2020 Presidential Election Odds synopsis Going into Election Day on Tuesday, Joe Biden was in the range of a -200 to -250 favorite, depending on where you shopped with legal, regulated sportsbooks. The US presidential election is not just something that Americans pay attention to, but rather those from around the world tune in to watch the race. This includes overseas bookmakers who regularly update odds as candidates either drop out of the race or do something to invoke new betting lines.

2020 US Presidential Election Recap

The 2020 US Presidential Election Season is in the rear-view mirror and while it took more time than necessary for the dust to settle, Joe Biden finally officially made Donald Trump the 11th one-term President. Despite the lawsuits, the conspiracy theories and investigations, Donald Trump, who has yet to concede, and many of the 75 million that voted for him may still never accept the Election results.

The Electoral College has spoken, the swearing-in ceremonies are complete and the work to undo the damage that Donald Trump inflicted on his own Nation is underway.

Joe Biden can thank the African American turnout, the US Urban Centers, a huge number of mail-in votes and an unprecedented overall voter turnout for his big win. Trump predictably got a big swath of the vote from rural America. It remains unclear if those trends will follow us into the next Election Betting cycle or if the Donald Trump factor was a once-in-a-lifetime phenomenon.

Bettors were engaged in unprecedented fashion in 2020. Offshore sportsbooks reported a major uptick in US Election Betting from the 2016 campaign. One major British site saw a 150% increase in overall bets from 2016 with a few brave souls wagering $1 million plus on the outcome.

2016 set the standard as far as US Election popularity and 2020 blew that standard away. Now we look to the 2022 Mid-terms and the 2024 Presidential Campaign for our US Politics Betting fix. And it seems as though the Campaigns have started already.

As we look forward to the next Presidential Election cycle in 2024 – odds have already been set on who will be the Democratic and Republican Nominees. We will be there with all key political gambling markets to consider, the sites with the best and most varied betting odds on politics, betting strategies to help you succeed, and much more as we put a lid on this current Campaign and look toward the next one.

Political Odds & Betting News

US Presidential Election Betting Odds

Betting on politics dates back hundreds of years. As King Edward VI of England lay dying in 1553, merchants in Antwerp were busy wagering on the disputed succession. Bookmakers in London were offering 4/1 (+400) on King George II dying on the battlefields of Dettingen after a foolhardy decision to wage war on the French in 1743. In the late 19^th century, a thriving betting market on presidential elections sprung up on Wall Street.
Europe has always been the spiritual home of political betting, but it is now soaring in popularity in America. Each presidential election sets a new record in sportsbook handle, and there is serious money up for grabs if you can call it correctly.
Donald Trump was initially assigned odds of 500/1 (+50000) to win the 2016 election. That dropped to 25/1 (+2500) by the time he announced his campaign in August 2015. The odds on him emerging victorious continued to dwindle in the buildup to the election, but Hillary Clinton remained the heavy favorite, only for Trump to pull off a stunning upset. Some bettors won more than $1 million by betting on him.

On the other side of the Atlantic, bettors have recently made their fortunes by correctly predicting that Scotland would not leave the UK, Britain would leave the EU and the Conservatives would beat Labour in 2015. Betting on elections in countries like Australia, New Zealand, and Sweden is also popular.

The 2020 US presidential battle became the biggest political betting event in history. Donald Trump was perhaps the most polarizing figure ever to run for political office. His bombast and intense divisiveness were a benefit in 2016 but proved to be a detriment in 2020. We saw him start out as the favorite when the official 2020 campaign season kicked off but those odds dwindled as COVID-19 worsened and Democrats rallied to defeat the embattled President.

We now look forward to the 2024 US Election and oddsmakers have already stated compiling odds for who will be the combatants for what promises to be another political slugfest. Joe Biden, the current President will be 82 years old when that campaign comes around. There are questions about his ability and even desire to bid for another 4 years in office.

There will be more opportunities for bettors to weigh in on a host of topics, from the winner of the Presidency, to the winner of the Senate to the always-fun prop bets that became an enormous part of this political betting season. Sportsbooks will undoubtedly be covering races in other countries around the world as well.

Who will seize the opportunity will in 2024? Will there be any betting opportunities similar to the ones we saw in 2020 like President Donald Trump opening Area 51 to the public before his first term in office ends?

US Presidential Election Prop Bets

US Election Prop Bets continue to be a popular way for not only political junkies but pop-culture aficionados to get a little skin in the game.

