“Devote the next two years to talking about my ideas and record, knowing that I might never win the Democratic nomination \u2026 or two years doubling down on the work that I am already leading and funding?” Bloomberg pondered in his reasoning. “I have concluded that, for now, the best way for me to help our country is by rolling up my sleeves and continuing to get work done.”<\/p>\n
The campaign struggles by Biden \u2013 Bloomberg’s preferred 2020 Democratic pick \u2013 has the billionaire reevaluating that decision.<\/p>\n
\nBloomberg is in if Biden is out,” a source close to the former mayor of New York City told CNBC<\/i>.<\/p>\n<\/blockquote>\n
Political observers have questioned whether Biden actually wants to be in this race, or if he’s doing it out of some sort of moral obligation to appease Democrats who believe he’s their best chance to evict Trump from the White House. Dubbed “Sleepy Joe” by the President, Biden’s PredictIt shares have tumbled from 30 cents in August to 21 cents today \u2013 a 30 percent decrease.<\/p>\n
Political Odds<\/b><\/h2>\n
Sportsbooks in the US aren’t permitted to take bets on political outcomes. However, they are overseas.\u00a0 Bookmaker William Hill gives Warren the shortest odds of winning the Democratic ticket at 4\/5. A $100 bet on the Massachusetts senator winning the nomination would net $80. The line implies a chance of 55.56 percent.<\/p>\n
Biden is next at 7\/2, a $100 wager netting $350. Clinton is third at 9\/1, Buttigieg fourth (12\/1), and Sanders fifth (14\/1). Bloomberg is a distant 100\/1.<\/p>\n
A few notable odds on other potential Democrats include former Democratic presidential candidate Sen. John Kerry (200\/1), former First Lady Michelle Obama (100\/1), and Oprah Winfrey (100\/1).<\/p>\n
As for the presidential election outcome, Trump is the favorite at 6\/5. Warren is at 2\/1, and Biden 8\/1.<\/p>\n","protected":false},"excerpt":{"rendered":"
Michael Bloomberg, one of the wealthiest individuals on the planet, is reconsidering entering the 2020 presidential race amid struggling performances from the current Democratic frontrunners. Worth an estimated $51 billion \u2013 No. 8 on the Forbes list of world billionaires \u2013 Bloomberg has reportedly told his closest associates that he’s again mulling a presidential bid. […]<\/p>\n","protected":false},"author":25,"featured_media":117218,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[19853,61],"tags":[],"acf":[],"yoast_head":"\n
Michael Bloomberg Reconsidering 2020 Run, Odds Shorten<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n