2020 Presidential Election Bet
- 2020 Presidential Election By State
- 2020 Presidential Election Betting Markets
- 2020 Presidential Election Betting Odds
- Us Presidential Election 2020
- 2020 Presidential Election Betting Odds Bovada
The results of the presidential election could sway the fate of millions of Americans. But that’s not what we’re here to think about. Instead, we’re here to learn how to bet on the 2020 presidential election online – and win.
In 2016, President Trump won and created a solid profit for many bettors who backed him. And if you wager correctly this time around, you could get really rich, too! And that’s why this article is here – to show you a betting strategy that can improve your chances of winning.
In this article, I’ll be taking a look at the best 2020 presidential election betting sites, and I’ll be revealing a few strategies, tips, and tools that will help you place better bets.
Best Presidential Election Betting Sites
The latest 2024 presidential election odds show Vice President Kamala Harris as the front-runner over President Joe Biden and former President Donald Trump at most European sportsbooks.For instance, Harris is +350 to win in 2024 at Bet365, with Biden at +400 and Trump at +600. The thinking is that Biden may opt to let Harris take the reigns in the next Presidential election cycle, due to the. Presidential Election. The 60th Quadrennial U.S. Presidential Election runs on November 5th 2024. BUSR has the latest odds for all potential candidates (including a few names that may surprise you). All data will be updated throughout the many midterms, scandals, and surprise announcements that are sure to come between now and election night. 2020 Presidential Election Betting. With the outbreak of the coronavirus pandemic comes the ultimate wild card for the 2020 United States Presidential election. COVID-19 will factor into every single aspect and political issue of the upcoming campaign. The economy, health and human services, foreign relations, trade, immigration, and national.
BetOnline is a U.S. sports betting site that’s good for political betting. It has a great layout, good early lines, and fast payouts.
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BetWay is one of the most impressive and reputable European betting sites that can be accessed in the states. You can bet on all the major sports, as well as some niche ones, and there’s a separate section for political betting, including the US presidential election.
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Easily the U.S.’s premier sports betting site, Bovada is hard to beat when it comes to political odds and futures. Futures odds often change by the minute, and Bovada offers some of the most competitive odds around.
Sign up today and grab a 50% welcome bonus when you make your first deposit up to $250.
Betting On The Presidential Election: Full Guide
Helpful Stats & Facts For Betting On The Presidential Election
- Only 13 Presidents have completed two terms
- Joe Biden is the oldest candidate to be elected as a first-term president
- There have only ever been two presidents who were also divorcees – Ronald Reagan and President Trump
- Only two presidents have ever won 49 out of 50 states
- You can win the popular vote but lose the election, and this has happened four times so far
- Donald Trump raised $512.2m during his 2016 election. Hilary Clinton raised $1,068.1m and still lost
- Ohio has voted for the winner every single time bar one since 1944
The Most Popular Types of Presidential Election Bets
There are only twos type of bets you can place:
With a moneyline wager, you’re wagering on one of two possible outcomes. For example, you might wager on the winning party, or you might wager on Joe Biden to win the 2020 popular vote. Or, you might bet on electoral college votes, such as either Biden or Trump to win 400+.
Props betting is a little more interesting because you bet on all kinds of things, including who will be X’s running mate, how long a televised debate will last, how many times a candidate might say a specific word during a debate, and so on.
A prop bet might look like this:
Will Donald Trump be impeached before the 2020 elections?
- Yes (+175)
- No (-250)
US Presidential Election Betting Strategy
It’s not easy to predict who’ll win the 2020 election. And because you only have two candidates to choose from, it would seem that you haven’t got much room for maneuver.
The best way to play this, therefore, is to play the electoral betting odds.
What do I mean by this?
Essentially, this is a form of arbitrage betting which requires you to back a candidate and then lay them later on.
Here’s what I mean:
When a candidate is an outsider according to the latest presidential election odds, now is a good time to back them. Then, as the campaign gets underway and their odds shorten, you can lay them via a betting exchange.
What does “lay a bet” mean?
This is when you use a betting exchange, such as BetDaq, to wager on something not to happen.
By backing a candidate when they’re an outsider, before laying them when their odds have shortened, you can guarantee yourself a profit no matter what happens.
Tips For Betting On The Presidential Elections
Watch Out For Strange Promises
Anyone who makes extravagant promises that the general public knows they’re not going to keep isn’t going to win. For example, over in the UK, the opposition leader, Jeremy Corbyn, told everyone his party would provide free broadband for everyone in the coming years. The public saw this as a desperate attempt to secure their vote – and it didn’t work.
Watch The Misery Index
The Misery Index measures economic misery and combines the sum of the percentage inflation rate + the percentage unemployment rate. If it rises during a president’s first term, said president tends not to land a second term.
Unfortunately for Trump, COVID-19 has caused mass unemployment in the United States.
Watch the S&P
If the S%P 500 does really well during the end of July and the end of October, the current president tends to secure another term.
On the other hand, if the stock market tumbles during that period, the opposition party usually gets in.
That said, COVID-19 has really skewered the numbers this year, so that’s something else to bear in mind.
