Vegas Betting Odds For The 2016 Presidential Election
The 2016 U.S. Presidential Election is slated to take place on November 8th, 2016 however there are already odds for who will win the 2016 Presidential Election available for wagering from online sportsbooks. This would be because no single day will influence the path of the nation as much as electing a new commander in chief to lead our country.
With the election being almost four years away (at the time of this writing), we have no idea of who will be on the ticket for any of the parties... the only thing that we do know is that President Barack Obama will not be able to seek a third term and therefore we will have a new leader following the 58th Presidential Election.
Below, we'll do our best to speculate who might be in position to win nomination, but with over 1,000 days to the next election, anything can and probably will change. We will also include other useful info about the voting process, how to register to vote, as well as info on how to bet on the 2016 U.S. Presidential Election and all the political betting odds that will be available leading up to the big day. Please use the links below to quickly navigate the different sections.
Latest Presidential Odds: Since Bovada unveilied their odds to win the 2016 Presidential Election the day after the 2012 Election, nothing has changed which was to be expected. By looking below, you can see the bet for Democrats vs. Republicans in 2016 along with each side's odds to win. The odds are currently in favor of the Democratic Party as shown by the -130 odds which pays right around $.76 for every dollar wagered. Conversely, the Republican Party has been given -110 odds which pays out $.909 for every dollar bet on the GOP to win.
Right now, it's pretty hard to determine which way this wager is going to go... we don't even know who is running at this moment. Below, we have speculated some as to who MIGHT run but nothing has been set in stone and everything is based on assumptions and other news sources. But still, these odds are open and available for wagering at Bovada until further notice. Keep checking back as we will update these odds as new information is released.
2016 U.S. Presidential Betting Odds as found at Bovada on March 22, 2012 - Click Screenshot To Bet
We became very astute in all the ways to bet on who will be the next President of the United States of America back in 2012 and leading up to that election. Below, we'll break down common ways to bet on the 2016 U.S. Presidential Election and what you might encounter when looking for the odds.
Odds To Win Electoral Vote - By far, this is the most common type of Presidential wager. This bet will simply ask who will be the next President/winner of the election. Until the candidates or potential candidates for each political party are known, these odds will likely only cover whether the Democrats or the Republicans win control over the White House. These odds were available the day after the 2012 Presidential Election for the 2016 election... we've covered these odds on this page. And, just like any wager made with a sportsbook or online bookmaker, it will be handicapped however since there is only a winner and a loser, the wager is handicapped through payouts and the amount won with a single dollar wagered.
Handicapped Electoral Vote Count - This type of betting should be familiar for anyone that knows about betting on sports. When the electoral vote count is handicapped, it is just like a spread on a football game, basketball games, etc... Basically, the handicapped vote count will dictate the margin of electoral votes a candidate will need to win/lose by in order to win the wager. We mentioned Obama beat Romney by 126 electoral votes for which his handicapped line was 90.5 electoral votes. By winning by 91 or more votes, Obama won both the election as well as the wager for those who took the bet. It is unlikely to see this line until the weeks/days before the 2016 election.
Over/Under Electoral Vote Count - Another bet that is very similar to a sports wager... the over/under wager on the electoral vote count is done on a candidate by candidate basis and it simply asks whether Candidate A will get more or less than a predetermined number of Electoral College votes. This predetermined amount will be different for each candidate based on his/her outlook for the upcoming election. Sometimes the over/under is handicapped through payouts to a single dollar wager because the difference in one state could potentially be as many as 55 electoral votes. Again, this wager usually isn't available until a week or two before the election.
Odds To Win Popular Vote - This works just like the odds to win the election however winning the Electoral College and winning the popular vote are two completely different things mainly because you can win the popular vote but not the election. Still, odds for the popular vote are presented in the same format where either Candidate A or Candidate B wins. And without a spread/handicap, each side of the wager pays differently when a single dollar is wagered on one side versus the other. Look for the 2016 popular vote odds to become available within a month of the election date.
Odds To Win A Particular Swing State - As we talked about previously, one state can make or break a campaign and therefore there is a lot of attention placed on particular states which could go either way... Democrat or Republican. Each election is different but typically these wager revolve on bigger states which can actually impact the race significantly. Each state has different odds for Democrats or Republicans based on past elections, current polling, and registered voters in the state. Perhaps the best example of this wager was Florida in 2012 where Mitt Romney was better than a 2 to 1 favorite to win the state's 29 electoral votes. Well, President Obama won Florida in 2012 thus winning a good chunk of money for anyone who bet on him to win the state because he was the underdog and a single dollar wager payed more than what was bet plus the original amount risked. Because so much goes into figuring out which way a state might go, or even if there is a possibility of it swinging to one side or the other, odds for swing states are not available until right before the election.
