Bettors are giving Pete Buttigieg the same 2020 primary odds as Bernie Sanders and Joe Biden

PredictIt.
(Image credit: Screenshot/Twitter)

Pete Buttigieg is surging in the polls and the betting markets.

The South Bend, Indiana, mayor officially announced his 2020 presidential bid on Sunday, and an Emerson poll the next morning showed the once-longshot had surged to third place in the overflowing Democratic field. The top two competitors, Sen. Bernie Sanders (I-Vt.) followed by former Vice President Joe Biden, saw polling numbers that dwarfed Buttigieg's 9 percent. But when it came to betting predictions, PredictIt had Buttigieg on top by midday Monday.

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Kathryn Krawczyk

Kathryn is a graduate of Syracuse University, with degrees in magazine journalism and information technology, along with hours to earn another degree after working at SU's independent paper The Daily Orange. She's currently recovering from a horse addiction while living in New York City, and likes to share her extremely dry sense of humor on Twitter.