Final Word
Political betting can be a lot of fun when you do the right things. Use the tips in this article to improve your chances of winning in this year’s election. Remember never to bet more than you can afford to lose and always bet with your head and never your heart.
Don’t forget to let me know how you get on in the comments below!
December 31 Update: Donald Trump has yet to concede to Joe Biden in the 2020 Presidential election amid claims of widespread fraud (though most Vegas political sportsbooks have paid out Biden bettors already). However, the biggest event right now is the Georgia Senate runoff on January 5, and all the top online election betting sites are offering odds on the races between Kelly Loeffler (R) and Raphael Warnock (D), and David Perdue (R) and Jon Ossoff (D).
After a previous unprecedented election cycle that included one of the most jaw-dropping Presidential campaign seasons in history and that has unilaterally redefined politics in America, it would take a lot to shock us at this point. When we recognized the surge in popularity for bettors seeking Vegas election odds and betting lines, we weren’t surprised in the least.
In fact, this is one of the more sensible trends of the 2020 Presidential race that we’ve seen emerge. The American public and the International audiences have all been much more involved with this election than any other in US history. With endless coverage of every minuscule detail of the race, people are feeling more inclined to add some betting action to their politics this year.
This guide is designed to provide additional insight for those interested in accessing current Vegas election odds for the 2020 Presidential election, as well as information on legally licensed and regulated offshore sportsbooks that accept political bets placed by US residents. We will provide brief biographies on each relevant candidates running for President, potential VP candidates and their odds, and valuable information about political betting options for the 2020 election cycle and all future upcoming US elections.
Coronavirus Update: The Coronavirus has affected everything in the USA from sports to politics. Our guide to how the Coronavirus has affected Vegas election odds goes into further detail about primary postponements, President Trump's odds, candidate odds, and more.
Top Sportsbooks Offering Betting Odds
For The Presidential Election
Site | Bonus | Rating/5 | USA | Visit |
---|---|---|---|---|
1 | 50% Max $250 | 4.5 | ||
2 | 50% Max $1,000 | 4.4 | ||
3 | 100% Max $1,000 | 4.4 | ||
3 | 75% Max $1,000 | 4.1 |
Vegas Election Odds - President
- Kamala Harris +450
- Joe Biden +600
- 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
- Kamala Harris +400
- Joe Biden +500
- Mike Pence +600
- Nikki Haley +1400
- Alexandria Ocasio-Cortez +1600
- Ron DeSantis +1800
- Michelle Obama +2500
- Donald Trump Sr. +3300
- Andrew Yang +4000
- Josh Hawley +4000
- Pete Buttigieg +4000
- Tom Cotton +4000
- Bernie Sanders +5000
- Candace Owens +5000
- Charlie Baker +5000
- Chris Christie +5000
- Dan Crenshaw +5000
- Deval Patrick +5000
- Donald Trump Jr. +5000
- Mike Pompeo +5000
- Tulsi Gabbard +5000
- Amy Klobuchar +6600
- Beto O'Rourke +6600
- Condoleezza Rice +6600
- Cory Booker +6600
- Elizabeth Warren +6600
- Gavin Newsom +6600
- Kamala Harris +400
- Joe Biden +500
- Mike Pence +600
- Nikki Haley +1400
- Alexandria Ocasio-Cortez +1600
- Ron DeSantis +1800
- Michelle Obama +2500
- Donald Trump Sr. +3300
- Andrew Yang +4000
- Josh Hawley +4000
- Pete Buttigieg +4000
- Tom Cotton +4000
- Bernie Sanders +5000
- Candace Owens +5000
- Charlie Baker +5000
- Chris Christie +5000
- Dan Crenshaw +5000
- Deval Patrick +5000
- Donald Trump Jr. +5000
- Mike Pompeo +5000
- Tulsi Gabbard +5000
- Amy Klobuchar +6600
- Beto O'Rourke +6600
- Condoleezza Rice +6600
- Cory Booker +6600
- Elizabeth Warren +6600
- Gavin Newsom +6600
Remaining Candidates Still Alive In The 2020 Presidential Race
Relatively early on, the Presidential candidates were finally narrowed down to just two, Joe Biden and Donald Trump. The Democratic field started with 27 candidates, but the field has slowly eroded away to the remaining candidate. Other Third-Party candidates and Independents were expected to run (and did so), but there were only two real candidates for the 2020 Presidential election. You can find valuable information on those two nominees and other potential candidates in our political news section.
With the 2020 general election all but over, it appears that Biden has the edge on Trump to win the White House. The results are sure to be contested, and you can bet that there will be plenty of betting lines and props on all the intrigue that's headed our way in the aftermath of November 3.