Political Primary Odds - Leading up to 2016 there will be a lot of campaigning within both of the major political parties for nomination to be the next President of the United States. With that comes betting odds on each party's primaries in big states where it is not already known who will be selected to represent the party in the upcoming Presidential Election. Back in 2012, Rick Santorum and Mitt Romney went head-to-head for several weeks for the Republican nomination until Santorum finally bowed out, clearing the way for Romney to seek election. In 2016, both parties will be selecting a nominee so the action should be much more intense than in 2012. Look for odds to win state primaries starting in 2015.
It is very hard to say who may seek election in 2016 until at least 24 months before the 2016 General Election however we can speculate. Below, we have some up and coming stars in both parties plus some names you definitely already know. Again, this is all based on nothing that is concrete and there is a chance that nobody we list will actually seek nomination from their party.
Potential Democratic Candidates For The 2016 Presidential Election
Hillary Clinton 2016 Presidential Betting Odds 13/10 - Wife of former President Bill Clinton, Hillary Diane Rodham Clinton is the current Secretary of State in the US, a position she assumed office of in 2009 under Barack Obama. From almost a decade as the First Lady of Arkansas to the First Lady of the United States through two Bill Clinton administration’s, Hillary Clinton has always had a strong personal identity. She continued her political career as United States Senator from New York (the first time that a former US First Lady had held public office) before taking up her current position in the White House. A graduate of Yale Law School, she remains many people’s favourite to become the first female President of the United States.
Joe Biden Presidential Betting Odds 33/1 - Born Joseph Robinette Biden, Jr, he is currently holding office as the 47th Vice President of the United State under the Barack Obama administration. Biden has been in office in 2009 following almost a decade serving as Chairman of the Senate Committee on Foreign Relations. The big political career all started back in 1973 for Biden when he took office as the United States Senator for Delaware. A University of Delaware graduate, the 69 year old was elected for a second term in the Vice Presidency in 2012.
Andrew Cuomo Presidential Betting Odds 50/1 - Son of former New York Governor Mario Cuomo, the New York native took office as the 56th Governor of New York in 2011. He has a long political career and worked at the White House during the Bill Clinton Administration. A lawyer by trade, Cuomo worked as the Assistant Secretary of Housing and Urban Development before moving on to become the 11th US Secretary of Housing and Urban Development. Cuomo, who is of Italian heritage, was the Attorney General of New York for four years between 2007 and 2010.
Martin OMalley Presidential Betting Odds 33/1 - In 2006, O’Malley was elected as the Governor of Maryland, taking office in 2007. His work prior to that has seen him serve as the Mayor of Baltimore, where, during his tenure he was named “The Best Young Mayor in the Country” by Esquire magazine. The 49 year old has also served time as a Baltimore City Councilor and currently holds position as Chair of the Democratic Governors Association. O’Malley, who was born in Washington DC, is an attorney who has long been linked with national political ambitions.
Deval Patrick Presidential Betting Odds 50/1 - Being the 71st Governor of Massachusetts, Patrick was preceded by Mitt Romney in that office. Born in Illinois in 1956, and a graduate of Harvard University and Harvard Law School, Patrick took office as the Governor in 2007, after a being an underdog in the race. He has experience of working in the White House, as he was part of the Bill Clinton administration, serving as Assistant Attorney General for the Civil Rights Division of the United States. Patrick became the first African-American Governor of Massachusetts.
Mark Warner Presidential Betting Odds 50/1 - The Indiana native is the United States Senator from Virginia, and is likely to step up to the Senior Senator position in 2013. He withdrew himself from being a Presidential Candidate in the 2008 elections for the Democratic party so as not to take time away from his family. A graduate of Harvard and working as a telecommunications executive he became incumbent in the Senate for Virginia in 2009, three years after the end of his tenure as the 69th Governor of Virginia.
Cory Booker - A graduate of Stanford, Oxford and Yale Law School, the 43 year old Booker assumed the office of the Mayor of Newark in 2006. Prior to that, he held office as City Councillor in New Jersey and although he lost his first mayoral campaign in 2002, he bounced back to take office four years later. In winning the race, Booker become the third African-American Newark Mayor. Booker has made several public philanthropic acts during his career and once turned down the chance to become chief of the White House Office of Urban Affairs Policy, so that he could concentrate on work in his constituency.
