Political Betting Odds - Betting On US Elections
Betting on elections in the United States can be a profitable and fun endeavor, and an interesting way to get involved in the political process, if a little detached from the realities of what politics represent to the average person. United States political election odds are easy to find and bet on and can be rewarding betting practices. Generally, political odds take the form of bets on who will be a party’s nominee, and who will win in elections, but they can get more esoteric and out there – for example, sportsbooks sometimes offer bets on how many times Trump will tweet in one day, occasionally compared to other events.
Is It Legal To Bet On US Elections?
The way political betting works in the US is that it is generally not allowed at state-sanctioned sportsbooks, which are very specific to only betting on sports. This is also a phenomenon encountered when trying to bet on, for example, occurrences that happen during the Super Bowl like the amount of commercials. State-sanctioned sportsbooks are not allowed to offer odds on things that are not specifically defined within the laws of sports betting within their state as their status depends on a limited view of what sports betting is. Election betting falls outside of that, and so the best way to bet on elections in the United States, interestingly, is to go to sportsbooks outside of the United States: the online offshore sportsbooks. At these venues, betting on political events can happen regarding both US and international politics.
Betting On US Senate Races
In 2022, there will be many senate seats up for grabs, and candidates are already jockeying for position. Odds for US Senate race will not be available on the major sportsbooks until candidates are officially decided for these races, however, which means that bettors can keep an eye on primaries and early fundraising. These odds should start showing up in late 2021 or early 2022, as the midterm elections start to take shape. In order to wager on these odds, bettors can turn to political online sportsbooks, which are the only way to wager on politics in the US. State licensed sportsbooks are not allowed to offer political betting, but online sportsbooks are.
Betting on the US House of Representatives Elections
The US House of Representatives is made up of over 435 elected officials and with the terms only lasting two years, there are plenty of opportunities to bet on who will win seats in the House. The short term limits in the House compared to the US Senate ensure that there will always be plenty of races to bet on even when there is no Presidential Election on the ballot. With every representative up for election every two years, it's best to research the candidates and the voting history of each state or congressional district before placing any bets. Betting on the House of Representatives is no different than placing a bet on the Presidential Election or your favorite football team as long as you use online sportsbooks, which are authorized to offer wagers on politics, where state licensed sportsbooks are not.
Gubernatorial Betting In the 2022 US Election
Gubernatorial Betting is another way for many political bettors to add some extra funds to their bankroll. One of the biggest advantages of wagering on Gubernatorial races is that they occur more frequently than the Presidential Elections. Furthermore, each state has a governor which means in any given election cycle there could be as many as 10 or more Gubernatorial races to bet on. This is what makes gubernatorial betting one of the best ways to get in on political betting action.
Betting on the Electoral College
The winner of the US Presidential Election is decided through the Electoral College. Betting on the Electoral College is just an alternate way to cash in on the political process. An advantage of betting on the Electoral College is that there are numerous options to choose from since there are 50 states. Knowing the voting trends of states is important as some states are historically known to pledge their support to one political party. Electoral College odds are simple to bet on and are no different than betting on the game lines for a football game.
Betting on the 2024 US Presidential Election
Although the 2024 US Presidential Election is still years away political bettors can still place wagers on the upcoming election. Sportsbooks have already listed the 2024 presidential election odds and by looking at the current political climate, there are some familiar names that will likely be in the running for President in the next election.
2024 Democrat Nominee Odds
- Kamala Harris +300
- Joe Biden +500
- Alexandria Ocasio-Cortez +600
- Andrew Yang +800
- Beto O’Rourke +1000
- Michelle Obama +1000
- Andrew Cuomo +1200
- Bernie Sanders +1200
- Elizabeth Warren +1200
- Stacey Abrams +1200
- Pete Buttigieg +1500
- Michael Bennet +2000
2024 Republican Nominee Odds
- Donald Trump +400
- Mike Pence +400
- Nikki Haley +500
- John Kasich +800
- Josh Hawley +1000
- Ted Cruz +1200
- Tim Scott +1400
- Tom Cotton +1400
- Dan Crenshaw +1600
- Bill Weld +2000
- Paul Ryan +2000
- Carly Fiorina +2500
Best Sportsbooks To Bet On Politics
There are many excellent online sportsbooks that you can use to bet on political events such as the 2020 US presidential election. We have reviewed several of them below, for your convenience. All of them are legal sportsbooks for political betting and offer prop bets that extend past the various options explained on this page. While some are serious and to the point, others are funny and ridiculous such as what color tie a candidate will wear.
