betting markets 2021 presidential candidates

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Betting markets 2021 presidential candidates

As it became clear that Trump was leading there, bettors shifted toward the president, and his chance of winning increased from 35 percent to 44 percent by 9 p. Watt said that 93 percent of bets at one bookmaker, Paddy Power, were on Trump at about p. Events were moving quickly. By 10 p. By 11, he was up to 69 percent. Those odds are based on the best prices available.

But, of course, some bookmakers vary in one direction or another, based in part on the bets they have accepted. The odds implied that Trump had as much as an 85 percent chance of winning. But overnight, things shifted back to Biden. And though Election Day is over, betting will continue until it is clear who won, however long that takes. As of early Wednesday morning, betting markets had Trump around 25 to 30 percent to win.

A bit lower than 24 hours before, but still a significant chance. While many voters have strong passions about their candidate, bettors who want to maximize their return have to leave those opinions aside and bet with their heads, not their hearts. A wise wagerer who bet on Trump when he was a underdog, and also bet on Biden at or more at his low point at 10 p.

Sports Gamblers Outside the U. Donald Trump flipped the script with the biggest political upset in history and if you were one of the select few who saw value on oddsboards in the days leading up to the November election, a significant profit could be made.

Wagering on political outcomes seems a lot more enjoyable, and financially wise, than arguing with strangers on social media. These fluctuating market prices are set by both online oddsmakers and the betting public. Cause and effect. If you believe President Trump, Joe Biden or a dark-horse candidate will win the presidency, a election prop bet is a great way to showcase your political expertise.

After you decide which political prop to wager on, first-time bettors need to understand what the odds mean. Presidential Election. While picking the winner of the United States election is the most popular prop bet to wager on, dozens of exotic props, specials and futures pop up on oddsboards in the months leading up to November 3. Some prop bet specials examples include:.

The handicapping, sports odds information contained on this website is for entertainment purposes only. Please confirm the wagering regulations in your jurisdiction as they vary from state to state, province to province and country to country. Using this information to contravene any law or statute is prohibited. The site is not associated with nor is it endorsed by any professional or collegiate league, association or team. OddsShark does not target an audience under the age of Please visit gambleaware.

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There is always a third-party option but that is usually a waste of time as history has proven that a candidate from either the Republican or Democratic party is the one that will win a presidential term. Sportsbooks have odds up for this wager with the current odds being listed below. Bet Now! The Presidential Pardon is a political tool that Presidents have used throughout the history of the United States. This election is gearing up to be one of the biggest ones yet with sports bettors taking heavy action.

Sportsbooks all over the world are reporting major wagers being taken on both candidates. Brittan has been a major market for Presidential Election betting as many of the biggest wagers came from the UK. President Donald Trump also has a lot of major action being taken on him to retain his seat. The sports bettor reported went all in following consulting with insiders from the Trump campaign. Bovada sets the standard for online sportsbooks and is easily one of the best legal betting sites on the market.

Bovada allows bettors in the US to place wagers on who will win the Presidential Election. Offering US Presidential Betting odds separates Bovada from the crowded pack of online sportsbooks accepting players residing in the US and from traditional retail sportsbooks who cannot list odds on Presidential Elections. Read Bovada Review. Visit Bovada Now! Accessing BetOnline is simple as the mobile friendly website can be visited through any mobile devices web browser since there is no downloadable app available.

BetOnline is a legitimate sportsbook that has never had any issues with paying players out on time while also having various ways to deposit and withdraw funds. If looking to profit off the process of selecting the next US President then BetOnline is the perfect place to do so at. Read BetOnline Review.

Visit BetOnline Now! MyBookie is one of the most comprehensive online sportsbooks offering bets on the US Presidential Election. The mobile friendly site can be accessed while waiting in line at the voting polls or while ordering coffee at a local cafe. Choosing to place bets with MyBookie ensures risk takers are betting at a legitimate sportsbook featuring an easy to reach customer service department should any problems occur.

MyBookie also has a moderate amount of ways to deposit and withdraw funds making this one of the best value sites to bet on which political party will be in control of the office of the US President for the next four years. Read MyBookie Review. Visit MyBookie Now! The Presidential campaign season is almost over as President Donald Trump and Democratic nominee Joe Biden face off in what will be their last debate before Election Day.

