British Bookmaker: Warren has replaced Biden as Democratic primary favorite

A British bookmaker on Friday announced that Sen. Elizabeth WarrenElizabeth Ann WarrenFive takeaways from the Democratic debate As Buttigieg rises, Biden is still the target Leading Democrats largely pull punches at debate MORE (D-Mass.) had overtaken former Vice President Joe BidenJoe BidenFive takeaways from the Democratic debate As Buttigieg rises, Biden is still the target Leading Democrats largely pull punches at debate 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 SandersFive takeaways from the Democratic debate As Buttigieg rises, Biden is still the target Leading Democrats largely pull punches at debate MORE (I-Vt.) and Kamala HarrisKamala Devi HarrisFive takeaways from the Democratic debate Gabbard, Buttigieg battle over use of military in Mexico Leading Democrats largely pull punches at debate MORE (D-Calif.) were tied for third with 6/1 odds and Pete ButtigiegPeter (Pete) Paul ButtigiegFive takeaways from the Democratic debate As Buttigieg rises, Biden is still the target Gabbard, Buttigieg battle over use of military in Mexico 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.