PoliticsBiden's 'garbage' comment boosts Trump's odds in betting markets

Biden's 'garbage' comment boosts Trump's odds in betting markets

The odds for Donald Trump in betting markets have increased. This shift is reportedly in response to President Joe Biden's remarks, which Republicans claim labeled Trump voters as "garbage." Biden's comments were a response to a controversial statement made during a Trump campaign rally in New York.

"Garbage." Could Biden's words decide Trump's victory?
"Garbage." Could Biden's words decide Trump's victory?
Images source: © EPA, PAP | JIM LO SCALZO / POOL
Violetta Baran

10:59 AM EDT, October 30, 2024

Biden's contentious remarks, as reported by "Newsweek," were in reaction to a performance by right-wing comedian Tony Hinchcliffe at Sunday's Trump campaign rally in New York, where he referred to Puerto Rico, a U.S. territory, as "an island of garbage."

"The only garbage I see floating out there is his supporters. His demonization of Latinos is unconscionable, and it’s un-American. It’s totally contrary to everything we’ve done, everything we’ve been," Biden said on Tuesday during a video conference with the Latino organization Voto Latino.

Biden's statement sparked a wave of criticism from Republicans. Marco Rubio, a senator from the party, remarked that Biden was referring to "everyday Americans who love their country." Meanwhile, Karoline Leavitt from Trump's campaign committee noted that "Joe Biden and Kamala Harris don’t just hate President Trump, they despise the tens of millions of Americans who support him."

This statement was quickly compared to remarks made by former Democratic presidential candidate Hillary Clinton in 2016. "To just be grossly generalistic, you can put half of Trump supporters into what I call the basket of deplorables. Right? Racist, sexist, homophobic, xenophobic, Islamaphobic, you name it. And unfortunately, there are people like that and he has lifted them up. He has given voice to their websites that used to only have 11,000 people, now have 11 million. He tweets and retweets offensive, hateful, mean-spirited rhetoric," Clinton stated at a meeting with LGBT activists in New York. Clinton lost the presidential race to Trump at that time.

Biden explains what he meant

President Biden, clarifying his comments on platform X, emphasized that they did not pertain to Trump voters themselves but rather to the hostile rhetoric used against Puerto Ricans. "Earlier today I referred to the hateful rhetoric about Puerto Rico spewed by Trump’s supporter at his Madison Square Garden rally as garbage — which is the only word I can think of to describe it.... The comments at that rally don’t reflect who we are as a nation," he explained.

According to "Newsweek's" publication, Wednesday's rankings showed that bookmakers increased the odds in favor of Trump. His chances of victory rose from 66.7% in November to 67.7% at Bet365 and 69.2% at Paddy Power.

The upcoming presidential election is scheduled for November 5th. The latest polls indicate a tight race between Trump and his opponent, Kamala Harris.

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