Betting market favors a Biden win

I don’t know how much credence to give “the betting markets,” but it is telling that Trump’s campaign is now spending a bunch of money on TV ads in an attempt to hang on to Texas, where Biden is nearly in a statistical tie.

The last time Democrats won Texas was 1976 when they ran a Southerner against an unpopular, unelected incumbent who unexpectedly ended up in the job because predecessor resigned in scandal. It wasn’t supposed to be a swing state in 2020, but here we are.

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