2022 Senate Election Betting Odds

2022 Senate Election Betting Odds

Odds For 2022 Senate Elections

Following the most recent Senate elections, the Democratic Party secured a majority after Jon Osoff and Raphael Warnock won their respective runoff races in Georgia. Once Kamala Harris became the Vice President as well as the sitting President of the US Senate, the DNC received the tie-breaker they needed to install Chuck Schumer as the Senate Majority Leader and claim their majority.

Because of the narrow Party split among US Senators, the GOP and the DNC will still need to work closely together to ensure that business runs smoothly on Capitol Hill, but later this year, the campaigns, and the odds for the 2022 Senate Elections will heat up.  Learn more about these proceedings, and how to bet on the 2022 US Senate Election odds, by reading the remainder of our guide below.


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2022 Senate Races

Alabama

*Richard Shelby (R) is retiring

Candidates

  • Lynda Blanchard (R)
  • Mo Brooks (R)

Alaska

Candidates

  • Lisa Murkowski (R) incumbent (not yet declared)

Arizona

Candidates

  • Mark Kelly (D) incumbent

Arkansas

Candidates 

  • John Boozman (R)
  • Jan Morgan (R)
  • Dan Whitfield (D)

California

Candidates

  • Alex Padilla (D) incumbent
  • Jerome Horton (D)
  • Alex Padilla (D)
  • Elizabeth Heng (R)

Colorado

Candidates

  • Michael Bennet (D) incumbent

Connecticut

Candidates

  • Richard Blumenthal (D) incumbent
  • Robert Hyde (R)

Florida

Candidates

  • Marco Rubio (R) incumbent
  • Allen Ellison (D)
  • Steven B. Grant (I)

Georgia

Candidates

  • Raphael Warnock (D) incumbent

Hawaii

Candidates

  • Brian Schatz D) incumbent

Idaho

Candidates

  • Mike Crapo (R) incumbent

Illinois

Candidates

  • Tammy Duckworth (D) incumbent
  • Allison Salinas (R)

Indiana

Candidates

  • Todd Young (R) incumbent running

Iowa

Candidates

  • Chuck Grassley (R) incumbent (not yet declared)
  • Jim Carlin (R)

Kansas

Candidates

  • Jerry Moran (R) incumbent

Kentucky

  • Rand Paul (R) incumbent running

Louisiana

Candidates

  • John Kennedy (R) incumbent (not yet declared)

Maryland

Candidates

  • Chris Van Hollen (D) incumbent (not yet declared)
  • Colin Byrd (D)

Missouri

*Roy Blunt (R) is retiring

Candidates

  • Eric Greitens (R)
  • Eric S. Schmitt (R)
  • Lucas Kunce (D)
  • Timothy Shepard (D)
  • Scott Sifton (D)

Nevada

Candidates

  • Catherine Cortez Masto (D) incumbent

New Hampshire

Candidates

  • Maggie Hassan (D) incumbent
  • Don Bolduc (R)

New York

Candidates

  • Chuck Schumer (D) incumbent (not yet declared)
  • Khaled Salem (D)

North Carolina

*Richard Burr (R) is retiring

Candidates

  • Mark Walker (R)
  • Cheri Beasley (D)
  • Jeff Jackson (D)
  • Erica Smith (D)
  • Richard Lee Watkins III (D)

North Dakota

Candidates

  • John Hoeven (R) incumbent

Ohio

*Rob Portman (R) is retiring

Candidates

  • Michael Leipold (R)
  • Josh Mandel (R)
  • Mark Pukita (R)
  • Jane Timken (R)

Oklahoma

Candidates

  • James Lankford (R) incumbent (not yet declared)
  • Jackson Lahmeyer (R)

Oregon

Candidates

  • Ron Wyden (D) incumbent
  • Jo Rae Perkins (R)

Pennsylvania

*Pat Toomey (R) is retiring

Candidates

  • Jeff Bartos (R)
  • Sean Gale (R)
  • Everett Stern (R)
  • Brandaun Dean (D)
  • John Fetterman (D)
  • Malcolm Kenyatta (D)
  • John McGuigan (D)

South Carolina

Candidates

  • Tim Scott (R) incumbent

South Dakota

Candidates

  • John Thune (R) incumbent (not yet declared)

Utah

Candidates

  • Mike Lee (R) incumbent

Vermont

Candidates

  • Patrick Leahy (D) incumbent (not yet declared)

Washington

Candidates

  • Patty Murray (D) incumbent

Wisconsin

Candidates

  • Ron Johnson (R) incumbent (not yet declared)
  • Alex Lasry (D)
  • Tom Nelson (D)

Current Betting Odds For 2022 US Senate Elections

Betting odds for individual 2022 Senate Elections will appear once campaigns begin and politicians begin declaring their candidacy. We’ll update this section with political betting lines for the US Senate as the odds appear at online sportsbooks. For now, here is a line on which party will retain control in 2022.

