Joe Biden's odds to win presidency have hit 86 per cent edging him closer to the White House, gamblers are predicting.
According to the latest tally of odds by Election Betting Odds, Biden is at an 86.8 per cent chance of winning while Donald Trump was placed at just 12.5 per cent.
Betfair Exchange also said Biden is now 1/6 (86 per cent chance) to win the US election.
Their latest prediction on Trump said he is now 6/1 (14 per cent chance) to beat the Democrat with the possibility of him being re-elected fading significantly from his average odds.
Betfair spokesman Sam Rosbottom said: “ Joe Biden has strengthened again and is now up to an 86 per cent chance to win the election on Betfair Exchange.
"After a rollercoaster 24 hours, it looks like Donald Trump's prospect of re-election is finally starting to fade significantly as his route to victory narrows again."
“The battle for the finish line in the US Election is playing out very similarly to our special Race to the White House Stakes horse race which aired on polling day to predict the winner.
"Our race saw BidenHisTime beat SuperTrump in a photo finish after the two runners were locked neck and neck in a ding-dong dash down the home straight.”
Joe Biden has launched a transition website, the "Biden-Harris Transition", site which has gone live in the hours after the November 3 election, despite votes still being counted in what is a much tighter race than polls predicted.
And while the Republican incumbent leader quickly began sowing the seeds of doubt, insisting electoral fraud, Democrat Biden's camp remains confident of a narrow victory.
The one-page site, using the URL buildbackbetter.com, emphasises the "American people will determine who will serve", contrasting the signals coming from Trump, who is threatening court action, after wrongly suggesting counting mail-in ballots is illegal.
