Donald Trump has emerged odds-on favourite to win the US election as gamblers abandoned Joe Biden overnight to place a flurry of bets on the President.
Mail online reports Trump was favourite at 4/5 early Wednesday, according to aggregate site Oddschecker, versus Joe Biden at 5/4.
Biden was way ahead before the polls closed at 1/2, but that lead quickly fell away as results rolled in showing Trump had out-performed the polls, just as he did in 2016.
At one point, Joe Biden had been given a 70 per cent chance of victory. That flipped overnight to give Trump a 69 per cent chance of victory.
Trump has now fallen back to 58 per cent, putting him narrowly ahead but with results still too close to call.
£400million has been wagered on the election, UK betting site Betfair says.