2022 US Senate Elections

  • Democrats -130
  • Republicans -110

Can I Legally Bet On The 2022 Senate Elections?

Absolutely. There are no federal laws that prohibit US residents from placing political bets at licensed and regulated offshore sportsbooks such as the ones you see here.  All the 2022 election odds for US Senate races will be made available soon, and futures odds for the 2024 Presidency are already on the board.

Key Senators Up For Re-Election In 2022

The US Senate is controlled by the Democratic Party, and while the DNC is predicted to keep the upper chamber, there are a few notable Senators who were thought to be at risk.

Senate Majority Leader Chuck Schumer (D) – New York

Chuck Schumer is the current Senate Majority Leader and has yet to throw his hat in the ring for the 2022 Senate Elections, and his intent is not known at the time of this writing. His district is expected to remain blue for the foreseeable future, but if Senator Schumer decides to retire, then that will cause a major overhaul in DNC leadership and will also prompt a new field of contenders to enter the fray.

Marco Rubio (R) – Florida 

Senator Rubio was one of former President Trump’s staunchest opponents during the 2016 campaign, and following his drop out, he returned to Florida and won his re-election bid for the US Senate. In 2022, he’ll run for re-election once again, but have we seen the last of his Presidential hopes?

Tammy Duckworth (D) – Illinois

Senator Duckworth was a prominent contender to become Joe Biden’s VP running-mate in 2020 after she showed strength in her dealings with then-President Trump, but ultimately, the retired Army lieutenant did not get the nod. Her re-election in 2022 will likely gain national attention due to the overall popularity she achieved in trading barbs with Trump in 2020.

Raphael Warnock (D) – Georgia

It may seem like Raphael Warnock just won his seat, and that’s because he did! His runoff election victory only granted him a two-year term in the US Senate, and he will likely face heavy Republican contention in his follow-up effort. Georgia was able to flip both of their Senate seats blue in 2021, but will that momentum hold for Warnock in 2022?

Rand Paul (R) – Kentucky

Senator Paul is always uttering headline grabbling quotes and manages to stay in the limelight with his take no prisoners style of debate. He is incredibly popular amongst his base in Kentucky, but the same can be said about Mitch McConnell, yet his 2020 election produced betting odds at all the major online books.

Tim Scott (R) – South Carolina

It remains to be seen as to whether Senator Scott holds an advantage in his 2022 Senatorial election race, but considering his status as the lone African American GOP member of that body, his campaign will receive mass media attention. Look for Tim Scott betting lines to appear as soon as a legitimate contender announces their candidacy.

Which Party Holds The Advantage In The 2022 Senate Elections

The 2022 Senate elections are expected to be hotly contested once again as the Democrats try to build on their majority while the GOP attempts to once again regain control. Which party holds the advantage following the 2022 US Senate elections will factor heavily on the performance of President Joe Biden.

If his policies during his first two years gain traction and are viewed favorably by voters, then the DNC will have a solid shot at retaining, or adding to, their current majority. The odds produced by the top legal election betting sites will be revealed before too long, and quite often, they reflect a more accurate election result than pundit predictions.

How To Predict Senate Elections

There are several factors that go into predicting the Senate elections. The most important data points to consider are the following (tempered by the fact that incumbent US Senators on both sides of the aisle enjoy a re-election rate of better than 90%):

  • Candidate recruitment – Parties work hard to mold their perfect candidate with the best odds of winning in a given district. Pay attention to the candidates to whom the DNC and GOP committees give the most support.
  • Fundraising – Money talks in politics and some candidates have a better financial foundation to stand on. Typically, the more money a campaign has, the better its chance of victory, as it is more able to purchase ad buys and get its candidate’s message out.
  • Voting history – Voting history and voter registration data play a big part in predicting which party or candidate is going to win a US Senate race. Gerrymandering, while nominally banned, also occurs, so it’s important to look at redistricting maps where applicable (albeit this is usually less of an issue in statewide Senate races).
  • Recent trends – The “recent trends” data point reflects voter sentiment on current events, and it can be informative when picking which Senators you think will win election or re-election.

Red Wave, Blue Wave?

Political experts correctly predicted that the Democratic party would take over the US House of Representatives in the 2018 midterm elections. Oddsmakers were once again correct in their prediction that the DNC would attain a majority in the US Senate following the 2020 election cycle.

What oddsmakers and bettors alike will need to pay attention to is the momentum that each political party builds during the onset of the campaign season, as that will largely determine whether the blue wave will continue to wax, or wane and give way to a red resurgence.

Impact Of The 2020 Georgia Senate Runoff Election

The two Georgia Senate runoffs were won by the Democrat Party’s Ossoff and Warnock, thus delivering the DNC a simple majority in that legislative body. President Joe Biden took office on January 20th, and on that day, the Democrats gained control of Congress, the Senate, and the White House.

Former Senate Majority Leader Mitch McConnell is now arguably the highest-ranking Republican in office, yet he now finds himself as the captain of the minority faction that must play ball with the DNC in order to maintain relevance.

