
Elsewhere, the Associated Press show Biden as having tied Georgia with around 1% of votes left to count, while he has also eaten into Donald Trump’s lead in Pennsylvania where 3% of votes are still to be tallied.
Trump’s odds are out to a lowly 14/1, although it remains unlikely that he will concede the election any time soon, having made claims of illegal votes being cast and calling on the US Supreme Court to decide the election.
When will we know the US election results?
It’s by no means unusual that US election results and US election odds betting markets aren’t announced or resolved on election night or even the following day.
Back in 2000, the country waited almost 40 days following election night to learn George W Bush had beaten Al Gore, after a recount was required in Florida. Eventually the Supreme Court was required to call a halt to result wranglings.
With more postal votes cast than ever before, it appears very possible the result of the 2020 US presidential election may not be known for some time.
All odds within this article correct at the time of publishing and are subject to change.