This will only be the second time Biden and Trump will publicly debate as the previous debate was cancelled due to coronavirus concerns. This is the last chance for both Presidential Candidates to speak directly to the American People and sway votes or betting odds in their favor. This debate is slated to start around 9 p. After the presidential debate, many betting odds surrounding the election shifted. According to a handful of Twitter polls posted by LegalSportsBetting on a variety of news outlets, the results came back as a Trump victory.

Still, the odds favor Joe Biden though they did regress toward the middle. Sitting at before the debate, Biden is comfortably still in the lead at most sites but has seen his advantage decline. That shift in the Judicial branch of the government right before the election has had little effect on the US Presidential Election betting odds. With only a few days left until Election Day, it seems sportsbooks have already given the nod to Biden. As it presently stands, Justice Barrett being placed on the Supreme Court has caused little, if any movement on the Presidential Election odds.

Types Of Presidential Betting. There are limited ways of betting on which party, or candidate will take over the White House. However, knowing the different ways to bet on US Presidential Elections is key to profiting off the political process. Below are some of the most popular bet types seen at legal sites with Presidential Election Odds. These odds can fluctuate depending on current events surrounding the US Election, or what a candidate says or does.

Furthermore, during the Presidential Primaries before the parties have chosen their nominees is one of the best times to bet on Presidential odds as the options are numerous and the chance to hit on one of the underdog candidates always features a big return for political bettors. Betting on the Vegas Odds for the Presidential Election is hard to do since no legal sportsbook based in the US is allowed to accept bets on Presidential Elections. Although it is illegal to place these bets at a sportsbook based on US soil it is not illegal to place US Presidential Election bets on sports betting sites that are based outside of the United States.

This is what gives betting at offshore sportsbooks an advantage over many of the local retail sportsbooks found through the USA. In terms of likeability, Biden has much more of that than Hillary Clinton did in However, this percentage is expected to be much lower because of Biden. Every person that was a fan of Bernie Sanders can see that he and Biden share a friendship far better than Clinton held with Sanders.

That could seal the Biden vote for those that originally wanted Sanders as President. This race will be much tighter than that of Polls and popularity all favored Clinton heavily but Trump came out victorious. Now each man in this race is pretty evenly matched when it comes to voters in the United States. Polls in September have shown that Biden is at While many bettors prefer to just bet on the overall winner of a given Presidential Election many legal sportsbooks offer odds on which candidate will win the Electoral College in each state.

Betting on the Electoral College is an alternative way to vote on the Presidential Election when the candidate is heavily favored to win the popular vote. The Electoral College is the one process that decides which candidate will win the Presidential Election and betting on each individual state is a good way to build a bankroll off the US Election. Below are two examples of what Electoral College betting on the US Presidential Election would look like at sportsbooks.

Since President Trump has not yet conceded the election there is still a way that neither he or Biden could not even win the office of the presidency. In the event of a tie in the electoral college between Biden and Trump, the senate would select the Vice President and the House of Representatives would select the President.

The odds of this are slim, but the odds indicate that Pelosi will at least maintain her position which would giver her a shot to hold the Presidency temporarily. President Trump and his team of lawyers have filed several lawsuits in the states of Pennsylvania, Arizona, Michigan, Nevada, and Georgia challenging the vote counts in each state. While states are finishing up their recounts and more of the legal cases get decided, expect Democratic nominee Joe Biden to remain the winner of the Presidential Election.

The Presidential debates are some of the most important parts of the American Political Process as it gives candidates the platform to discuss the differences in their campaigns. With two Presidential debates left, there is still time for these odds to shift before Americans decide who will be the Commander in Chief on November 3. These are mostly political prop type bets and there is no limit to how many will pop up at one time. During the debates, which begin at the end of September, bets on how much a certain word is said or how long a candidate will speak are often up for gambling purposes.

