This upcoming U.S. Presidential election is expected to be the biggest betting event ever, with many wagers expected to come in just as the ballot boxes close. The whole world will be watching to see the result, and many won’t stop wagering, as live wagering will keep things interesting right up until the last state is called.

With that in mind, I thought it might be handy to have a little viewing guide for our readers. We know what the odds are, we know the order states will start reporting, and we know what each candidate needs to win. So here’s what to expect as you watch the vote get counted on election night, and how to use it to your advantage for wagering.

The overall race: Biden is favored to win

The latest odds from Bodog have Former Vice President Joe Biden a -180 favorite (64.3%) to win the election. President Donald Trump is currently at +150 (40%). As experts have pointed out, that’s very different from what polling experts have suggested. Fivethirtyeight.com has Biden at 88%, with Trump at 12%.