Oddsmakers at several betting sites were quick to list different types of prop bets and update 2020 election odds after Read More
Presidential Election Betting Odds For 2020
Betting on elections is as old as elections themselves. Earlier in US history, presidential election odds and public wagering were not only legal, they were an accepted and welcomed part of the political process. In fact, political odds and polls were even driven by betting action from the public, producing valuable information for the country prior to the advent of scientific polls.
As Americans become more engaged with the political landscape with each election, and technology feeds this phenomenon through access to any and all information surrounding an election, the market for betting on politics is growing exponentially. We have the ability to be as informed about our nation’s politics as we choose to be, and many of us are going to use that knowledge to not only be involved as informed voters, but to also bet on the outcome and possibly convert knowledge into earnings.
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 2020 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.
Most Reputable Sportsbooks Offering Political Betting Odds On Who Will Be The Next President Of The United States
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Who Is Running For U.S. President in 2020 And Current Betting Odds
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 2020 election. If you bet at Bovada, a $100 bet will return $250 in winnings. But if you place the wager at Betonline, a $100 bet will return $275 in winnings. In addition some books offer odds on a particular candidate while the other one doesn’t. 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.
Odds Updated Daily
Democrat Presidential Candidates for 2020 – Potential
Unlike the Republican Party, there are many likely Democratic candidates with odds closest to President Trump. These candidates include Kamala Harris, Bernie Sanders, Joe Biden, and Elizabeth Warren.
Some bookmakers pin Kamala Harris as having the most favorable betting odds as a Democrat for winning the 2020 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 2016, Sanders still enjoys favorable betting odds. With liberal views and a distinct voters’ base, he has a fighting chance in 2020.
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. When Warren was asked by Congressional Black Caucus Chairman Cedric Richmond was has changed since her decision not to run in 2016, she said, “Two words: Donald Trump.” Although her odds are not the most favorable, they are still among the top five candidates most likely to win the general election excluding incumbent President Donald Trump. Currently updating. Check out our page offering the latest odds to win the Democratic nomination.
Republican Presidential Candidates for 2020 – Potential
With President Trump eyeing reelections in 2020 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 2020, his odds remain favorable. Other possible Republican candidates include Jeff Flake and John Kasich. Although their odds are not nearly as favorable as President Trump, Vice President Mike Pence, or potential Democratic candidates, an official decision to run could change bookmakers’ views instantaneously.
Republican Senator Jeff Flake of Arizona, a frequent critic of Donald Trump, has not ruled out a potential Presidential bid. He argues that a Republican should against the President in 2020. 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 2020, Senator Flake says he will run against the President as a Republican or as an independent if no one else does. As one of the more outspoken critics of Trump, he raises oddsmakers’ brows of his likelihood to win the 2020 general election.
Ohio governor John Kasich may also place a Presidential bid for 2020. 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. John Weaver, Kasich’s top political adviser, says he has made no decision about possibly running for 2020. However, if he does run, he plans to target a broad audience. As 2020 nears, Kasich watches President Trump and the political climate closely before making his decision. Currently updating. Check out our page offering the latest odds to win Republican nomination.
Types Of Betting Lines And Vegas Odds Available For The 2020 Presidential Election
If you’ve browsed the odds at all at any of our recommended online sportsbooks, you’ll notice that the list of candidates is not always limited to only those individuals whom are already actively participating in the race. 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 2020 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. We’re going to list them out individually, along with an explanation of how they work. 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.
Betting Odds For Who Will Win 2020 Presidential 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.
Over/Under electoral vote count: 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. The odds and amount of votes will vary from candidate to candidate and are based on that individual’s standing within the election.
Betting Odds for Winning the 2020 Presidential Primary
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. You will see lines for who will win for each party, which gender the winner will be, etc. These lines will become quite refined the closer we get to the election. It is not uncommon to see the handicapped and over/under options available for presidential party primary betting lines leading up to Election Day.
Betting Odds for Winning a Specific State
It is no surprise that there are odds for which candidate and/or party will win particular states. After all, that is how the election is won, state by state. You will typically see odds for the larger, more influential swing states that have a large bearing on the overall results of the election. This can be particularly exciting because the results of Electoral College votes in the swing states can be very unpredictable. As the election progresses, the number of betting lines and odds covering specific state results increases to include smaller states. Check out our State Primary odds page for more information.
Betting Odds for Winning the Popular Vote
A candidate can win the popular vote, however loose the election. We saw this when Hillary Clinton beat Obama in the primary for the popular vote, but lost to him when it came down to the Electoral College count. Does it make any sense? Nope. Is it legitimate? Yes it is. The Electoral College structure is a sound one and is the best we’ve come up with to make sure everyone is fairly represented, but it is still hard to swallow that the person receiving the most individual votes (popular vote) is not the person who wins necessarily. When you’re betting on the popular vote, you need to figure out who is most favored by the voters rather than who is going to earn the highest Electoral College count.
FAQ’s On Betting On The 2020 Presidential Election
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