The Presidential Debates were probably the highlight of the prop betting season. In true US Political fashion, Prop Betting season has dragged on past November 3 and is continuing even today. Prior to the 2020 vote, you could bet on Voter Turnout in the U.S Presidential Election, the percentage of Americans that would turn out and vote, Majority Control of the U.S. Senate, if Donald would get kicked off Twitter and whether or not Trump would lose every state he lost in 2016 – just to name a few.

Many sportsbooks offered odds on which candidate would carry each of the 50 states. For example, the Republicans were heavy favorites in Alabama, and the Democrats were heavy favorites in California, but it was tight in Wisconsin. You could also find prop bet options on all manner of weird and wonderful markets. There were Trump impeachment odds, and betting options on which Candidate would drop out first.

Nowadays you can bet on whether or not Joe Biden will be impeached, what year Kamala Harris will become President and whether Biden will complete his first term.

Election Prop Betting brought a little fun to what was an intense Election Season and will likely continue to be a big part of any Election campaign going forward.

Trump: +150 Biden-200

Trump: +150 Biden -180

Trump: +172 Biden -204

House and Senate Winner Odds

Control of the US House of Representatives and the US Senate became a huge part of the 2020 US Election season and will provide huge US Election Betting opportunities in less than two years. In 2020, Republicans actually picked up seats in the House but shockingly lost their long-established control of the Senate thanks to two defeats in ruby-red Georgia.

Elections have consequences and 2020’s were that Republicans’ loyalty to Donald Trump cost them control of all three branches of Government, giving Joe Biden and the Democrats a virtual rubber-stamp for any policy they want to pass.

For the Best odds on the presidential Election Visit 5Dimes.

Where to Bet on Politics

If you want to bet on politics, you need to find a trustworthy, reputable betting site that will pay you any winnings promptly. SBR has reviewed more than 1,000 sportsbooks, allowing us to identify the very best in the business. Check out our list of top sportsbooks to browse the list of sports betting sites that have secured an A+ or A rating. You can wager at any of those sites with confidence. Most offer political betting, and that trend of growing opportunities will only increase thanks to the insanity that we have seen the last 8+ years.

The online sportsbooks cited on this page are all great options. They are well-known betting sites, trustworthy and renowned for paying out on time. They offer a range of compelling sports betting and political betting markets, and some attractive odds and bonuses too.

Presidential Election Betting Tips

It helps to pay attention to what is happening in the world when betting on Elections. Donald Trump appeared to be on a path to victory at this time last year with the economy raging and everything seemingly on the upswing in the US. Political scientists have long pointed to the effects of economic performance upon major votes in countries across the globe. A failing economy is often disastrous for the incumbent.

Social unrest and COVID-19 completely changed the economic trajectory of the country and ultimately brought Donald Trump down thanks to his unwillingness or inability to deal with either. It wasn’t his bombast, his lies, or his divisive personality, it was outside factors that made him just one of 11 one-term Presidents.

That said, it seems as though political loyalties are baked into some people’s minds in the US, giving credence to the notion that it doesn’t matter to some what is going on in their country – “once a Republican, always a Republican”. If it were the case of outside forces being the sole determinant of an Election outcome, Mr. Trump would have been absolutely destroyed in November.

You should also never fear backing the underdog. Donald Trump was the underdog right up until the end in 2016 and won. In 2020 he was a huge dog and almost pulled it off.

The outsider often wins and you see headlines screaming that the bookmakers got it wrong. Yet bookmakers are not trying to predict the result of the vote. They are not pollsters. They are simply trying to make money. They will offer the most compelling odds on each candidate that they can muster, based on the volume of bets previously received on each man. Look at policies, ratings and the general mood of the country before looking at the odds. Do not be afraid of prop betting options either. Some are ridiculous, but others can be potential gold mines if you do your research.

Alternative Politics Betting Markets

You can bet on political developments taking place in a wide range of countries this year. There are key elections taking place in New Zealand, Poland, Serbia, Belize, Bolivia, Croatia, and many other countries. Sportsbooks are offering lines on the next country to leave the EU, the next country to hold a referendum on leaving the bloc, the next CDU leader in Germany, the year of the next Spanish general election, the next Pope, North and South Korea unifying as a single sovereign state, and much more. Some of these bets are designed for entertainment purposes, but you can make healthy profits if you successfully predict the outcome of political events in many countries.

Is Betting on Politics Legal?

