November 25, 2020

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Sports betting companies taking predictions on Tuesday’s presidential debate – KTLA Los Angeles

Sports betting companies taking predictions on Tuesday’s presidential debate - KTLA Los Angeles

Will “Sleepy Joe” be the first derisive nickname President Donald Trump bestows upon Joe Biden?

Will either candidate wear a mask onstage? How many times will Biden say “Barack Obama?”

Will Trump say “fake news” or “China” more often? And will there be a “malarkey” anywhere?

Some of the country’s largest sports betting companies are offering free-to-play contests in which viewers predict what will happen at Tuesday’s presidential debate for a chance to win real money or prizes.

It’s the latest example of how the fast-growing sports betting industry is making inroads into mainstream popular culture. As of Monday morning, nearly a half-million people had entered contests run by FOX Bet, DraftKings or FanDuel.

So if you’re up on Democrat Biden’s favorite sayings, you could win some money, God love ya. And if you think you know what Republican Trump is about to say, you can predict it very strongly.

“Politics is a really interesting thing to try to predict,” said Alex Baker, a 34-year-old Chicago man who runs a fantasy sports website. “A lot of times the betting markets do the best job of predicting what the outcome of the election will be in real life.”

No jurisdiction in America has legalized betting on elections, an activity that’s legal and widespread in Europe. But because contestants don’t risk anything of their own to enter — and this is a debate, not an election — it’s all legal. FanDuel and DraftKings each offer a prize pool of $50,000 to be split among top finishers; FOX
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