Post-debate odds indicate strong presumption that Trump will win

President Joe Biden's odds of winning a second White House term in November took a tumble with leading bookmakers after Thursday's presidential debate, during which the Democratic incumbent appeared to lose his train of thought at several points. The debate in Atlanta, Georgia, which was hosted by CNN without a studio audience, reportedly raised fresh concerns among Democrats about the 81-year-old's mental fitness to serve another four years in office. On Thursday, before the debate, Bet365 gave Biden a 13/8 (38.1 percent) chance of winning November's election but this slumped to 10/3 (23.1 percent) as of 3 a.m. ET on Friday, according to betting website Oddschecker. Over the same period, Biden's odds of victory slumped from 13/8 (38.1 percent) to 3/1 (25 percent) with Sky Bet, 15/8 (34.8 percent) to 3/1 (25 percent) with William Hill and 13/8 (38.1 percent) to 7/2 (22.2 percent) with Betfair. Betfair spokesperson Sam Rosbottom told Newsweek: "Biden's disastrous head-to-head with Trump has seen punters rapidly lose faith that the incumbent president has another five years in him. "The two men were neck-and-neck back in April; now, despite Trump's varying legal and financial headaches, he has the punters' firm backing to be the next U.S. president."