Political Betting
Politics Betting Info on Odds Shark. Like many bettors, you may be wondering, can you bet on the presidential elections? The answer is a resounding “Yes!”. The election will take place on Tuesday, November 3rd, 2020 with betting opportunities coming in strong like a D Triple C fundraiser. Where to Bet on the Presidential Election. For all the latest odds and betting tips on US politics, including regular election updates and analysis from Paul Krishnamurty. General Election 2017 Constituency Guide.
Betting on political election outcomes has always been prevalent around the world, especially in the US, long before polling was available. Political betting was the first indicator of the market since there were no scientific polls and it increased public engagement in relation to the elections.
Over a hundred years ago, betting on politics was as popular as the Super Bowl is today. Patrons would gather at taverns or within town squares for betting on Presidential candidates in hopes of earning a large cash payout.
Today political wagering is still as popular as ever and there are multiple legal avenues for participating. With the legal betting market in the US expanding, additional forms of betting are surfacing, including betting on political events and elections. Presidential election betting odds and lines have become prevalent at many reputable and popular sportsbooks, and political prop bets are enjoyed by political enthusiasts from all backgrounds.
Is it Legal to Bet on Politics?
Nothing is illegal about betting on politics specifically at state-regulated or offshore sportsbooks. However, each state and offshore sportsbook applies different policies concerning what types of betting action they offer. Political wagering is most commonly found at the offshore online sportsbooks that accept US players, including the ones we recommend on this page.
Political betting is considered a niche option of sports gambling and may not yet be easily found at domestically operated sportsbooks. Nonetheless, the US has no laws against sports gambling.
Best Sportsbooks for Betting on Politics
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3 | 50% Max $1,000 | Visit Site Review | |
4 | 100% Max $500 | Visit Site Review |
Legal Betting on the 2024 US Presidential Election
2024 Presidential election betting is considered a hot topic in the United States political betting market due to the closeness of this past election. Presidential betting markets should be watched as political betting odds are subject to change with the flow of information and change with the confidence of each Presidential candidate winning either their party nomination or the election. Numerous political betting sites will be offering presidential betting lines and election betting odds.
Who is Running for President In the US?
In the current 2020 election cycle, nearly 30 Democratic candidates faced off to win the DNC nomination in a bid to face incumbent Republican President Donald Trump. President Trump currently had only one challenger within his party for the Republican nomination, former Governor of Massachusetts Bill Weld.
To bet on any of the remaining candidates to win their party's nomination, you can sign up for free at any reputable offshore sportsbook. Below, we take a look at each party's running candidates.
Odds for Who will win the 2020 Democratic Nomination
Political betting markets have been doing brisk business with their Democratic nomination odds. These 2020 US Presidential betting odds have significantly changed throughout the course of the Democratic primary debates and state-by-state elections. Now that Joe Biden is the only candidate left standing several other possible candidates have emerged as betting prospects.
Democratic Candidates Currently Running:
Odds for Who Will win the Republican Nomination
At this time, President Donald Trump is favored to win the Republican party nomination for the 2020 election. Nonetheless, the sitting President had one (barely) active party challenger: Bill Weld. Now that Weld has dropped out Trump is a sure thing to win the nomination, however, odds are available for other possible candidates barring something drastic.
Republican Candidates Currently Running:
- Donald Trump (Incumbent)
Potential Republican Candidates Include:
- Mike Pence
- Nikki Haley
- John Kasich
- Mitt Romney
- Ben Sasse
- Paul Ryan
Odds for Who will win the 2020 Presidential Election
At this time, oddsmakers have established several odds for running Republican and Democratic candidates as well as suspected candidates who may enter the 2020 race. Suspected candidates for winning the overall 2020 Presidential election can include obscure individuals based on which sportsbook you decide to place a wager with.
Candidates With Betting Lines and Odds:
Odds available at Bovada
- Joe Biden -2000*
- Donald Trump +800*
*Odds from Nov. 3rd, 2020
Odds To Impeach Donald Trump From Office
Though the Democrat House actually impeached Trump (December 2019-February 2020), odds for whether or not the President will be impeached again will probably be up soon. If Trump wins reelection and the House remains in Democratic control, you can expect The Donald to face down one or two more impeachment 'scandals.'
