Fourth Time’s A Charm: Tom Steyer Misses First Three Debates, Qualifies For October

So much for cutting down the field.

After failing to qualify for the third Democratic debate—set this Thursday in Houston, Texas—billionaire philanthropist Tom Steyer met the thresholds set by the Democratic National Committee to participate in the fourth debate next month in Ohio.

So far, making the fourth debate hasn’t improved Steyer’s betting odds. Still sitting at +10000, Steyer’s longshot chances haven’t changed since he launched his campaign in July.

Although he was able to amass over 130,000 unique donations, Steyer was only able to generate 2% support in three polls before the August 28 deadline for the third debate.

However, since the requirements for the third and fourth debates are the same, Steyer was easily able to reach the four-poll requirement set by the DNC. According to the CBS News Battleground Tracker poll published Sunday, Steyer received 2% support in Nevada.

Steyer also has 2% in the CBS News Iowa poll and the Monmouth South Carolina poll, along with 3% in a Monmouth poll in Iowa.

Steyer will join ten other 2020 Democratic favorites in October for the Ohio debate:

  • Former Vice President Joe Biden
  • Cory Booker
  • South Bend, Indiana Mayor Pete Buttigieg
  • Former HUD Secretary Julián Castro
  • Kamala Harris
  • Amy Klobuchar
  • Former Rep. Beto O’Rourke
  • Bernie Sanders
  • Elizabeth Warren
  • Entrepreneur Andrew Yang

As the eleventh candidate to qualify for the fourth debate, Steyer forces the Ohio event into a two-night discussion, which could be good for the Democrats. With fewer candidates on stage per night, the presidential hopefuls will have more time to earn quality talking time and convey their ideas fully.

There could be a twelfth candidate joining the crowd in October: Hawaii Representative Tulsi Gabbard. The National Guard Major was able to reach the donor requirement but fell short of the polling threshold. But as Steyer has proven, it is still possible to make the Ohio debate.

Despite not qualifying for the third debate, Gabbard’s +4000 odds are better than those of Booker (+5000), O’Rourke (+6600), Klobuchar (+7500), Castro (+7500), and Steyer (+10000).

The details for the fourth debate have not been released. Until then, the third debate can be watched on ABC, ABC News, or Univision on September 12. The debate will also be available for streaming via ABC’s app and website.

Prop bets for the debate in September have also yet to be released, but below you can find the full list of odds to win the Democratic nomination in 2020.

2020 Democratic nomination odds

Via Bovada

  • Elizabeth Warren +200
  • Joe Biden +250
  • Bernie Sanders +550
  • Kamala Harris +600
  • Pete Buttigieg +1000
  • Andrew Yang +1200
  • Tulsi Gabbard +4000
  • Cory Booker +5000
  • Beto O’Rourke +6600
  • Amy Klobuchar +7500
  • Julián Castro +7500
  • Tom Steyer +10000
  • Marianne Williamson +10000
  • Bill de Blasio +15000
  • John Delaney +15000
  • Robby Wells +20000
Jennifer Nichols:

Jennifer Nichols is a professional writer and political betting enthusiast. She also has a background in marketing, which provides unique insight into the way politically relevant information, statistics and polling information is interpreted and shared.

When she's not writing about the political landscape in the US, Jennifer enjoys working on her extensive DIY home renovation projects, camping and traveling.

Coming from a military family, Jennifer moved around quite a bit during her childhood and is happy to be settled down here in Tallahassee. As one of the earlier team members to join PEO, Jennifer is a veteran writer for the site.

Jennifer can be reached by email: Jennifer@presidentialelectionodds.net