How To Bet On Politics
Based on the growth of this type of betting entertainment, we became inspired to create a comprehensive resource guide specifically targeting the political niche. We will provide valuable information to US residents interested in legally participating in political betting at licensed and reputable online sportsbooks.
Along with information regarding the most current and accurate odds for the presidential election, this guide will also provide additional information about the betting lines and options that are available, the status of the candidates who are running for president, relevant news articles, and recommendations for where to legally and securely place your bets online.
It is our desire that you are not only informed voters, but also informed bettors, equipped to make the best possible decision regarding your involvement with political betting.
The odds table below offers live betting odds from 2 different sportsbooks, Betonline and Bovada. Listing the odds from 2 different sites allows you to get the best possible payouts on your future bets. A good example is if you were to bet on Donald Trump to win the election. So we actually recommend opening an account at both sites so you can shop for the best lines depending on what you want to bet on.
Unlike the Republican Party, there are many likely Democratic candidates with odds closest to President Trump. Some bookmakers pin Kamala Harris as having the most favorable betting odds as a Democrat for winning the general election.
The California Senator has not said that she is officially running for president. With her direct approach to the issues and Senate campaign spending of millions of dollars, oddsmakers are far from counting her out.
Bernie Sanders, tied with Kamala Harris in some political betting markets, is also seen as a formidable contender for the general election. Despite his failed run for president in , Sanders still enjoys favorable betting odds. Former Vice President Joe Biden is also a favorite to win the general election among oddsmakers. He says that he will make his decision by January whether he will run in the general election, but his eight years of experience, as Vice President will give his odds a boost if he does.
Elizabeth Warren is also on the list of top Democrats. With President Trump eyeing reelections in and the economy booming, the odds of a Republican candidate winning the primary over Trump is far less than likely. However, oddsmakers are keeping Mike Pence on their radar as the most likely Republican to win the Presidential ticket besides President Trump. Although he vehemently denies the possibility of running in , his odds remain favorable. He argues that a Republican should against the President in Although he has not said he will run, he has not ruled out the possibility.
In his first solo political appearance in New Hampshire, the state expected to host the first presidential primary election for , Senator Flake says he will run against the President as a Republican or as an independent if no one else does. Ohio governor John Kasich may also place a Presidential bid for As he informally surveys donors, stacks his schedule with frequent trips, and works closely with advisors, many commentators keep a close eye on him possibly running against President Trump.
However, if he does run, he plans to target a broad audience. As nears, Kasich watches President Trump and the political climate closely before making his decision.
Check out our page offering the latest odds to win Republican nomination. This is because the range of deadlines for entering the race varies from state to state, and runs as late as May in some areas. At some gambling sites, the betting odds will often cover people who are popular among their constituent base and could potentially join the party late in the game. The closer we get to the election, the more refined the vegas odds coverage will become.
For those who took a chance on futures bets early in the process, you probably want to closely watch how the lines and odds begin to evolve as we inch closer to the primaries.
Betting on politics, including the presidential election, affords gamblers a nice, wide range of options to choose from. You can choose to simply bet on the outcome of the election, or to really get into it and take advantage of the creative lines and prop bets that you find the closer you get to the elction. For those of you who may never have participated in any type of political betting entertainment before, we have provide a look at the most commonly offered bet types and lines so that you have a clear understanding of how they each work.
Some of the categories you will find in election betting lines include placing bets on the outcome or the primaries, the presidency, the popular vote, and even some prop topics such as gender. Each of these categories has a variety of lines associated with them. You will see the options change periodically as we lead up to the election, with some bets not becoming available until a few days or weeks before the election.
Obviously, these bets will have to do with the overall winner of the election based on the Electoral College and not the popular vote. You have straight bets for who will win the election, which party will win the election, which gender the winner will be, and even sometimes what the gender balance of the final ticket will be.
Options will vary from sportsbook to sportsbook. Among these lines, there are also varying bet categories. Two popular categories include:. Handicapped electoral vote count: This bet will involve beating a spread in regards to the number of electoral votes, which is based on the Electoral College structure within the election process.
In this type of bet, you are trying to determine if a candidate will come in over or under a specific number of predicted votes.
Lines covering the primaries will be offered for each party represented in the election. You are betting on who will win the nomination from each political party. These lines can see the same type of variety as the scenario above.
Never before has there been a presidential race that is more polarizing than this one, and Gary Johnson may just provide the unifying relief that many are hoping for.
Betting odds taken from Betonline Sportsbook and are updated automatically so they are always current. As you might imagine, the big bet here boils down to the big office. Who will win the Presidency is always the biggest betting line.