With the Coronavirus still being a very big part of daily life, this section of bets for the Presidential Election is expected to be big to make up for the lack of other events happening to wager on. Below you will find a few bets and their odds that are currently up on sportsbooks like Bovada. Now that the Presidential Election has been decided, take a look at what sportsbooks think is in store for both parties the next time Americans have to select who the Commander In Chief will be.

When looking to bet on the Presidential Election and politics as a whole, there are tons of different political prop bets to enjoy and take advantage of. Aside from betting on just who will win the election, bettors can double down and bet on the winning party as well. There are also odds on who will win each state as well as odds for the total amount of voters as well.

Looking at the odds for the Electoral College, there are different states that have been bet on way more than others on BetOnline that if Trump were to win those states, BetOnline could potentially take a huge hit. The one thing that all of these states have in common is that they are all typically Democratic states and are favored that way, but bettors have been taking more risks than usual here and betting that they will turn Red.

Biden began as an underdog, then as the favorite, and now even with President Trump. June was the first month that Biden and Trump tied for the same odds to win. Meanwhile, Biden was scouting for a Vice Presidential running mate and looking specifically at qualified African American women to take on the role of his second in command which raised his popularity numbers in the public eye.

In August and going into September, both men have managed to maintain the same chances at winning the election despite Biden naming Kamala Harris as his Vice President in August. There was hope that naming her officially would give him the upper hand again. Now that it has become clear that Joe Biden has won the US Presidential Election he has begun to assemble pieces of his administration.

One of the biggest questions remains on who President Elect Biden will select as his Attorney General. As the election season wraps up these types of props will be among the top political bets up until the January 21, inauguration. While the betting odds on the presidential candidates are bound to change, bettors can keep aware of when these changes are going to happen by knowing certain key dates.

Some of the most important dates to keep an eye on for betting on the election include:. In addition to these research sites, sportsbooks with election odds are also considered to be prediction markets unto themselves, and political betting was indeed the first kind of prediction market for politics in general. The practice goes back several centuries and has been prominent in the US since at least Presidential prediction markets — and all prediction markets across most industries i.

That said, presidential election betting sites are also considered to be prediction markets, and they process real-money wagers around the clock for US bettors in most states. These political sportsbooks operate outside of United States jurisdiction, making them legal and safe to use, and the political odds hosted by such operators are cited in the mainstream media and used by campaigns just like PredictIt, PredictWise, and sites like FiveThirtyEight are.

For prediction markets, election outcomes are obviously the biggest mover and shaker. These include — but are certainly not limited to — the following:. In the betting market, election prediction is big business, with gamblers all over the world turning a handle of hundreds of millions if not billions!

While every country has election prediction markets and sees bettors placing wagers on domestic votes, the US Presidential election is the most popular by far, and prediction markets are a key tool that bettors can use to gauge public sentiment. Prediction markets are considered to be far more accurate than traditional polls, though political predictions for are all over the place, and for good reason: Never in American history has there been an election with quite this kind of backdrop.

Thus, if you want to make an informed bet, research is your friend. These include the market leader, PredictIt, and a competitor called PredictWise. If you bet on politics, PredictIt should be one of your most frequented resources on the Internet.

They can also trade these shares, as if the picks were stock holdings. PredictIt is designed for educational purposes only, and the non-profit was founded in November as a project of the University of New Zealand Victoria University of Wellington. Right now, the PredictIt President category is the heaviest hitter, with some 88 million shares traded.

Presumptive outcomes are expressed as cents on the dollar. For example, the PredictIt Trump selection shows that Joe Biden is trending at around 63 cents, while The Donald is at about 37 cents. Yes, but not much. PredictWise is the biggest PredictIt competitor, though it is relatively small in comparison, as it does not use a financial motive model for participants. Otherwise, the site uses the same sort of approach, crowd-sourcing various election outcomes and other political fare to achieve a wider, more holistic, more granular, and hopefully more likely series of outcomes.

As a result, political bettors should also use PredictWise when assessing the odds at any Presidential election betting site. The PredictWise numbers are more or less in line with PredictIt, and for the primaries, PredictWise accuracy was considered the best of any market election prediction service. Instead of showing results as cents on the dollar, the site uses typical percentages to express its data.

