British Bookmaker: Warren has replaced Biden as Democratic primary favorite

A British bookmaker on Friday announced that Sen. Elizabeth WarrenElizabeth Ann WarrenKavanaugh impeachment push hits Capitol buzz saw Mark Mellman: The most important moment in history? Katie Pavlich: The Democrats' desperate do-overs MORE (D-Mass.) had overtaken former Vice President Joe BidenJoe BidenJimmy Carter: 'I hope there's an age limit' on presidency 2020 candidates keep fitness on track while on the trail Mark Mellman: The most important moment in history? 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 SandersJimmy Carter: 'I hope there's an age limit' on presidency 2020 candidates keep fitness on track while on the trail Mark Mellman: The most important moment in history? MORE (I-Vt.) and Kamala HarrisKamala Devi HarrisKavanaugh impeachment push hits Capitol buzz saw Mark Mellman: The most important moment in history? Biden leads in new national poll, Warren close behind in second place MORE (D-Calif.) were tied for third with 6/1 odds and Pete ButtigiegPeter (Pete) Paul ButtigiegKavanaugh impeachment push hits Capitol buzz saw 2020 candidates keep fitness on track while on the trail Mark Mellman: The most important moment in history? 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.