January 4, 2021


Georgia Senate Runoff Odds Continue to Tighten

We are now on the eve of the Georgia Senate runoffs and we are seeing the betting odds in both races continue to tighten. Both races are likely to follow a similar pattern as we saw in the November Presidential Election, with the Democrats picking up the majority of their votes via absentee and mail in voting. It was both of those sets of votes that helped Joe Biden flip the state of Georgia in November. If the Democrats can do the same on Tuesday, they will take control of the Senate.

The University of Florida’s U.S. Elections Project put together turnout figures that suggest that there is strong voter interest in the Georgia Senate runoff races. The elections will see incumbent Republican Senator David Perdue go against Democrat Jon Ossoff, while Raphael Warnock (D) looks to make political news by taking down Kelly Loeffler (R). The Republicans only need to win one of the races to maintain a slim majority in the Senate, which could impact Joe Biden’s attempts to enact new legislation when he takes office on Jan. 20.

The current odds from show that the Republicans are the favorites to win both elections, but those odds have been tightening dramatically over the past few weeks.

The current odds are as follows:

Jon Ossof-110
David Perdue-120
Raphael Warnock-190
Kelly Loeffler+140

Control of the Senate Up For Grabs

As already mentioned, the races in Georgia will have a ripple effect that travels far beyond the borders of the state. The Democrats need to win both races to create a 50-50 split in the Senate, which is important, because it would mean that Vice President-elect Kamala Harris would then have the deciding vote, essentially giving the Democrats the majority.

The early vote tally already exceeds 3 million, which, according to the U.S. Elections Project, amounts to about 38.8% of all registered voters in Georgia. That number makes political news because it would be the highest turnout ever for a runoff in Georgia. Both races were required because none of the candidates received 50% of the vote in the November election.

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