Pete Buttigieg's odds to win the 2020 Democratic Presidential nomination have improved from +1300 at the start of November to +820 currently. Photo by Gage Skidmore (Flickr).

Pete Buttigieg is the latest Democratic Presidential candidate to make a big move in the odds

Buttigieg’s odds to win the 2020 Democratic Presidential nomination have improved from +1300 at the start of November to +820 currently

He’s also gaining ground in the polls

No matter what data you analyze regarding Pete Buttigieg’s campaign for the 2020 Democratic Presidential nomination, the conclusion remains the same.

Mayor Pete is on the move. And it would appear to be at the expense of Elizabeth Warren.

In the latest polls, Buttigieg sits fourth but for the first time, is getting double-digit support. He’s also making a bold move in the 2020 election odds.

Across the leading sportsbooks, the latest data shows Buttigieg at +820. Sportsbooks rate Mayor Pete as the second betting choice in the Democratic nominee futures at +325.

2020 Democratic Presidential Nominee Odds

Team Odds Joe Biden +275 Pete Buttigieg +325 Elizabeth Warren +350 Bernie Sanders +550 Michael Bloomberg +900 Hillary Clinton +1400 Andrew Yang +1500 Amy Klobuchar +3500 Tulsi Gabbard +4000 Kamala Harris +5000 Michelle Obama +6000 Tom Steyer +10000 Cory Booker +10000 Oprah Winfrey +10000 Julian Castro +12500

Odds taken Nov. 27.

He was listed at +1300 in this betting market at the start of November.

Buttigieg’s Base of Appeal

Buttigieg is seeking to make Presidential history. The mayor of South Bend, Ind., population 100,000, no one has ever jumped director for a mayoralty into the Oval Office. If he won the 2020 election, Buttigieg would be 39 at the time of his 2021 inauguration, making him the youngest President in history.

He’d also be the first openly gay President to ever sit in the Oval Office, not to mention the first President to have a husband.

It could be that all this newness is part of what makes Buttigieg such an intriguing candidate.

Critics are knocking him for his lack of experience and limited political history. Some say his ideals are naive.

A lot of people were hurling similar criticisms at Barack Obama in the lead up to the 2008 run for the Democratic nod.

Buttigieg is also a Harvard grad and a Rhodes Scholar. On the other hand, he’s a veteran who served in combat in Iraq and he’s from the midwest. That gives him cred in the key swing states that turned the 2016 election in Donald Trump’s favor.

As a Washington outsider, he also appeals to voters weary of the partisan walls that have infected the nation’s capital.

Warren Taking the Hit

Warren made a similar surge in the polls in October and became the Democratic frontrunner.

In the latest data, though, she’s dropped from first to third, the biggest slide any candidate has encountered thus far in the race.

It ain't the topline. It's the trend. QPoll shows Warren is falling nationally, losing half her support & dropping to third place with 14% where she's tied with Sanders (13%). Buttigieg is in second (16%) Biden marginally ticked up 3 to 24%https://t.co/pmCfOsT7vc — Marc Caputo (@MarcACaputo) November 26, 2019

Warren’s support among voters who identify as liberals shifted to Joe Biden and Buttigeg. Among moderates, she plummeted while Buttigieg soared.

On the odds board, Warren slipped from +370 to +630 in a span of two weeks.

Is Mayor Pete for Real?

This race has seen a number of candidates make a move and then fall back. Most recently, it was Warren. Kamala Harris climbed following a strong performance in the first debate but currently, she’s become a non-factor.

Andrew Yang is another who’s fading after looking strong early in the summer.

Buttigieg was at +3100 in September and is steadily gaining with each new set of odds.

He’s struggled to gain a foothold with black voters, though. That will hurt him as the Primaries move away from the east and midwest and into the south.

Buttigieg’s sitch with black voters is so weak that him getting the nom would be an invitation for Trump to run the same what-do-you-have-to-lose race play in 2020. And potentially win with it. He only needs to sow enough doubt to depress a specific portion of black voters. — jelani cobb (@jelani9) November 26, 2019

Buttigieg is clearly resonating with people, though. He’s more of a moderate than Warren or Bernie Sanders and people like that.

He’s a legit contender and he’s not going away.