And you can often find more than just a winner-loser dichotomy; you can actually bet on electoral vs. Though you can also find betting lines on entire parties. For instance, the recent midterm elections had Republicans favored to take both houses of Congress, which they did. The next midterms may be reversed. Governorships and even council members are always hot-button items on the betting circuit.
You can find a range of different political lines on which to bet. You can also find prop bets, which will include things like the gender of the winner, the party of the winner, a clean win vs. If it's part of politics, then there's undoubtedly a sportsbook out there with a betting line on it. Though the selection of betting options surrounding the Presidential race will change as the election nears, we thought we would provide some information concerning the types of bets that are most commonly available to you.
You are not limited to solely predicting the overall winner as there are betting lines and odds for a variety of aspects pertaining to the election's progress leading up to the final results, as well as specific prop bets concerning details of the circumstances of the race, such as gender and party results.
Keep in mind that these options are the most common ones offered, but that political betting lines and odds vary from site to site. Odds for winning the Presidential Primary — this type of betting line will allow you to bet on who will win the nominations in the primary for each party.
If you are participating early in the process and are placing a futures bet, your range of options may include individuals who have not yet announced their candidacy but that are active in the political landscape and are considered potential candidates. The closer you get to the actual election, the more accurate your list of options may be. However, keep in mind that the futures bets can pay off big if you guess correctly.
Odds for Winning the US Presidential Election — Obviously, this type of betting line will concern the overall winner of the election.
You will typically have a variety of associated lines, including the following:. Odds for who will win the Presidential Election Odds for which party will win the Presidential Election Odds for which gender the winner of the Presidential Election will be Odds for the gender balance on the Presidential Tickets — this line is sometimes broken down by party affiliation, but not always. Hillary selected Tim Kaine as her vice president nominee.
Odds For Winning a Specific State — This type of betting line predicts the winner of influential swing states. For example, the Iowa Caucus odds start surfacing very early in the race. Other states are added closer to the actual election.
Winning the electoral votes in an influential state can make or break the election, hence these betting lines are particularly exciting and can determine the outcome of the election.
The results of swing state Electoral College votes can be unpredictable, as we saw in when Obama took Florida despite the fact that Romney was the favored candidate to win the Sunshine State. Odds For Winning the Popular Vote — Once the candidates have been selected, you will find more betting types added to the line up, such as betting on who will win the popular vote. Though it has no bearing on the overall election, political aficionados enjoy betting on who will win the popular vote.
There are times when the winner of the popular vote is not elected as President. The popular vote can be unpredictable, making it a very exciting wagering option. This type of option typically does not appear in the lines until about a month or two out from the actual election. Electoral College Count - You will find that your range of wagering options for these lines increases after the candidates are selected and the election is approaching. In this type of political betting line you are predicting whether a candidate will receive more or less Electoral College votes than predicted.
Prop Bets - Some of the sportsbooks now offer some interesting prop bets for the election. At Betonline they offer some matchups that work similar to a quinella in horse racing. One of the most amazing things about President Barack Obama's election in was that no one had really heard of the man in A junior Senator with an iffy record of no-votes and voting "present" on big issues, even those getting to know him didn't think he had the political chops.
However, democracy proved what democracy is, in that experience counts for next to nothing when you're a popular, charismatic figure.
The people spoke, the people voted, and President Obama is almost finished with his second term in office. Who actually saw that coming? Very, very few saw it coming. But for those who did, they may have cleaned up tremendously by betting on Obama. That's right; you can actually place political bets and win money on different political elections. The beautiful irony here is that it's actually politicians who seek to make gambling illegal across the nation, yet one of the most lucrative lines of betting is to wager on their elections and futures.
Some may consider that to be very fitting, given the duplicitous, snake-like nature of many of these political buffoons. But we're not out to play politics. Republican or Democrat, liberal or conservative, socialist or libertarian, it matters not. It's all about the gambling here, and we'll take a closer look at political betting for all interested parties.
Compartmentalization is a word you may often hear, but you may not really know what it means. Well, put it this way: You can absolutely loathe the political process, yet you may still find a way to make money by gambling on politicians. Don't worry; this isn't cognitive dissonance. This is simple math. Money spends better than hatred. Now, of course, there are plenty of reasons to despise politics.
People who aren't even as smart as you, yet they stand on a podium, lie to the masses, and earn hundreds of thousands of dollars a year in salary and benefits. Heck, when a politician retires, they earn a pension package that's probably higher than your salary, and they could have been a horrible politician.
It's no wonder Congress has such low approval ratings. The average person despises politics. But keep in mind that a government is something you're stuck with.