For Trump to get impeached again, he will need to win his reelection in 2020. Right now, he is a heavy underdog to DNC candidate Joe Biden. Odds for Donald Trump to be impeached again will not appear until after his reelection. If they do appear, bettors can be certain that the odds will be incredibly favorable for it to happen again.
Political Prop Bets
Political prop bets often encompass minor events during an election cycle, debates, rallies, town halls, or speeches. Prop bets can also cover unplanned current events, including scandals that take place during the campaign season.
Typical prop bets would touch on subjects discussed, policy changes, outfits worn, and whether or not the events discuss the current administration. Prop bets are usually available just before a particular event occurs, such as debate prop bets being available to wager on just weeks before the start of the Democratic debates.
An example of a political prop is included below, but you can find all the current election props at the link above.
US Presidential Election 2020 - Winning Party
- Democratic Party -165*
- Republican Party +125*
*Odds from Nov. 3rd, 2020
Presidential Debate Prop Bets
The first Presidential debate is scheduled for Tuesday, Sept. 29th, 2020. This will be the first of three confirmed debates between President Trump and Democratic Presidential nominee Joe Biden.
Biden agrees to 4th debate moderated by J. Rogan*
- Yes +700
- No -2100
Biden publicly responds to Rogan's debate offer*
- Yes - To 4th Debate Offer +100
- No - To 4th Debate Offer -140
Will Donald Trump say Qanon?*
- Yes +300
- No -500
Will Donald Trump say sleepy Joe?*
- Yes +100
- No -140
Will Donald Trump mention Joe Biden's basement?*
- Yes -160
- No +120
How many times will Donald Trump say China?*
- Over 6.5 -500
- Under 6.5 +300
Will Donald Trump say anarchists?*
- Yes -700
- No +400
How many times will Donald Trump say ANTIFA?*
- Over 4.5 +155
- Under 4.5 -220
How many times will Donald Trump say Portland?*
- Over 2.5 -280
- Under 2.5 +190
How many times will Donald Trump say Seattle?*
- Over 1.5 +150
- Under 1.5 -200
Will Donald Trump mention Ted Wheeler by name?*
- Yes +425
- No -800
Will Donald Trump say law and order?*
- Yes -1100
- No +550
How many times will Donald Trump say law and order?*
- Over 3.5 -120
- Under 3.5 -120
How many times will Donald Trump say Obama?*
- Over 3.5 +100
- Under 3.5 -140
How many times will Joe Biden say Q or Qanon?*
- Over 1.5 +300
- Under 1.5 -500
Will Joe Biden say very fine people?*
- Yes +120
- No -160
Will Joe Biden call Donald Trump a racist?*
- Yes +170
- No -250
How many times will Joe Biden say Antifa?*
- Over 1.5 +300
- Under 1.5 -500
Will Joe Biden say fact-check?*
- Yes -160
- No +120
Will Joe Biden call Trump a liar?*
- Yes -300
- No +200
Will Joe Biden mention Bob Woodward?*
- Yes +100
- No -140
Will Joe Biden mention number of USA COVID-19 deaths?*
- Yes -1100
- No +550
Biden misquotes # of USA COVID deaths by over 100k?*
- Yes +350
- No -600
Will Joe Biden say Russia?*
- Yes -700
- No +400
How many times will Joe Biden say China?*
- Over 2.5 -120
- Under 2.5 -120
Political Betting Vegas
Who will CNN say won the first debate?*
- Donald Trump +400
- Joe Biden -700
Who will FOX News say won the first debate?*
- Donald Trump -600
- Joe Biden +350
Will Joe Biden participate in the second debate?*
- Yes -350
- No +225
Will Joe Biden participate in the third debate?*
- Yes -300
- No +200
*Odds from Oct. 9th, 2020
Political Futures Bets
Not all political betting lines must be timely with the event they are associated with. Several political betting odds are available well in advance of certain elections such as the 2020 US elections and international Presidential elections. Political bets can be made on mobile through these sportsbooks at any time.
Other Global Political Betting Options
Political betting markets and wagering are not exclusive to the United States and its political market. Prominent online sportsbooks often cover politics on a global scale, offering odds and betting lines for elections and political events in multiple countries.
