Trump's Odds to Win Nobel Peace Prize Improve

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Trump's Odds to Win Nobel Peace Prize Improve
US President Donald Trump. Photo by MANDEL NGAN / AFP

The President of the United States could win a Nobel Peace Prize. Yes, you read that right. Donald Trump’s prospects for a Nobel Peace Prize have just improved, and so did the betting odds.

How Was Trump Nominated?

Only a week ago, President Donald Trump struck an unconvincing pose for a Nobel Peace Prize. The top sports betting sites didn’t rate his chances at all, installing him instead as a massive underdog at +10000 to win the coveted honor.

Today, the betting landscape is looking more favorable upon Donald Trump, after a Norwegian lawyer and politician, Christian Tybring-Gjedde, submitted a nomination for the “America first” president. It’s worth noting, the Norwegian Nobel Committee bestowed the award in 2009 on Barack Obama – for his extraordinary efforts to strengthen international diplomacy and cooperation between peoples.

In an interview with Fox News, the Progress Party’s Tybring-Gjedde cited Trump’s work to broker the historic deal between Israel and the United Arab Emirates as the reason for the nomination. As he described it, “for a peace agreement between the United Arab Emirates and Israel which opens up for possible peace in the Middle East”.

The White House released a statement on Wednesday saying, “This peace deal is a testament to the bold diplomacy and vision of President Trump, and he is honored to be considered by the Nobel Committee.”

The upshot of this latest development: Oddsmakers have lifted Trump up the board for the Nobel Peace prize, and now he’s trading as favorably as Microsoft co-founder and philanthropist Bill Gates for the prestigious award at +2000.

Who Else Is Nominated?

Jacinda Ardern, New Zealand’s Prime Minister, leads the charge in the betting for the 2020 Nobel Peace Prize at -500. The Prime Minister has earned global praise for her exemplary handling of the coronavirus pandemic in New Zealand.

The World Health Organisation is in the running as the second-best bet at +250 and teenage activist Greta Thunberg of Sweden comes in as the third-best bet at +300. In fact, back in March, well before the global pandemic started, Thunberg was the short-odds-on favorite to get the nod. Other contenders for the prize, listed shorter than Trump are UNHCR +500, Black Lives Matter at +1600, and Moon Jae-in at +1800.

New Zealand’s Prime Minister Jacinda Ardern Photo by Marty MELVILLE / AFP

In an election year that has seen some spectacular ups and downs in the race to the White House, it’s impossible to rule out Trump’s chances of winning the Nobel Peace Prize.

Take for instance the fact that as late as July, Trump was tipped as the +150 underdog to win the 2020 US Elections odds. Then Biden was riding high as the -180 fave, or thereabouts depending on the top-rated sportsbook.

Today, Trump has closed on his Democratic rival with many of the top sportsbooks – even going as far as overtaking Biden. Clearly, in spite of all the criticism levied at Trump over the last few arduous months, nobody is ruling him out from the November elections. Supporters and critics, alike. By that same token, rightly or wrongly, his merit for a Nobel Peace prize is being taken seriously.

The Race To The White House Heating Up

Betonline and Sports Betting both tips Donald Trump as the favourite in political betting markets, priced at -120 to retain his seat at the Oval Office. Joe Biden, by contrast, is priced at even odds +100 to become the 46th president of the United States.

Other sportsbooks take a different view this week. Bovada’s politics odds (visit our Bovada Review) install both Biden and Trump in minus money. With Biden at -115 edging ahead of Trump at -105 ever so slightly. Intertops mirrors Bovada with both presidential candidates in minus money but at slightly higher prices of Biden -120 and Trump -110.

In the meanwhile, BookMaker makes a statement by installing Biden as the -133 fave and Trump as the +108 underdog. To date, BookMaker’s politics odds (visit our BookMaker Review) represent the biggest discrepancy between the two candidates.