Political betting is perfectly legal. Several US state laws now permit sports betting, and they make provisions for accepting wagers on politics and entertainment too. Betting on politics has been a prominent pursuit in Europe for hundreds of years, and it continues to grow in popularity in America. If you like betting, politics can be your savior amid the lack of sporting action currently on offer. Just make sure you find a safe, reliable sports betting site with a healthy political wagering section, and get involved in the action.

There are several ways to bet on election odds no matter where you live. Sportsbooks that are located outside of the United States give bettors a full look into betting odds on US and foreign elections. The state-regulated books don’t permit this style of betting and have even shut down states that attempted to bet on the election.

Still, websites like Predictit have gained mainstream traction for their stock like approach to the political gambling game, but the classic sometimes shouldn’t be changed. Betting on political futures for upcoming elections is the best way to take action on the election odds.

Odds For 2024 Presidential Election Favor Current VP Harris

Joe Biden is +700 to win the Democratic nomination in 2024. His Vice-President, Kamala Harris, is +250 to win the nomination and +500 to win the election. Mike Pence and …

Georgia Senate Runoff Betting Odds Outlook

(R)Kelly Loeffler is favored over (D)Raphael Warnock in the Georgia special election. The runoff elections for the Georgia Senate races are scheduled for January 5, 2021. (R)David Perdue is the …

A Peek Into The Betting Odds For The 2024 Presidential Election

Sportsbooks are already accepting bets for the 2024 Presidential Election with odds posted for the event. Joe Biden and Alexandria Ocasio-Cortez are both tied for the top spot with odds …

Biden Favored In Swing States: Why Bettors Are Leaning Blue

Joe Biden still has -280 odds to win Arizona even after being declared. Donald Trump has +360 longshot odds to win Pennsylvania despite having a strong lead. The Trump campaign …

Biggest Possible Political Betting Upsets From Election Day

(D)Candace Valenzuela (-150) was beaten by underdog (R)Beth Van Duyne in the Texas 24th Congressional District. (R)John James (+225) is beating (D)Gary Peters (-345) currently in the Michigan Senate Race. …

Best Bets For Two Of the Closest House Of Representatives Races

(D)Candace Valenzuela is a -150 favorite over (R)Beth Van Duyne in the Texas 24th Congressional District House race. (R)Don Bacon is listed at -135 odds to win Nebraska’s 2nd Congressional …

Effectively, yes, but not at state-run sportsbooks. State-run sportsbooks avoid all appearances of impropriety and do not offer election wagering in any form. One in West Virginia of them tried to do so in 2020 and it was almost immediately removed from the book.

US-based books cannot offer legal US election odds, but overseas books can, as there is no impropriety involved in betting on elections. Basically, it is legal to bet on US elections as long as you utilize an online sportsbook.

There are a number of sportsbooks that offer election odds for every aspect of the election. For most people, offshore online sportsbooks are the best bet to find not only competitive odds but a multitude of wagers and limitless prop bets on the election from the campaign trail through the vote. The top sportsbooks offering election odds can be found on this page.

Bovada Sportsbook

Elect Top Political Wagers

Bovada Sportsbook is one of the most reliable, legal, and reputable political wagering platforms on the internet. Their website is mobile accessible and will have betting lines and wagers on all elections happening in the United States, not just the Presidential Election. From debates to how states will ultimately vote, everything on the political spectrum for betting on the election can be found on Bovada Sportsbook. Joining is quick and easy and once a deposit is made, members can begin electing their favorite posted wagers for a chance to win some money on their political savvy picks.

BetOnline Sportsbook

Tons Of Election Betting Lines

BetOnline Sportsbook covers elections worldwide but the most popular are the elections in the United States, most notably, the Presidential Election. BetOnline is terrific with its easy to navigate website and endless promotions for members. Betting on politics is simple with a category set aside on the site with bets on bets on bets for the political buff down to every detail going on with the election, not just who will win the vote. The website is conveniently available through the use of cellphones, making wagering on their election odds more convenient than ever.

In the midterm elections of 2022, there will be several senate seats up for grabs, as well as every seat in the House of Representatives. The House is elected every two years, while Senators serve six-year terms, and are up for re-election roughly one-third at a time. Betting on midterm elections can serve as a political betting dream, as they happen frequently and nearly all have posted betting odds.