What Are Senate Runoff Elections And Why Do They Happen?

Senate runoff elections do not happen in every state, and only 12 states abide by the runoff election system.

A runoff election happens when more than two candidates run for an office seat, and the electorate’s votes do not give one candidate a 50% majority. The two candidates that received the most votes in that election hold another election (a runoff), where the electorate votes again to give one of those two a majority and decide a winner.

What Are Senate Special Elections And Why Do They Happen?

A special election may happen for any Senatorial seat and is sometimes referred to as a bye-election. State Senators have two-year terms. In some cases, a Senator steps down from office (due to retirement, death, scandal, etc.) before their term ends. A Senate special election refers to an election to fill a vacant Senate seat between a general election.

In some instances, such as in Georgia, the state Governor appoints an interim Senator to fill the vacant seat until the next general election. In other cases, special elections begin at the time an officeholder vacates their seat.


Recap Of The US Senate Betting Odds In 2020

The winners for the following US Senate races (at least those that have been called as of November 4) are featured below in bold.

Odds provided by BetOnline.

Kentucky Senate Race*

  • Mitch McConnell -1000
  • Amy McGrath +550

South Carolina Senate Race*

  • Lindsey Graham -400
  • Jaime Harrison +250

Alabama Senate Race*

  • Tommy Tuberville -1200
  • Doug Jones +750

Arizona Senate Race*

  • Mark Kelly -500
  • Martha McSally +300

Colorado Senate Race*

  • John Hickenlooper -900
  • Cory Gardner +500

Iowa Senate Race*

  • Joni Ernst -140
  • Theresa Greenfield +100

Kansas Senate Race*

  • Roger Marshall -500
  • Barbara Bollier +300

Maine Senate Race*

  • Sara Gideon -300
  • Susan Collins +200

Michigan Senate Race*

  • Gary Peters -425
  • John James +265

Montana Senate Race*

  • Steve Daines -175
  • Steve Bullock +135

North Carolina Senate Race*

  • Cal Cunningham -200
  • Thom Tillis +150

*Odds from Nov. 1, 2020.

2020 Congressional Balance of Power Odds

Note: The following odds are currently off the boards, but this is how they looked on Election Day 2020.

Via Bovada

US Senate Control (117th Congress)*

  • Republicans  +100
  • Democrats  -130

House And Senate Balance Of Power (117th Congress)*

  • Democratic House, Democratic Senate +125
  • Democratic House, Republican Senate +175
  • Republican House, Republican Senate +500
  • Republican House, Democratic Senate +6600

*Odds from Nov. 1, 2020.

2022 Senate Midterm Elections FAQs

Will I be breaking any laws if I bet on the 2022 Senate midterm elections?
If you live in Washington State or Connecticut, I’m afraid that the only way you can bet on the election is to visit a brick and mortar sportsbook in Vegas that is covering betting lines for the election. However, residents from all other states are able to legally place bets online at one of the licensed sportsbooks you see listed on this page. This is because WA and CT have both passed laws specifically prohibiting ALL forms of online gambling. Neither state has done anything to enforce this law, but it is in place. There are no federal laws that make it a crime to enjoy political betting lines at a legally sanctioned offshore bookmaker that is verified to be operating legally within the industry.
How long is a senator’s term for?
A Senator’s term is six years and approximately one-third of the total Senate membership is elected every two years.
How many terms can you serve in the Senate?
Members of the US Senate may serve an unlimited amount of six-year terms as long as they are reelected each cycle.
How many senators are there per state?
Each state has 2 Senators.
What do US senators do?
Senators work as part of the legislative branch of the US government. This means their focus is on making laws. The Senator’s job is to represent the people of his or her state in the US Senate. Senators are supposed to work closely with their state constituents to figure out how to help them on the federal level.
How much do US Senators make?
Senators make $174,000 per year. Senate Majority Leaders make $199,700 per year.
What is the difference between the House of Representatives and the Senate?
The House of Representatives is considered the lower chamber of Congress and is more directly accountable to the general public. The House is considered the more democratic of the 2 chambers whereas the Senate is more aristocratic. The Senate’s objective is to do what is best for the country, even if that may not be in the best interest of the general public. They debate topics like treaties and foreign policy. The Senate also has the power to confirm Cabinet recommendations and override a President’s veto by 2/3 vote.
How are senators elected?
Senators are elected by residents of the state they represent. The US Constitution has certain qualifications for Senators including they must be at least 30 years old, have been a citizen for at least 9 years and must be a resident of the state they wish to represent.
Who was the first female senator?
Hattie Caraway was the first female senator and was elected to the Senate in 1932 to represent Arkansas.
How do I contact my US senator?
There are 2 ways to contact a member of the US Senate. You can contact them via mail at their work address or you can reach them by telephone. Citizens are encouraged to contact their Senators with any questions or concerns regarding bills and policy changes.