1. 2016 Election Betting Odds
2. How To Bet On Presidential Election
3. 2020 Election Betting Site
4. Betting On Election
5. Bet On Politics

Betting on the 2020 Presidential election is a great way to get involved in watching politics. It’s the biggest political event in the world, and there is a lot to learn about historical presidential election results that can inform your decision to bet on the election. It works in much the same way as betting on many sports teams. Basically, the sportsbooks will handicap the odds and provide a moneyline, and the bets will be made based on that moneyline. For example, there are different odds for Donald Trump to win the presidency than there are for Joe Biden to win the presidency.

One thing to keep in mind, though - the odds are not predictive! Hillary Clinton was favored to win the presidency in 2016 and we all know how that turned out. Seeing how the political betting odds on the 2020 presidential election change with current news and political matters only help keep bettors in the loop. When finding the most current 2020 election betting odds, bettors will also be able to find various prop bets to offer a full list of available bets.

Current Presidential Election Odds

In the world of political betting, the US presidential election is the Super Bowl. Nothing attracts more action or attention, especially after 2016’s massive upset in which Donald Trump beat Hillary Clinton despite being a 4-to-1 underdog at most sportsbooks. New customers only. Min deposit £5 or more. 100% matched as Bet Credits up to £100. Bet Credits are non-withdrawable. Offer needs to be claimed within 30 days of registration. Min odds to release Bet Credits is 1/5. Payment method exclusions apply. While you may not be able to guess it through the site’s name, SportsBetting actually has some of the best 2020 presidential betting odds of any sportsbook on the web. SportsBetting makes placing a wager on a political candidate as easy as making a prop bet on a certain athlete.

President Trump's Odds to Be Reelected

The incumbent President, Donald J. Trump, is the favorite to win reelection at this very moment, despite the COVID-19 pandemic and polling showing him behind. The economy has remained strong during the pandemic, in part due to massive intervention from the Federal Reserve, and this is surely buoying Trump’s odds to get reelected. Currently, here is what Trump’s odds look like:

2020 US Presidential Election Winner:

• Donald Trump -120
• Joe Biden +130

Trump looks to be a notable favorite at many of the online sportsbooks, with -120 odds to come away from the November election as the President for a second time. The Democrats have anointed Joe Biden their nominee, and his odds are also worth discussing.

Joe Biden Odds To Win The Presidential Election

Joe Biden, former Vice President, is the presumptive nominee for the Democratic Party. Despite this, there is some amount of a gap between Biden's odds to win the presidential election, and the odds of the Democratic Party candidate to win the election. This is because he is not officially the candidate yet, and there are fairly constant rumors about him stepping down at the convention.

Here’s what his personal odds look like:

2020 US Presidential Election Winner:

• Donald Trump -120
• Joe Biden +130

And here is what the party’s odds look like:

Winning Party:

• Democratic Party -105
• Republican Party -125

This is an interesting split. The odds for the Republicans stay nearly the same, moving from -120 to -125, but the odds for the Democrats compared to Biden alone features a big change. Biden alone has +130 odds, while the Dems have -105 odds all told. This, again, reflects some amount of belief that Biden will not be the person on the ballot in November.

The Impact Coronavirus Has Had On The 2020 Presidential Election

The COVID-19 pandemic is still ongoing and appears likely to be affecting the world through at least 2021, meaning that the election will likely be held during said pandemic. This has caused fears of a delayed or postponed election, or even of a cancellation. However, many sportsbooks think that the impact the coronavirus has on the 2020 presidential election is unlikely to make major noise. One online sportsbook even went so far as to place odds on whether or not the election would take place on November 3rd, as scheduled. Yes was a -700 favorite, while No clocked in with +425 odds.

How The Economy Influences Presidential Elections

“It’s the economy, stupid” are words that live in the minds of every presidential bettor in the world. People react to how they are doing, and the economy is one of the biggest predictors of presidential popularity that exists. However, President Trump has shown a relative immunity from the benefits of having a good economy, as well as from the downsides of doing things that are fairly outlandish - his popularity remains relatively static. It could be that this is just one more canard that he will overturn, or it could be that, should the economy experience a downturn, so too will his polling numbers. The President is very focused on making sure the economy influences presidential elections in the correct manner.

“There is no way Donald Trump is winning the election.”

How many times did you say that or hear someone say that in 2016? Surely no one in their right mind thought that Hillary Clinton could lose the Presidential Election to this guy, right? Well, there were a lot of people who truly thought this underdog could win, and if they were smart, they would have searched out a place to make a wager on that exact outcome.

Did you know that there is a significant amount of money being wagered around the world on politics? Throughout twenty years in the online gambling business, this area of betting has gone from a few sites willing to take action on anything to sites having full sections focused on political betting. On this page, we are going to lay out all the types of political bets you can make, as well as show you the best sites for finding the political bet you are looking for.

Where Is the Best Place to Make a Political Bet?

There are a couple things to look for when it comes to political betting online. First off, you want to visit several sites to find the best odds on what it is that you are looking to make a bet on. We have compiled a list of some of our recommended sites for political betting above.

One factor to take into consideration is the location of the site offering the odds. It is more likely that a site based in the UK will have a better handle on British politics, and as a result may have more options when it comes to betting on the outcomes of elections in that country.

