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British Bookmaker: Warren has replaced Biden as Democratic primary favorite

A British bookmaker on Friday announced that Sen. Elizabeth WarrenElizabeth WarrenAll fracked up: Biden's Keystone State breakdown What do Google, banks and chicken salad have in common? Final debate: War Admiral vs. Seabiscuit MORE (D-Mass.) had overtaken former Vice President Joe BidenJoe BidenFox News president, top anchors advised to quarantine after coronavirus exposure: report Six notable moments from Trump and Biden's '60 Minutes' interviews Biden on attacks on mental fitness: Trump thought '9/11 attack was 7/11 attack' 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 SandersOcasio-Cortez says Democrats must focus on winning White House for Biden All fracked up: Biden's Keystone State breakdown The Memo: Five reasons why Trump could upset the odds MORE (I-Vt.) and Kamala HarrisKamala HarrisSix notable moments from Trump and Biden's '60 Minutes' interviews Harris lists out 'racist' actions by Trump in '60 minutes' interview: 'It all speaks for itself' Pence travel questioned after aides test positive MORE (D-Calif.) were tied for third with 6/1 odds and Pete ButtigiegPete ButtigiegLGBTQ voters must show up at the polls, or risk losing progress Buttigieg says it's time to 'turn the page' on Trump administration Sunday shows preview: Coronavirus cases surge in the Midwest; Trump hits campaign trail after COVID-19 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.