Political betting lines have been listed for Brazil regarding if Jair Bolsonaro will complete his first Presidential term. The UK often has political betting lines available for policies regarding Brexit and the Prime Minister. Other political betting odds can touch on Indian, Philippine, and French elections Below you will find the current international betting odds for politics.
Political Menu
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Political Betting Polls
Politics is ruthless, aggravating, exciting, annoying, interesting, boring and life-changing all at the same time. The general public may take only a passing interest in politics, but I know that there are lots of us out there who follow politics in great detail.
Best Political Betting Sites
You can spend your time reading blogs and e-mailing news stories to your friends, but why not take it a step further and see how much you really know about politics? Political betting sites allow you to take your knowledge of politics to a whole new level – and maybe even earn something for your efforts.
If you feel confident in your knowledge, you can visit any of our top-recommended betting sites to place bets on major political events. The largest online sportsbooks offer politics wagering for events around the world. Major events in the US, the UK and Europe are big attractions for gamblers with a thirst for politics.
How to Bet on Politics Online
The first step is to find a betting site that offers political wagering. This is a little hit-and-miss. Some bookmakers stick to sports and ignore everything else. Other bookmakers offer a little bit of everything. Check out a few of my recommended sportsbooks on this page for real money politics bets.
If you bet at a sportsbook, your political wagers will bet set up in the same manner as regular sports bets. In the years and months before an election, you’ll see a list of major political figures and their associated odds. These are basically futures bets for politics.
As time draws nearer to major elections, the number of options will decrease to the remaining contenders. At this point, the sportsbook may change the wager over to a moneyline bet. In that case, you will either bet on the favorite with reduced payouts or the underdog with greater potential payouts.
Another option is to visit a betting exchange. Betting exchanges are a little different than sportsbooks. Instead of betting against the book, you wager against other gamblers. Some people pick one side of the bet while other people take the opposite side. Prices for each side of each bet vary based on the current betting market.
You can read more about betting exchanges here.
What You Need to Know
Betting real money on politics is much different than debating politics. When you debate with people, you are encouraged to take your own opinions and form logical arguments that support those opinions. This is seen as a “good” way to debate.
Political Betting Odds
But what’s good in debating is folly in betting. Success in political betting doesn’t come from proving your point or reciting the works of Benjamin Franklin. No, success in political betting comes from reading the public, knowing the big names of today and accurately predicting how they will react to major decisions.
For example, all the major sportsbooks usually open bets for the US Presidential election every four years. Your personal opinions on who would be best for the country have nothing to do with placing a winning bet. You will win that bet by taking a cold, calculated appraisal of the situation and determining who will actually win the most votes.
The same thing also goes for other major decisions such as sweeping changes in healthcare legislation, immigration bills and so on. Your own personal opinions mean nothing in the context of making money. The only thing that matters is predicting what the people in charge will actually do in the real world.
How to Win at Political Bets
First of all, you have to put your personal opinions aside in political betting. Politics doesn’t always work out how you wish it would. You have to put all your personal convictions, wishes, biases and opinions completely out of mind when placing real money bets on politics.
Political Betting Sites
Not only that, but you also need to drive through the bias displayed by other people. Almost every news story or blog post shows hints of bias. It’s unavoidable. Don’t let that sway you when it comes time to put your money on the line.
The mainstream news media is an important asset even though most news stories don’t go into great detail or show expertise on politics. However, the news is what most people watch. When you know what the average voter is seeing on the news every day, you have a better idea of how those people will vote.
Political blogs can be great sources of information on the inner workings of politics in your country. I follow numerous political blogs myself and have learned a lot from the writers and comments alike. But once again, you need to separate yourself from the strong opinions expressed in blogs. The guy you WANT to win the election will not always be the guy who DOES win the election.
Pay attention to numerous polls and look for trends in public opinion. You can use polling data not only to see who will win upcoming elections, but also to see how politicians are likely to react to big events. Politicians follow polling data closely and in many cases, that’s what they base their decisions on.
Yet again, I encourage you to watch for bias in polling data. Read up a little on statistics and understanding how polls and studies can be manipulated to show certain results. And when you read news recaps about polls, remember that those news stories can be biased.
The overarching point here is that bias is present everywhere. Be a skeptic – even when you read points of view that resemble your own! Never forget that the goal is to predict what will happen in the real world, not what you hope will happen.