Another potential decision-making concept for political gamblers is what types of elections a site offers odds upon. If you relate this to traditional sports betting, you can find some sites that allow you to bet on minor league or division sports as opposed to the major leagues. For the purposes of political betting, this could mean finding a site that is taking action on the results of a Mayoral election as well as one of more national exposure like Prime Minister. These smaller-scale elections may provide better opportunities to find more generous odds for players.

Why Are People Betting on Politics?

The easy answer to this is that people will bet on anything if given a chance and the right odds. It is hard to say when betting on elections began, but it is likely that it goes back a few hundred years along with most sports gambling. Making a bet on the outcome of a political campaign is no different than making a bet on a boxing match, really. If you break it down, there are two opponents (sometimes more than two, depending on the election) who are trying to win a title. There are favorites and underdogs, and with that come odds of a candidate securing the win.

These days, with all the craziness going on in the world, especially in the United States, more people are turning to gambling on the future outcomes of political campaigns as a way of dealing with the emotions around the events themselves. As you will see a little further down, many online gambling sites are capitalizing on this trend by offering a wide array of bets on the political moves of countries around the world.

What Types of Bets Can Be Made on Politics?

This is where we have seen the most changes in the political betting landscape over the last few years. Online gambling sites are dedicating more time and effort to the sport of politics, and this means that there has been a significant increase in the number of betting options for the public. Let’s look at a few of the most popular types.

1. Straight Bets

These are the standard bets on which candidate or party will win an election. In some cases, you will be able to bet on a political party winning the next election even if they haven’t chosen a leader yet. For the majority of straight bets, however, you will find odds on each of the election participants, and you will make your selection on who you think will win. If that candidate wins, you get paid!

These types of bets are similar to moneyline bets in sports. You pick a winner and based on their handicapped odds, and you are paid based on the line the site puts up. Again, as some sites may pay more attention to this than others, doing your research is important as you may find significant swings in the odds from site to site. Finding value in these political bets is what can make them a profitable venture.

2. Spread Bets

These types of political bets are not focused on which candidate or party will win the election, but by what margin. This is similar in nature to spread betting on sports. While you know the Golden State Warriors are going to beat the Brooklyn Nets, in an NBA game when you are spread betting you will have to bet that they are going to win by at least certain number of points.

To convert that to betting on elections, let’s look at the 2016 US presidential election. You might have found the following bets available:

• Clinton -2,000,000 in the general election
• Trump +1,900,000 in the general election
• How many electoral votes will Clinton beat Trump by?
• How many electoral votes will Trump win by?
• How many seats will the Democrats win by?

As you can see, this would allow you to bet on a candidate without having them win the actual election, similarly to an underdog covering the spread. With straight bets, your choice would have to win the election outright. This gives you a different way of betting on the outcome, which appeals more to someone who isn’t entirely sure who the victor will be.

2016 Election Betting Odds

3. Prop Bets

Prop bets have become more and more popular in the sports betting world over the last decade. Rather than requiring an outcome of an event to take place, prop bets allow someone to make a wager on other aspects. This can be applied to the world of politics as well, especially when it comes to some of the leading political countries around the world.

Prop betting, as we mentioned, is not dependent on the outcome of an election. As a matter of fact, there doesn’t even need to be an election to make a prop bet on a political figure. Let’s use the US as an example. Here are some prop bets you could find or may have found in the past about American politics:

• What will be the official weight of the President announced as after his physical?
• How many days will Donald Trump be President?
• What will the age of the Democratic Candidate for President in 2020 be?
• How many times will Trump say a particular word in a State of the Union speech?
• Will the President be impeached?

All of these types of prop bets would come with two options (for example, for the weight bet it could be Under 240.5 and Over 240.5) and in most cases, the odds are the same for either side of the bet (-110). Prop bets are more for entertainment purposes than anything, and what could need entertainment added to it more than politics these days, right?!

Can You Be a “Sharp” Political Bettor?

How To Bet On Presidential Election

Of course you can! As we mentioned, one of the easiest ways to give yourself an advantage when it comes to political betting is to shop around. You will most likely find slightly different odds on a particular bet from book to book. As there won’t be the same type of volume of bets on elections as on sporting events, the lines have to move so sites can protect themselves.

Another thing to look for is the betting limit on any individual political wager. If you are sure of an outcome, then you want to find a site that has high limits for these types of bets. In most cases, you will find smaller limits for political bets than traditional sports wagers, as the sites don’t have a team of political experts on staff. A sharp bettor will find the highest limit to go along with the best price before putting any money down.

Now, when it comes to being a sharp bettor from an information standpoint, well, that’s a different concept altogether. There are thousands of journalists that would likely consider themselves to be “experts” on the topic of politics, but how many of them would have picked a Trump victory in the 2016 US presidential election?

2020 Election Betting Site

We would say that being an insider definitely helps – maybe you know a Senator or someone who works in a Mayor’s office. That type of inside information can definitely make a difference when it comes to finding the diamonds in the rough. In that way, it is very similar to horse racing, as many times someone working in the stables will come across the inside scoop on a particular horse.

Betting On Election

Conclusion

Bet On Politics

There is no doubt that the appetite for gambling on politics has grown over the years. These days, you can find any number of sites offering odds on all kinds of elections across the globe. However, to make political gambling a profitable venture, you should be doing your research not just on the candidates and campaigns, but on the sites offering these bets. A little bit of time spent searching out the best odds can make the difference in how much you can win when you are ready to make your bet, and isn’t that what it is all about?