States With Senate Seats Up For Grabs In 2022

• Alabama
• Alaska
• Arizona
• Arkansas
• California
• Colorado
• Connecticut
• Florida
• Georgia
• Hawaii
• Idaho
• Illinois
• Indiana
• Iowa
• Kansas
• Kentucky
• Louisiana
• Maryland
• Missouri
• Nevada
• New Hampshire
• New York
• North Carolina
• North Dakota
• Ohio
• Oklahoma
• Oregon
• Pennsylvania
• South Carolina
• South Dakota
• Utah
• Vermont
• Washington
• Wisconsin

In the Senate, there will be 34 Senate seats up for grabs in the 2022 Senate midterm elections. 13 of these seats are currently occupied by Democrats, while 21 are currently occupied by Republicans. This, in theory, means that the Democrats have more to gain in this election, although a lot could change between now and the election. Make sure to pay attention to the Senate election odds when they are posted, as they are quick to change once made public.

2022 Senate Elections

• Alabama
• Alaska
• Arizona
• Arkansas
• California
• Colorado
• Connecticut
• Florida
• Georgia
• Hawaii
• Idaho
• Illinois
• Indiana
• Iowa
• Kansas
• Kentucky
• Louisiana
• Maryland
• Missouri
• Nevada
• New Hampshire
• New York
• North Carolina
• North Dakota
• Ohio
• Oklahoma
• Oregon
• Pennsylvania
• South Carolina
• South Dakota
• Utah
• Vermont
• Washington
• Wisconsin

Odds for the 2024 Presidential Election are already available for betting despite the recent election just ending. It may be hard to tell who will be in the running a few years from now, but bettors can still get in some early odds for some of the top candidates as well as longshots. Vice President-Elect Kamala Harris leads all odds to win the overall election, followed by current President-Elect Joe Biden. Donald Trump is available for a possible chance at a second term, followed by Nikki Haley, Andrew Yang, and Vice President Mike Pence. Odds are also posted for who will win the nomination for each political party.

US Presidential Election 2024 – Odds To Win

• Kamala Harris +400
• Joe Biden +650
• Donald Trump Sr. +800
• Nikki Haley +1200
• Andrew Yang +1600
• Mike Pence +1600
• Michelle Obama +2000
• Pete Buttigieg +2000
• Alexandria Ocasio-Cortez +2500
• Bernie Sanders +2500
• Beto O'Rourke +2500
• Elizabeth Warren +2500
• John Kasich +2500
• Mark Cuban +2500
• Stacey Abrams +2500
• Andrew Cuomo +3000
• Tim Scott +3000
• Ted Cruz +3300
• Michael Bloomberg +3500
• Amy Klobuchar +4000

US Presidential Election 2024 - Democratic Candidate

• Joe Biden +250
• Kamala Harris +300
• Alexandria Ocasio-Cortez +1000
• Elizabeth Warren +1200
• Michelle Obama +1200
• Stacey Abrams +1200
• Andrew Cuomo +1600
• Andrew Yang +1600
• Bernie Sanders +1600
• Pete Buttigieg +1600
• Beto O'Rourke +2000
• Michael Bennet +2000

US Presidential Election 2024 - Republican Candidate

• 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

The 2020 Election was a dramatic one for the country and bettors alike. Donald Trump was trailing in the 2020 presidential odds before election day, before shooting out to a huge lead on the night of the votes. Bettors could get Biden at almost +700 odds at one point before the votes from big swing states began to come in against Trump. Biden won the election and many players who live bet on the election odds were able to capitalize at the right moment.

Betting odds are available for many different US elections. From the Presidential race to Senate and House races in each state, betting odds are available depending on the priority of each race.

Some races are not available to bet on simply because they are too small of a race to incur a large enough pool of bettors. Typically, betting odds will be available for all of the bigger states as well as any nationally prominent race.

Odds for the Presidential Election and nationally prominent State Senate and House elections are all available on the larger online sportsbooks.

The most popular political races to bet on are the Presidential Election as well as the Democratic and Republican Primary. The elections for state Senate and House races are also very popular on sportsbooks.

Us Presidential Election Odds 2020

In certain situations, bets can be refunded if there is an extraordinary circumstance in the election. However, this is very rare and you should expect your bets to be final once graded.

Betting limits for election odds will depend on a number of factors including your sportsbooks, deposit method, and bankroll. In most cases, the max bet on an election will sit in the hundreds.

2020 Us Presidential Election Odds

Shopping lines on election odds is an important process in the political betting process. Comparing odds between sportsbooks will make sure you have the best possible odds on your candidate which will in turn award you more money.