Bovada Sportsbook - Offers US Political Betting Odds By The Dozens
Bovada is the industry standard in online sportsbooks, one of the largest fish in the sea, so to speak. The website is sleek and easy to understand, their online betting cart is simple and easily modifiable, their odds are quite good, and they cover a vast range of sports and political betting opportunities. On mobile, Bovada serves mobile bettors by providing a version of its website that is optimized for the use of mobile devices, without the need to download an app or anything else. Simply navigate to Bovada on your computer, tablet or smartphone, sign up, and start betting.
MyBookie Sportsbook - Featuring Obscure Odds On US Politics And Elections
MyBookie is known for their off the wall bets, and that, of course, includes their political betting section. MyBookie has some truly incredible bets up right now, that range from the typical US presidential odds to bets on which terrorist will be captured or killed next, to which country will join Iran should they declare war against the United States. If you want to see weird lines and weird bets, check out MyBookie – they are unparalleled. Of course, they also have everything anyone could want from an online sportsbook, from good customer service to a well-built website and well-optimized sports betting mobile app. Make sure you check out MyBookie when placing your bets.
BetOnline Sportsbook - Most Up To Date U.S. Political Betting Odds
BetOnline is one of the best political sportsbooks around. BetOnline is focused on allowing you to place wagers on all types of events, and politics falls under their broad umbrella. They are a premier destination for politics bettors, primarily because of their excellent range of odds and prop bets. There are a large amount of ways to place wagers on politics at BetOnline, from wagering on the electoral college results to betting on whether or not Twitter will ban Trump before 2021. Whatever you want to place a wager on, BetOnline has it.
Xbet Sportsbook - A New Politics Sportsbook
XBet is a great place to wager on politics, and they have a lot of interesting wagers available on US Politics. Remember, you can only really wager on politics using the offshore books, because US books are not allowed to offer politics bets. XBet takes advantage of this to offer a bunch of really interesting prop bets on various events, like whether or not Trump will be banned from twitter, or what terrorist will be captured next. Yes, really. XBet provides a lot of interesting odds, and political bettors should definitely check them out.
SportsBetting.ag Sportsbook - A Surprising Political Book
SportsBetting.ag doesn’t sound like the place you’d find political betting odds, but lo and behold, they have them. SportsBetting offers pretty good odds depending on what you’re looking for - one thing that bettors can do is contrast SportsBetting’s odds with Bovada’s and MyBookie’s, for example, to find the best odds on whatever they’re looking to wager on. SportsBetting will have all the major political bets available, and is an excellent sportsbook for wagering on the straight-up political outcomes. Make sure to check them out!
Online Sportsbooks Accepting Political Wagering
|Political Sportsbooks||New U.S. Player Bonus||Go To U.S. Betting Site|
|Review||50% Up To $250|
|Review||50% Up To $1,000 NEW!|
|Review||50% New Member Bonus!|
|Review||50% Up To $1,000 NEW!|
|Review||100% Up To $300|
|Review||100% Up To $500 NEW!|
Using Polls To Help Bet On Elections
Polls are anything but predictive, but they can tell us some things about how results generally seem to look. When using polls to bet on presidential elections, it’s important to understand what they are – polls are, functionally, surveys. They don’t measure nuance well, and they don’t measure the effects of things that will happen in the future, they measure what is happening right now. They are limited tools, but they are the best we have. Some other things to take a look at include fundraising numbers and advertising expenditure.
Polls have gotten a bad rap in previous election years, and it’s worth noting that the involvement of Donald Trump has particularly made them look bad. In both 2016 and 2020, Republicans outperformed polls by about three points with Trump at the top of the ballot. Notably, however, in 2018, the polls were pretty accurate. It remains to be seen what happens in 2022, with Trump not at the top of the ballot to get people out to the voting booths.
