Bloomberg’s Democratic Nomination Odds Continue to Improve Ahead of His First Debate

• The odds of Michael Bloomberg winning the Democratic nomination have gone from from +253 to +213 over the last week
• How might his first appearance in a Democratic Presidential debate on Wednesday impact those odds?
• The latest betting futures for all the remaining Democratic contenders are listed below

Regarding Michael Bloomberg and the 2020 Democratic Presidential nomination, the billionaire businessman and former New York mayor is hot. He’s riding a wave of popularity since entering the race last November. But now, it’s time to go to work.

Bloomberg will be confronted with his first face-to-face opposition during Wednesday’s Democratic Presidential debate in Nevada.

To date, he’s been able to steadily rise among the contenders without even participating in a primary. Across the leading sportsbooks, Bloomberg saw another positive shift come his way in the Democratic nomination odds. He improved from +253 to +213 in the past week.

2020 Democratic Nomination Odds

Odds taken Feb. 19.

Sportsbooks list Bloomberg as their second favorite at +200.

Game On For Bloomberg

Every team breaks training camp thinking they’ve assembled a winning squad. Then the games begin, and reality sets in.

For Bloomberg, practice is over. He’s been able to gain a foothold in this race thanks, mostly, to a massively expensive advertising campaign aimed directly at US President Donald Trump.

For the first time during Wednesday’s debates, Bloomberg will face the grilling of his Democratic opponents. And there’s plenty of ammunition they can aim his way.

Tonight Bloomberg must answer for:

— Stop & frisk
— His defense of redlining
— Sexual harassment
— His advocacy of Wall Street
— Never disclosing taxes
— Being a Republican
— Trying to buy the election#AskBloomberg

— Robert Reich (@RBReich) February 19, 2020

There’s his stop-and-frisk policy as mayor of New York. Accusations of racism and sexual harassment have also been made against Bloomberg. And let’s not forget that when he was mayor, Bloomberg ran as a Republican.

The hashtag #AskBloomberg was trending Wednesday on Twitter. Democratic Presidential candidates Joe Biden and Bernie Sanders and President Trump were attacking Bloomberg’s record via social media.

Biden on Bloomberg

“The truth is he’s basically been a Republican his whole life. The fact of the matter is he didn’t endorse Barack or me when we ran. This is a guy using Barack’s pictures like, you know, they’re good buddies. I’m going to talk about his record” pic.twitter.com/m0MXsVksUL

— Marc Caputo (@MarcACaputo) February 19, 2020

How he’s able to parry their attacks could significantly impact Bloomberg’s betting line positively or negatively.

Can Money Buy The Nomination?

They say that money can’t buy happiness. But cold, hard cash has been buying elections for years.

Is that Bloomberg’s gameplan? The Wall Street Journal reports that the Bloomberg campaign intends to buy positive reinforcement from within.

https://twitter.com/jelani9/status/1228861884180373504?s=20

Hundreds of Bloomberg staffers can earn up to $2,500 a month; all they need do is post positive messages about him on their personal social media accounts.

Sanders and Elizabeth Warren have already accused the billionaire of trying to buy the nomination.

Is Bloomberg Doing More Harm Than Good?

In horse racing, top trainers with deep stables will put a speed horse in as an entry. The goal is to set a fast pace that will wear down the favorite. Fast frontrunners with no staying power, known as rabbits, are often utilized in distance races in track and field to create a similar impact.

What’s Bloomberg’s ultimate role here? Is his goal merely to do as much damage to Trump as he can and then step aside? Is he truly seeking the nomination?

https://twitter.com/nkjemisin/status/1230278333172244482?s=20

His late entry to the race and the fact that he won’t be officially on the ballot until Super Tuesday give off that impression. But what Bloomberg might actually be hampering the chances of other moderates like Biden, Pete Buttigieg and Amy Klobuchar.

Bloomberg’s disruption could end up giving Trump what he so wants. That’s a showdown for the Presidency against Sanders and his socialist policies.

This article may contain links to external sports betting services. SBD may receive advertising revenue from these links, however editorial has hand-picked each individual link based on relevance to the article, without influence on the coverage.