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British Bookmaker: Warren has replaced Biden as Democratic primary favorite

A British bookmaker on Friday announced that Sen. Elizabeth WarrenElizabeth WarrenOn The Money: Senators push for changes as chamber nears vote on .9T relief bill | Warren offers bill to create wealth tax Sanders vows to force vote on minimum wage Warren's wealth tax would cost 100 richest Americans billion MORE (D-Mass.) had overtaken former Vice President Joe BidenJoe BidenSenate Democrats negotiating changes to coronavirus bill Rural Americans are the future of the clean energy economy — policymakers must to catch up WHO official says it's 'premature' to think pandemic will be over by end of year MORE as the favorite to win the 2020 Democratic primary. 

The bookmaker Ladbrokes said in a tweet that Warren was the 9/4 favorite in their book and was trailed by Biden at 11/4. Sens. Bernie SandersBernie SandersOn The Money: Senators push for changes as chamber nears vote on .9T relief bill | Warren offers bill to create wealth tax Sanders vows to force vote on minimum wage No. 2 Senate Democrat shoots down overruling parliamentarian on minimum wage MORE (I-Vt.) and Kamala HarrisKamala HarrisHarris pushes for support for cities in coronavirus relief package This week: Senate takes up coronavirus relief after minimum wage setback Brown vows Democrats will 'find a way' to raise minimum wage MORE (D-Calif.) were tied for third with 6/1 odds and Pete ButtigiegPete ButtigiegHarris pushes for support for cities in coronavirus relief package Exclusive: How Obama went to bat for Warren The Hill's 12:30 Report - Presented by Facebook - Biden vs. Trump, part II MORE was fifth with 12/1 odds. 

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"It looks like the betting market is going a little cold on Biden despite his general lead in the polls," Matthew Shaddick, Ladbrokes's head of political betting, told Newsweek. "Warren seemed to get a boost after the last set of debates and, in particular, seems to be performing well in Iowa."

Biden has consistently been the front-runner in most major Democratic primary polls. Warren's campaign, however, has seen increased momentum in recent months. Warren, Harris and Sanders typically poll near the top of the field of nearly two dozen candidates.