Mike Bloomberg’s pledge to spend $100 million in Florida is less problematic for President Trump than might appear, with Republicans skeptical the investment will sink the incumbent, force him to spend much more money in the state, or allow Democratic nominee Joe Biden to reallocate resources to other battlegrounds.

Biden and Trump are running even in Florida, where both campaigns and outside groups on the Left and Right are saturating television airwaves and digital platforms with advertisements in English and Spanish. Combined with the polarizing nature of a presidential race that features few undecided voters, Republican strategists with experience running campaigns in Florida are doubtful Bloomberg’s plan to add to the cacophony will measurably move the needle.