“Obamagate” — a winning bet for President Donald Trump or a conspiracy that will allow Joe Biden to go on the attack? While recent
|Dropped out of Presidential race||Mar. 1st, 2020|
Pete Buttigieg is a 37-year-old Democrat and former 2020 Presidential candidate. He has also served as the Mayor of South Bend, Indiana since 2011. Buttigieg announced his bid for the Presidency on January 23, 2019. Prior to becoming the South Bend Mayor, Buttigieg graduated from Harvard and Oxford before joining the Navy Reserves in 2009.
As an openly gay candidate and military veteran, Buttigieg attracts support from a variety of voters. A small sample of Mayor Pete’s supporters are listed here:
As you can see in the archival odds below, Mayor Pete was not expected to drop out of the Presidential race so soon. However, he was convinced to yield his candidacy to Joe Biden after losing badly in the South Carolina primary, and he has officially endorsed the Biden campaign.
Oddsmakers showed poor odds for Buttigieg to win the overall presidential election in 2020. Buttigieg was consistently positioned among the top ten Presidential candidates overall, but he fell significantly in the polls and had roughly +2800 odds to win the Presidency before dropping out on March 1.
Buttigieg had a good chance at winning the Democratic nomination after he took the Iowa caucuses. However, even with a decent showing in New Hampshire, his campaign fell apart within the next two weeks.
This small town mayor pushed himself out of obscurity and ahead of many other notable candidates, including Cory Booker, Kamala Harris, and Beto O’Rourke, all of whom dropped out of the race long before Buttigieg threw in the towel.
No. Mayor Pete has been taken off all the political betting odds boards, as he is no longer running for President. However, you will likely be able to bet on his future political dealings, as the establishment powerhouse doesn’t seem likely to step away from the political sector any time soon.
Prediction markets showed that Buttigieg was a weak Democratic Party candidate in the polls. Before dropping out, Buttigieg had a 5% chance of winning the Democratic nomination in 2020, according to popular political analysts at Predictwise.
A recent survey of the Democratic electorate hinted at who Joe Biden will select as his Vice Presidential running mate. And although all 2020
If we embrace a far-left agenda, they’re going to say we’re a bunch of crazy socialists, if we embrace a conservative agenda, you know what they’re going to do? They’re going to say we’re a bunch of crazy socialists.- Pete Buttigieg
Buttigieg’s former 2020 campaign was run on policies to provide Universal Healthcare, Strengthening Labor Unions, Renegotiating Trade Deals, passing a Federal Law Banning Discrimination Against LGBT people, Requiring Universal Background Checks for Guns, Protecting Undocumented Immigrants, Fighting Climate Change, and Ending the Drug War with Legalizing Marijuana.
Looking at Buttigieg’s previously championed policies while Mayor of South Bend, we can see the kind of stance he really supports. In 2012, he proposed to an urban development program to revitalize the city’s downtown area which improved economic development and road safety. He also championed a nightly laser lighting display and unveiled it as part of the city’s 150th-anniversary celebrations. This mayor also launched a $50 million revitalization investment in South Bend’s parks.
While in college, Buttigieg worked as an investigative intern at a local news network. In 2004, Buttigieg worked as conference director in D.C. for former U.S. Secretary of Defense William Cohen’s international strategic consulting firm. Later on, he assisted with Senator John Kerry’s presidential campaign in 2004. In 2007, he worked as a consultant at McKinsey and Company until 2010.
Buttigieg ran for Mayor of South Bend in 2011 and won. In 2014, he won his re-election. In 2019, Buttigieg decided to run for the 2020 Presidential election – Buttigieg’s 2020 campaign site went up shortly after.
Buttigieg attended and graduated from Harvard College in 2004 with a Bachelor of Arts Degree in History and Literature. In 2007, he received a first-class Honors Degree in Philosophy, Politics, and Economics from Pembroke College where he was a Rhodes Scholar.
Buttigieg volunteered for the US Navy in 2009 and volunteered to be deployed to Afghanistan for active duty in 2014 as part of the Navy Reserve while serving as Mayor.
Pete Buttigieg negotiated with local tribes to open Indiana’s first tribal casino, run by the Band of Potawatomi, in South Bend. Buttigieg joined the Band of Potawatomi and others on the opening day of the Four Winds South Bend casino. In exchange for paying state taxes, Buttigieg negotiated an agreement for the casino to share its revenue with the city, by receiving 2% of the casino’s annual net win.
The tribe also agreed to provide $5 million to local initiatives and organizations over five years. Buttigieg believes the casino will bring in 1,200 jobs to the community. Therefore, he is pro-gambling.
Bovada gave Buttigieg +1100 odds to win the Democratic nomination before he quit. A $100 bet on his chances would have resulted in a $1100 payout. Betting the same amount on his +2800 presidential odds would have resulted in $2800 in winnings. However, bettors who chose Mayor Pete got nothing, as his campaign ended unceremoniously on March 1, 2020, after just four states’ primaries and caucuses.
**This page is not intended to be a public endorsement our only goal is to inform bettors of the current odds found online. Our team strives to provide transparent information that reflects the best qualities of the candidate. Odds and other information provided on this page should only be used to make an informed betting decision.