While you can expect differences, most of the action at PredictWise jibes with the status quo, with the site favoring a Biden win in In general, no matter the prediction market, election outcomes can be bet on with more confidence by using these services for research purposes.

They are absolutely better than political polls, as they apply to many more respondents and have far less inherent bias. Here are some of the questions people ask that rely on prediction markets:. Election prediction is exactly what it sounds like: election prediction! Regardless of the type of prediction market or analytical approach, an election prediction seeks to use empirical datasets to correctly pick the winner of a given race.

Betting lines, prediction market chances, polling data, and academic historical models are all products of election prediction. There are hundreds of federal-level political races to be decided in November, and prediction markets have data on all of these.

Betting sites, too, cover a large number of the most contested races.

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Currently, Joe Biden is listed with the shortest odds to win the US Presidential Election at most legal betting sites. The history of Presidential Elections in the United States has shown that upsets can happen, and underdog candidates can net bettors major money. The final stretch of the Presidential Election has arrived as campaigns on both sides of the political spectrum have ramped up their efforts to gain support for their candidate.

As Trump and Biden have their Presidential debates and release their plans for the country expect the Presidential Odds to continue to fluctuate up until the last couple of hours of the election. After reading this page bettors will be informed on the many avenues and ways to bet on US Presidential Election betting including the best sportsbooks to place these Political bets with.

The overall legality of political betting markets in the US is pretty simple to understand. Even though sports betting has taken the United States by storm, political betting is a completely different issue. Right now, all legal sportsbooks in the country are not allowed to take bets on the Presidential elections or any other election around the country.

Most states specifically have laws against sportsbooks providing odds on any elections. But that could change in the future. With sports betting becoming more accessible in the US, states are having a more positive outlook on gambling as a whole. For now, only online offshore sportsbooks allow you to bet on your favorite candidate.

Once the Democratic Party announced Joe Biden as their nominee for President his odds to win the Election shortened and have continued to do so ever since. Ironically, the current Presidential Election odds reflect what many sportsbooks saw in when Trump was an underdog that pulled off the upset making those who put money on his underdog odds richer.

There are not many categories when it comes to betting on the Presidential Election as the whole thing is a pretty straight forward event but wagering on the winning party is one of those categories. This is simply a bet where the gambler places their money on which party they believe the next President will be a member of.

If they think President Trump will be reelected then they would vote for the Republican party as he is a Republican. If they believe Joe Biden will win, then their money should be on the Democratic party for this wager. There is always a third-party option but that is usually a waste of time as history has proven that a candidate from either the Republican or Democratic party is the one that will win a presidential term. Sportsbooks have odds up for this wager with the current odds being listed below.

Bet Now! The Presidential Pardon is a political tool that Presidents have used throughout the history of the United States. This election is gearing up to be one of the biggest ones yet with sports bettors taking heavy action. Sportsbooks all over the world are reporting major wagers being taken on both candidates.

Brittan has been a major market for Presidential Election betting as many of the biggest wagers came from the UK. President Donald Trump also has a lot of major action being taken on him to retain his seat. The sports bettor reported went all in following consulting with insiders from the Trump campaign. Bovada sets the standard for online sportsbooks and is easily one of the best legal betting sites on the market.

Bovada allows bettors in the US to place wagers on who will win the Presidential Election. Offering US Presidential Betting odds separates Bovada from the crowded pack of online sportsbooks accepting players residing in the US and from traditional retail sportsbooks who cannot list odds on Presidential Elections. Read Bovada Review. Visit Bovada Now! Accessing BetOnline is simple as the mobile friendly website can be visited through any mobile devices web browser since there is no downloadable app available.

BetOnline is a legitimate sportsbook that has never had any issues with paying players out on time while also having various ways to deposit and withdraw funds. If looking to profit off the process of selecting the next US President then BetOnline is the perfect place to do so at. Read BetOnline Review. Visit BetOnline Now! MyBookie is one of the most comprehensive online sportsbooks offering bets on the US Presidential Election.

The mobile friendly site can be accessed while waiting in line at the voting polls or while ordering coffee at a local cafe. Choosing to place bets with MyBookie ensures risk takers are betting at a legitimate sportsbook featuring an easy to reach customer service department should any problems occur.

