National polls suggest Democratic nominee Joe Biden has an 87% chance of winning the 2020 presidential election, but four years ago, the United States watched as President Donald Trump won despite polls that stated former Secretary of State Hillary Clinton had an 85% chance of winning.

1. Who Is Going To Win The American Presidency
2. Who Is Favored To Win The Presidency

• Mark Hulbert Opinion: This spot-on predictor of who will win the 2020 presidential election is not the stock market or even opinion polls Published: July 11, 2020 at 2:01 p.m.
• We’re just over two weeks into President Joe Biden’s first term in office at the White House, which means the clock is now ticking on 2024 U.S. Presidential election odds. Even though Biden won the 2020 U.S. Presidential election with Kamala Harris as his running mate, it’s Harris who is the favorite to be the POTUS in 2024.

As of Tuesday, polls have Biden ahead by about nine points, a lead that has remained relatively stable since mid-June. Though the most competitive races are not in Pennsylvania, Wisconsin or Michigan, many forecasts say these states — especially Pennsylvania, where Biden leads by 5.2 points — will be the deciding factor in who becomes president.

“In the end, why are polls used? Well, it’s because they’re pretty accurate,” said Henry Brady, dean of UC Berkeley’s Goldman School of Public Policy. “My guess is they’re pretty much on the mark right now. There are errors in them, though, and you’ve got to take that into account.”

According to Brady, there are three different error types, one of which is sampling error.

While a random sample of 1,000 Americans can “certainly well-approximate” the larger nation of more than 300 million, it can be difficult to create a truly random sample, according to campus political science associate professor David Broockman.

I do want to say a few things about these odds. I believe it is crazy to have Pence and Nikki Haley so close to the top. Nikki Haley has no constituency besides the swamp in Washington D.C. Former Vice President Mike Pence has a bigger constituency than Nikki Haley but would need an endorsement from Trump to win. If Trump runs he is the. In the throes of Election Night, a few betting markets now are starting to indicate incumbent President Donald Trump could be a favorite to win a second term in the White House in the presidential. The two lead candidates fighting it out to win the 2020 presidency are Democrat challenger Joe Biden and the current President of the United States. Trump’s odds are 21/10, giving him a.

The other two error types are mode and house errors, which account for the impact on poll results that different polling methods or organizations may have. Brady added that these differences can lead to biases in who responds to the poll.

“When you put all those three sources of error together, the amount of error in any given poll is at least double what is usually reported,” Brady said.

As a result, polls will often be aggregated to minimize the impact of errors in individual polls. One such aggregator, FiveThirtyEight, also weighs the polls by how accurate they have been in the past.

While polls in 2016 failed to accurately predict who would win the presidential election, Brady said they were largely correct with regard to the popular vote. Polls had predicted Clinton would win the popular vote by 3% — she won by just over 2%.

According to Brady, the reason 2016 polls failed is that they didn’t collect sufficient data from Electoral College swing states such as Wisconsin, where it was assumed Clinton would win. They also failed to accurately measure non-college educated men, a demographic that ended up being a large part of Trump’s base.

Another factor in 2016 was the large number of undecided voters who “broke” for Trump in the last few weeks after polling concluded, Brady added.

“There’s maybe only 5-7% of undecided voters now,” Brady said. “Even if every single one of them voted for Trump, given the lead Biden seems to have in the polls, it’s likely Biden would win.”

It is still possible for Trump to win, however. FiveThirtyEight gives Trump a 12% chance of winning the election, as of press time. That chance jumps to 69% if he wins Pennsylvania, which is why many polls say Pennsylvania will be the tipping-point state.

Biden’s current lead over Trump in Pennsylvania is 5.2 points, according to FiveThirtyEight. This is more than a normal-sized polling error, but polls were off by 4.4 points and Trump narrowly won the state in 2016.

FiveThirtyEight predicts that if Biden does not win the state, he still has a 30% chance of winning the election, as he can still win other Midwestern states such as Michigan and Wisconsin. Conversely, if Trump does not win Pennsylvania, his chances of reelection fall to 2%.

“One of the biggest problems in polling, though, is something that they have a hard time capturing, and that is figuring out who is going to turn out to vote,” Brady said. “You can ask people how they’re going to vote, and typically we believe that most people tell the truth, but that doesn’t mean they’re going to go and vote.”

Broockman said there is also evidence showing that a large lead in the polls increases certainty about an election outcome and, as a result, demobilizes potential voters and decreases voter turnout.

Brady said this was an issue in 2016 especially, as there were many “lukewarm” voters, who may have decided not to vote as it seemed certain Clinton would win.

“In this election, there’s very few lukewarm voters. There’s mostly people who are very intense, and it seems unlikely that a poll result is going to have much impact on whether or not they vote,” Brady said. “Given the experience of 2016, people are going to say, ‘Boy, I’d better vote because I don’t want to be wrong.’ ”

Contact Maria Young at [email protected].

Faux News has been trying to their best all night to knock down any chances of Trump winning reelection. Between their biased “probably arrows” to their constant CNN like cackling on the air might give you the false impression that Biden is headed for an easy win tonight. Turns out that’s not the case! The betting odds, which favored Biden at least 2-1 before polls closed have now totally flipped, with Trump now favored to win a second term!

BREAKING:

Donald Trump is the betting favorite to win the 2020 US Presidential Election for the first time since September 2nd. #ElectionDay

Updated odds (per Bovada):

Who Is Going To Win The American Presidency

Donald Trump -130
Joe Biden EVEN

— Odds Shark (@OddsShark) November 4, 2020

Trump is now odds on to win in the betting markets. The pollsters could be wrong again.

— Nigel Farage (@Nigel_Farage) November 4, 2020

Trump is now favored in the betting markets to win. Buckle up. I told you it was going to be a wild night. https://t.co/3c5WAbp5fk

— Clay Travis (@ClayTravis) November 4, 2020

MASSIVE shift in the betting odds. President Trump now the favorite pic.twitter.com/J10IyXMUQ3

Who Is Favored To Win The Presidency

— Bongino Report (@BonginoReport) November 4, 2020