Depositing At Political Sportsbooks
Depositing your money at the best political sportsbooks can be an important task to undertake. These sportsbooks tend to be located offshore, so you need to find the best ways to get your money into and out of them. Generally speaking, you have access to the following methods of deposit at most online sportsbooks that offer politics betting. Make sure you doublecheck with the specific sportsbook you plan to use - this is a general list:
- Bitcoin Cash
- Credit Cards
- Debit Cards
- Prepaid Cards
- Wire Transfers
One deposit method that is worth highlighting at the online sportsbooks that offer political betting is bitcoin. Bitcoin is a great way to deposit into online sportsbooks, not only because it is fast and cheap, but because they offer a lot of bonuses for using it. These bonuses do apply to other cryptocurrencies at most online sportsbooks, but bitcoin is basically the industry standard in cryptocurrency. It’s definitely worth checking out next time you want a bonus at a sportsbook.
Withdrawing From Politics Sportsbooks
When it comes to getting your money out of sportsbooks, there are a couple big things to consider. The first one is how many fees will be applied to your transaction. A lot of withdrawal methods come with fees in order to receive your money. The next thing to consider is time. All withdrawal methods will take some time for your money to reach you, but some of them will take far more time than others. Let’s take a look at some of the most common withdrawal methods at the online sportsbooks. Not all of them offer all of these, but most of them will have several of these as options:
- Bitcoin Cash
- Other Cryptocurrencies
- Check by Courier
The cryptocurrencies tend to be the best way to get your money out of an online sportsbook. This is because they are the method with the lowest fees and fastest transaction times. There are other methods available, of course, but generally speaking, we recommend using cryptocurrency when withdrawing from politics sportsbooks.
Betting On Politics On Your Phone
Given that political betting is only available at the offshore sportsbooks, this discussion will revolve around using them for your political betting needs on your mobile device. Basically, they all use mobile websites - you don’t need to download any apps. All you need to do is visit them on your mobile device of choice, whether it be iPhone or Android. When you get to their website, the website will notice that you are on a mobile device, and show you the mobile website. This website looks and feels like an app, with a sleek mobile interface, but provides all the functionality of the normal website. In this way, you can place wagers on politics while using your phone or other mobile device, without having to download anything.
Live Betting On Politics
Live betting on politics is a rarity, given that much of political betting is simply waiting for the best odds on what is happening. That said, on election day, the odds will be consistently updating as long as action is coming in. If you think you notice a trend in Florida that bodes well for Biden, you can place a wager on him - ideally before the sportsbooks notice the same trend. By the same token, if Trump is doing well in Wisconsin, that could be a sign that he’s looking at another term, and there’s a bet to be made there as well.
Sportsbook Bonuses and Promotions for Political Betting
When using an online sportsbook, you will have the opportunity to cash in on many different bonuses and promotions offered by the website. These can be applied during your deposit process to give you added funds in your bankroll. The caveat is that these funds will not be able to be withdrawn until you have spent a certain amount of money on the site. Therefore, you should only take the bonus if you plan on making many bets with your account over a long period of time. If you are just creating an account to bet on one election or vote, then it is best to avoid the promotions.
Political Betting Odds FAQ's
Why can't I bet on US elections in my state?
Elections are not state-sanctioned betting, for a variety of reasons, the simplest of which is that the integrity of US elections is held sacred. Allowing gambling on such would cause conflicts of interest. All states set regulations that prevent this but bettors can find options at online sportsbooks.
How can I bet real money on the US elections?
You can use any of the online sportsbooks detailed in the article above to bet real money on politics. While we have selected several of our favorite sportsbooks to recommend, there are many, although we do not vouch for the quality of those not on our website. No matter the case, be sure to shop lines as a candidate's odds can be vastly different amongst sportsbooks.
How did the impeachment affect Trump's reelection odds?
It mostly didn’t, which is due to the fact that it was never going to get through the Senate. The Republicans would not allow a sitting president of their party to be impeached, and so it turned into a purely optical political battle, the kind of thing Trump is relatively good at managing. It remains to be seen whether it is a boon or a problem for him as far as optics go.