MyBookie also has a moderate amount of ways to deposit and withdraw funds making this one of the best value sites to bet on which political party will be in control of the office of the US President for the next four years. Read MyBookie Review. Visit MyBookie Now! The Presidential campaign season is almost over as President Donald Trump and Democratic nominee Joe Biden face off in what will be their last debate before Election Day.

This will only be the second time Biden and Trump will publicly debate as the previous debate was cancelled due to coronavirus concerns. This is the last chance for both Presidential Candidates to speak directly to the American People and sway votes or betting odds in their favor. This debate is slated to start around 9 p.

After the presidential debate, many betting odds surrounding the election shifted. According to a handful of Twitter polls posted by LegalSportsBetting on a variety of news outlets, the results came back as a Trump victory. Still, the odds favor Joe Biden though they did regress toward the middle. Sitting at before the debate, Biden is comfortably still in the lead at most sites but has seen his advantage decline. That shift in the Judicial branch of the government right before the election has had little effect on the US Presidential Election betting odds.

With only a few days left until Election Day, it seems sportsbooks have already given the nod to Biden. As it presently stands, Justice Barrett being placed on the Supreme Court has caused little, if any movement on the Presidential Election odds. Types Of Presidential Betting. There are limited ways of betting on which party, or candidate will take over the White House.

However, knowing the different ways to bet on US Presidential Elections is key to profiting off the political process. Below are some of the most popular bet types seen at legal sites with Presidential Election Odds. These odds can fluctuate depending on current events surrounding the US Election, or what a candidate says or does.

Furthermore, during the Presidential Primaries before the parties have chosen their nominees is one of the best times to bet on Presidential odds as the options are numerous and the chance to hit on one of the underdog candidates always features a big return for political bettors.

Betting on the Vegas Odds for the Presidential Election is hard to do since no legal sportsbook based in the US is allowed to accept bets on Presidential Elections. Although it is illegal to place these bets at a sportsbook based on US soil it is not illegal to place US Presidential Election bets on sports betting sites that are based outside of the United States.

This is what gives betting at offshore sportsbooks an advantage over many of the local retail sportsbooks found through the USA. In terms of likeability, Biden has much more of that than Hillary Clinton did in However, this percentage is expected to be much lower because of Biden. Every person that was a fan of Bernie Sanders can see that he and Biden share a friendship far better than Clinton held with Sanders.

That could seal the Biden vote for those that originally wanted Sanders as President. This race will be much tighter than that of Polls and popularity all favored Clinton heavily but Trump came out victorious. Now each man in this race is pretty evenly matched when it comes to voters in the United States. Polls in September have shown that Biden is at While many bettors prefer to just bet on the overall winner of a given Presidential Election many legal sportsbooks offer odds on which candidate will win the Electoral College in each state.

Betting on the Electoral College is an alternative way to vote on the Presidential Election when the candidate is heavily favored to win the popular vote. The Electoral College is the one process that decides which candidate will win the Presidential Election and betting on each individual state is a good way to build a bankroll off the US Election.

Below are two examples of what Electoral College betting on the US Presidential Election would look like at sportsbooks. Since President Trump has not yet conceded the election there is still a way that neither he or Biden could not even win the office of the presidency. In the event of a tie in the electoral college between Biden and Trump, the senate would select the Vice President and the House of Representatives would select the President.

The odds of this are slim, but the odds indicate that Pelosi will at least maintain her position which would giver her a shot to hold the Presidency temporarily. President Trump and his team of lawyers have filed several lawsuits in the states of Pennsylvania, Arizona, Michigan, Nevada, and Georgia challenging the vote counts in each state. While states are finishing up their recounts and more of the legal cases get decided, expect Democratic nominee Joe Biden to remain the winner of the Presidential Election.

The Presidential debates are some of the most important parts of the American Political Process as it gives candidates the platform to discuss the differences in their campaigns. With two Presidential debates left, there is still time for these odds to shift before Americans decide who will be the Commander in Chief on November 3.

