2020 Presidential Candidates and Party Affiliation Tom Steyer – 2020 Presidential Candidate Odds

Tom Steyer – 2020 Presidential Candidate Odds

Tom Steyer (D)

Bovada Sportsbook
Party Nomination Odds: +12500
Presidential Election Odds: +30000
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Betonline Sportsbook
Party Nomination Odds: +4000
Presidential Election Odds: +10000
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Top Democratic Primary Leaders

* This data reflects the popularity of Democratic candidates based on data collected from Democratic Primary Voters. Percentages represent favorability to win the 2020 Democratic nomination. Data was taken from 12/8-12/31/2019

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Who Is Tom Steyer?

Democrat Icon

Tom Steyer is a 62-year-old billionaire philanthropist that earned his wealth as a hedge fund manager. A late-comer to the 2020 presidential race, Steyer did not launch his campaign until July 9, 2019. Never one to seek political office for himself prior to this election, Steyer’s first high-profile endeavor involved a $10 million campaign to impeach President Trump in 2017. Steyer also launched NextGen America to support groups positions regarding climate change, immigration, health care, and education.

Voter Base

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Tom Steyer’s voter base is centered around his previous endeavors. He got his political start when he worked on Walter Mondale’s Presidential campaign in 1983. He would later become a major donor to the Barrack Obama campaign in 2008. As a climate change activist, Steyer also attracts green-leaning voters.

  • Environmentalists
  • Wealthy Democrats
  • Liberals

Odds For Tom Steyer To Win The 2020 Presidential Election

Steyer is a longshot like several other of the 2020 presidential candidates. His current odds are only +20000 on Bovada, which are the same odds given to Mitt Romney and Oprah Winfrey.

Despite this, Steyer is still earning large amounts of donations and polling support. Steyer has since qualified for the fourth Democratic debate in Ohio, proving that he can make waves in the race.

Odds IconOdds of Tom Steyer Winning The Democratic Nomination

Although not much better, Steyer’s odds to earn the Democratic nomination are slightly more favorable, but not by much. Bovada lists Steyer’s odds at +10000, behind all major Democratic contenders.

To pose any real threat to earning the Democratic nomination, Steyer would need to oust favorites like Elizabeth Warren, Joe Biden, and Bernie Sanders before the 2020 election.

Can I Bet On Tom Steyer Now?

All of the top offshore betting sites have Tom Steyer included on their DNC odds boards, though he’s never broken out of the middle of the pack. His current odds are fairly long, however, and they aren’t likely to lengthen much further. With that in mind, if you believe Steyer can surge in the polls and steal the nomination, you can make some serious money by betting on the guy right now.

What The Current Betting Odds Tell Us About Steyer’s Chance Of Winning In 2020

The current odds given are not good for Steyer to win the nomination or the presidency in 2020. While there is still time to edge out a victory or carve his own path, for now, Steyer is in the bottom of the pack.

Tom Steyer’s Chances Of Winning Based On Prediction Markets

Since Steyer is such a fresh candidate in the race, prediction markets usually do not have any information on him. Predictwise doesn’t even list the billionaire on their chances of winning the Democratic nomination. Essentially with a 0% chance of winning the nomination, Steyer is tied with Julian Castro as the only debate qualifiers without a chance to become the party nominee.

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Tom Steyer’s Running Policies

Policy Icon

Advocating for voting rights protections, a clean environment, a complete education, a living wage, and good health, Steyer believes these are basics freedoms for all Americans.

Steyer also believes in climate change, limiting the political influence of corporations, protecting abortion rights, enacting gun control, fighting deportation, and pursuing a single-payer healthcare plan.

Tom Steyer’s Previous Policies

Although he has never held public office before running for president, Steyer is known for creating Need to Impeach, an initiative to impeach Donald Trump.


Experience Icon

After graduating from Yale, Steyer started working for Morgan Stanley in 1979. When Steyer finished his MBA, he began working for Goldman Sachs in 1983 before moving to Hellman & Friedman.

In 1986, Steyer founded Farallon Capital, working there until stepping down in 2012 to focus on alternative energy advocacy.


Education Icon

First attending Yale and earning his bachelor’s in economics and political science in 1979, Steyer received his MBA from Stanford in 1983.

Civic Work

Steyer founded OneRoof, Inc. to increase computer literacy in rural Indian and Mexican towns in 2006. One year later, Steyer founded Beneficial State Bank to provide commercial banking to underserved businesses in the Bay Area.

Steyer and his wife signed onto The Giving Pledge, promising to donate half their wealth to charities upon their deaths.

Steyer has also founded nonprofits and projects to advocate for sustainable farming, children’s issues, and income inequality.

Tom Steyer’s Views On Gambling

Gambling Icon

Since Steyer has never held public office, he has not enacted any gambling legislation. However, as a former hedge fund manager that gambled on investments, Steyer may not seek to stifle the growth of legal gambling in the United States.

How Much Can I Win If I Bet On Tom Steyer?

Steyer is a longshot candidate, so if he were to win after placing a bet on him, the payout could be huge. On Bovada, Steyer has odds of winning the Democratic nomination at +10000. With a $100 bet, that would equate to $10,000.

If Steyer were to win the presidency, a $100 on his +20000 odds would pay $20,000.

Top 5 Reasons Tom Steyer’s Chances Of Winning Are Unlikely

  1. He is a late entry to the race and could be lost in the pack.
  2. Steyer is a billionaire while most Democratic voters are middle-class.
  3. Due to his affluent network, Steyer has been accused of “buying votes” by other candidates.
  4. Steyer has no experience in government while many of the other candidates know how the gambit goes.
  5. Other than his environmentalism stances, not very much is known about Steyer or his views.

**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.