- Eric Swalwell
- Jay Inslee
- John Hickenlooper
- Kirsten Gillibrand
- Richard Ojeda
- Seth Moulton
- Bill de Blasio
- Tim Ryan
- Beto O'Rourke
- Mark Sanford
- Wayne Messam
- Joe Sestak
- Steve Bullock
- Kamala Harris
- Julian Castro
- Marianne Williamson
- Cory Booker
- John Delaney
- Joe Walsh
- Andrew Yang
- Michael Bennet
- Deval Patrick
- Tom Steyer
- Pete Buttigieg
- Amy Klobuchar
- Michael Bloomberg
- Elizabeth Warren
- Tulsi Gabbard
- Bill Weld
- Bernie Sanders
2020 Presidential Election By State
Other Political Betting Options
In addition to betting on the 2020 Presidential election, there were other political betting options available to US bettors during the latest cycle. The following types of election betting lines can't be found in Vegas, but online, the political betting options are endless.
FAQ's Related To The Presidential Race
2020 Presidential Election Betting Markets
Vegas odds on the Presidential election have been a highly sought after commodity this year, and as the November 3rd Election Day neared, gamblers were becoming even more active on political betting lines.
Political wagering involves unique nuances and distinctions that other betting markets do not touch on and taps into a very personal and emotional segment of the wagering experience for American gamblers. Never before has a United States Presidential election been so volatile or included such controversy, and this could be the new norm.
Record-breaking early voting statistics are both a result of the most dramatic Presidential election in American history and a big influencer on the odds boards. The following are some of the most frequently asked questions concerning Vegas odds on the 2020 Presidential election and how bettors can participate in this popular trend that is taking the gambling entertainment industry by storm.
As long as your are placing your bets at a legally licensed and regulated online sportsbooks located outside of the United States, then yes, it is perfectly legal for US gamblers to bet on the 2020 Vegas election odds and all other election lines. The sportsbooks featured in this guide are all operating legally within the industry and offer legitimate wagering opportunities to American bettors. There are no US federal laws that prohibit Americans from enjoying online political betting at a legal online sports betting site that holds the proper credentials and operates overseas.
Unless you live in the state of Washington or Connecticut, state gambling laws do not make it illegal to participate in licensed online political betting from offshore destinations. However, the anti-online-betting laws in WA and CT are historically unenforced, though you proceed at your own risk.
2020 Presidential Election Betting Odds
Note: You will currently not find election odds at domestic Vegas sportsbooks or other physical or online venues based in the US. However, it usually isn't technically illegal for these books to offer political lines. Instead, state gaming regulators are simply reticent to offer such lines to the public. That's why offshore betting remains your best bet for political wagering.
You will find that the Vegas odds on the Presidential election do not always line up with the latest polls released by various media outlets. This is due to several reasons. First, the polls are often manipulated and manufactured in order to influence public perception and sway the masses. Secondly, political polls simply are not reliable due to the many variables involved in authentic polling and tracking.
When the oddsmakers are determining the relevant and current odds, they use a more effective and well-rounded series of data and research to reflect the actual pulse of the American voting public. It is in their best interest to achieve a clear and concise understanding of how the voters are leaning in order to ensure the integrity of the betting action and to minimize their risks. In many ways, the Vegas betting odds for who will win the Presidency are more reliable than any political poll.
While you will certainly find Vegas odds on who will become the next President of the United States, you will also find betting odds and lines that cover a host of other categories, including the following:
- Which party will win the election
- Which candidate and which party will win the popular vote
- What percentage of the vote each candidate will receive
- How many states each candidate will win
- Which side individual states will fall on
- Presidential impeachment and removal
These are just a few of the samples that you’ll find. Various political props bets have also emerged as the Presidential debates took place.
Us Presidential Election 2020
While a simple Google search will yield various odds results, we recommend that you only consider the input of industry professionals. We strongly urge you to limit your betting action to only those online sportsbook destinations that have been vetted and approved by experienced analysts, such as the team that created this guide. In addition to verifying the legitimacy and quality of each sportsbook brand, we also analyze the betting odds, lines and paylines to ensure they are comparable with the Vegas bookmakers' consensus.
2020 Presidential Election Betting Odds Bovada
You will notice that if you compare the lines at the sportsbooks we recommend, you'll see different odds for the same categories and races. Most legitimate participants in the industry will usually all be pretty close to each other in terms of the odds, though you can sometimes find major outliers that can carry a nice 'presidential' profit. That's why we always recommend signing up at multiple books and shopping lines to find the best prices on every wager.
Just be careful of odds that look too good to be true, like a yuge payout on Donald Trump to win in 2020. Any book offering large positive moneylines on a Trump win are to be avoided. Remember: Questionable sportsbooks will offer unrealistic odds and betting lines to attract players in an effort to defraud or steal from them. Betting on politics online is very safe, as long as you are diligent and selective in where you place your bets.
Yes, you can vote for any candidate, regardless of your political affiliation or leanings. In fact, we encourage you not to limit your betting action to only those candidates that you would vote for. You may hate the front runner or love the underdog, and in both cases you would ‘feel’ in opposition to the odds. The odds are mathematically calculated predictions that may very well not line up with your personal preferences, but they show where the public is betting, and elections are public events.
The point of gambling is to win money, not to take a political stance. Using your voice to make a difference is what the voting booth is for, not the betting lines. Apply the odds logically to your specific strategy, whether you love going with long shots or playing it safe.