Control of the House of Representatives and US Senate are up for grabs on Tuesday and recent polls indicate that it will be the Republicans who will be in control of both chambers. We take a look at the latest Betfred prices for key races in the Senate…
A month or so ago, cautious optimism was the feeling coming out of the Democratic Party as poor candidates with scandals coming out of their ears struggled to make a dent in polling in key swing states. However the recent trend has them closing the gap to within the margin of error or even ahead in Pennsylvania, Georgia, Nevada and Arizona, four key seats that Joe Biden’s party really need to win if they want to hold the Senate.
We’ll start off in Arizona where former astronaut Mark Kelly is still just about favourite to hold off venture-capitalist Blake Masters. The Grand Canyon State has been one of the big battlegrounds when it comes to talking about the 2020 Presidential Election and the incumbent has held relatively comfortable leads in the polls. Just three months ago he held a ten-point lead but that has whittled down to around a point. The Democrats are 8/11 to hold but Evens to lose.
In Pennsylvania, John Fetterman looked strong but a pre-election stroke has been a big part of the campaign with Dr. Mehmet Oz. A poor performance in a television debate has really closed the polls in recent days to the point where it is a statistical dead heat. The Democrats had a 12-point lead in August and a six-point one just a month ago. Oz is now 8/15 to hold the seat for the Republicans with a Democratic pickup 11/8.
Politics Betting Odds
Nevada has been moving towards the Democrats over the past few election cycles but the demographics are not as strong as say Georgia. The Covid-19 pandemic really hurt the Las Vegas market with a slowdown in the local economy. This has been one of the most competitive races with both the Democratic incumbent and her Republican challenger both having seen favouritism in the markets. Recent polls have seen Adam Laxalt pulling clear and the 1/2 price represents that. 6/4 for Catherine Cortez Masto.
When it comes to Georgia, which has received the vast majority of the national attention, incumbent Raphael Warnock has seen his lead of around four points ebb away as former Football star Herschel Walker has floated on a sea of disillusionment with inflation to make this an incredibly tight race. The Peach State is now just 8/15 to return Walker as a Senator and the pastor is 11/8 to go back to Washington.
Betfred have 54 or more Senate Seats going Republican as the 7/2 favourite in that market with 51, 52 and 53 all 4/1. That shows just how much the polling has moved in recent weeks as the overturning of Roe v Wade and the January 6 attack on the Capitol have been relegated to secondary factors when it comes to how to vote, with the current financial situation having taken over.
Things look bleak for the Democrats if you look at the Betfred odds but political betting markets are always volatile, so expect plenty of movement over the next 24 hours or so before results start trickling in.
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