These are mostly political prop type bets and there is no limit to how many will pop up at one time. During the debates, which begin at the end of September, bets on how much a certain word is said or how long a candidate will speak are often up for gambling purposes. While every country has election prediction markets and sees bettors placing wagers on domestic votes, the US Presidential election is the most popular by far, and prediction markets are a key tool that bettors can use to gauge public sentiment.

Prediction markets are considered to be far more accurate than traditional polls, though political predictions for are all over the place, and for good reason: Never in American history has there been an election with quite this kind of backdrop. Thus, if you want to make an informed bet, research is your friend.

These include the market leader, PredictIt, and a competitor called PredictWise. If you bet on politics, PredictIt should be one of your most frequented resources on the Internet. They can also trade these shares, as if the picks were stock holdings. PredictIt is designed for educational purposes only, and the non-profit was founded in November as a project of the University of New Zealand Victoria University of Wellington.

Right now, the PredictIt President category is the heaviest hitter, with some 88 million shares traded. Presumptive outcomes are expressed as cents on the dollar. For example, the PredictIt Trump selection shows that Joe Biden is trending at around 63 cents, while The Donald is at about 37 cents. Yes, but not much. PredictWise is the biggest PredictIt competitor, though it is relatively small in comparison, as it does not use a financial motive model for participants. Otherwise, the site uses the same sort of approach, crowd-sourcing various election outcomes and other political fare to achieve a wider, more holistic, more granular, and hopefully more likely series of outcomes.

As a result, political bettors should also use PredictWise when assessing the odds at any Presidential election betting site. The PredictWise numbers are more or less in line with PredictIt, and for the primaries, PredictWise accuracy was considered the best of any market election prediction service.

Instead of showing results as cents on the dollar, the site uses typical percentages to express its data. While you can expect differences, most of the action at PredictWise jibes with the status quo, with the site favoring a Biden win in In general, no matter the prediction market, election outcomes can be bet on with more confidence by using these services for research purposes. They are absolutely better than political polls, as they apply to many more respondents and have far less inherent bias.

Here are some of the questions people ask that rely on prediction markets:. Election prediction is exactly what it sounds like: election prediction! Regardless of the type of prediction market or analytical approach, an election prediction seeks to use empirical datasets to correctly pick the winner of a given race.

Betting lines, prediction market chances, polling data, and academic historical models are all products of election prediction. There are hundreds of federal-level political races to be decided in November, and prediction markets have data on all of these. Betting sites, too, cover a large number of the most contested races.

Only time will tell how accurate these predictions are, of course. Currently, all the best online sportsbooks with election odds are predicting a Joe Biden win in , as are all the top prediction market sites. However, various analysts and academics disagree, with several prominent modelers calling Trump reelection inevitable.

In close races, not very often, especially lately. In the most recent elections going back to the s, polls incorrectly determined that Ronald Reagan, George Bush, George W. Bush, and Donald Trump would lose, though each candidate went on to win. It is precisely because of the unreliability of polls that prediction markets and election betting sites have more merit when it comes to correctly picking the next President.

When it comes to who has accurately predicted Presidential elections in the United States, there are many analysts and data scientists who lay at least some claim to fame in the field.

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2020 US Election Odds - Betting Preview, Swing States \u0026 Predictions

The political betting market includes to the elections predicted the Democrats would gain in the Electoral College, or who will would take bake the US. Click here to see licensing. Legal US online sports betting like they would for other polls being totally off base. Thank you for subscribing. Some of the top oddsmakers. As of earlyonly good indicator of the likely outcome of an election. Although some events during led. If Trump continues to campaign casinos closed due to the Coronavirus, the sports betting companies what pollsters had predicted. They are posting lines, just websites do not accept betting non-sports events, like the Oscars. There is still talk of approved three sports betting companies.

Donald Trump Jr. +, –. John Kasich, +, –. Odds via Ladbrokes current through Feb. 5, One thing we. Presidential election odds · Donald Trump, · George H.W. Bush, · Jimmy Carter, · Gerald Ford, · Herbert Hoover. 7, Donald Trump's odds to win a second term in have faded from +​ to + after his supporters stormed the Capitol. Dec. 23, For the first time.