Amy Klobuchar - Born in Plymouth, Minnesota, attorney Klobuchar serves in the United States Senate for the state of Minnesota, the first woman to hold that office. Klobuchar serves the United States Congress and used to advise Walter Mondale, the former Vice President, legally. A graduate of Yale, she took office in the Senate in 2007 and has been cited as being a likely candidate to become the first female President of the USA (by the New York Times) and a nominee to the US Supreme Court.
Potential Republican Candidates For The 2016 Presidential Election
Marco Rubio Presidential Betting Odds 12/1 - The 41 year old is Florida’s representative in the United States Senate, after taking office there in 2011. Florida born and raised, Rubio spent time as a Member of the Florida House of Representatives before gaining the honourable position of Speaker of the House. A graduate of the University of Florida and the University of Miami Law School, the lawyer had been touted as a candidate for Vice President in the Republican’s 2012 Election campaign, but Rubio stated that he was not interested.
Paul Ryan Presidential Betting Odds 50/1 - 42 year old Ryan, born in Janesville, Wisconsin and a graduate of Miami University, was Mitt Romney’s running mate for the 2012 Presidential Election. Ryan currently holds the position as House Budget Committee Chairman and assumed office as the United States Representative for Wisconsin’s 1st congressional district in 1999. Ryan has a long history of speechwriting for political figures throughout his career, and is known for his budget reformations regarding healthcare in the United States.
Chris Christie Presidential Betting Odds 16/1 - Born in New Jersey in 1962, the incumbent Governor of New Jersey declined the chance of becoming a Presidential nomination for the Republican party in 2012, simply to concentrate on his job as state governor. Christie is an attorney, once working for the District of New Jersey after being nominated by Geroge W Bush, an office which he held from December 2002 to 2008. The University of Delaware Alma mater assumed office as the 55th Governor of New Jersey in 2010.
Rand Paul Presidential Betting Odds 14/1 - Self titled ‘Constitutional Conservative’ Paul, is the incumbent US Senator representing Kentucky. Paul, a resident of Bowling Green, assumed the office in January of 2011 in the Senate following national attention back in 2008. Paul came to the limelight when supporting his father, Ron Paul, a Republican presidential candidate in 2012. The 49 year old made speeches for his father, but he has also gained recognition in his political career for taking independent standpoints on issues as well.
Mike Huckabee - Governor of Arkansas, Michael Dale “Mike” Huckabee ran in the Presidential Primaries for the Republican party in 2008, finishing third behind John McCain and Mitt Romney. He took the office of Governor of Arkansas in 1996, following a term as the Lieutenant Governor of the state. Huckabee, 57, is also an ordained minister and hosts a talk show on Fox, simply titled Huckabee. The Arkansas native is also a successful, published author and a political commentator on radio.
Rob Portman Presidential Betting Odds 66/1 - A strong Ohio political figure, Portman served in the United States House of Representatives for twelve years, taking seven congressional electoral victories in a row. In 2010, the Cincinnati born Portman took office as the junior United States Senator for Ohio. Portman served the presidency of George W Bush as White House Counsel, Chief Counsel and holding positions as Trade Representative and Director of Management and Budget in his career. Portman had been strongly considered as a Vice President for the Republican’s 2012 election campaign.
Mitch Daniels Presidential Betting Odds- The Pennsylvania native became the 49th Governor of Indiana when he assumed office in January of 2005, and his current term will end in 2013 when he will take over the Presidency of Purdue University. The 63 year old, whose political career goes back to his teenage years, was expected to put himself forth as a candidate for the the Presidential race in 2012, but he opted not to. Daniels worked under the presidency of George W. Bush as Director of the US Office of Management and Budget. Published author and Alma mater of Princeton, he once turned down a vacant senate seat because of family commitments.
Bob McDonnell Presidential Betting Odds 50/1 - Born in Philadelphia, Pennsylvania, the 58 year old is the incumbent Governor of Virginia, a role he has held since January 2010. McDonnell comes from a military background, having served as a lieutenant colonel in the US Army. His first major public-serving office was at the Virginia House of Delegates from where he moved on to become the Attorney General of Virginia, a post he held for four years between 2006 and 2009.
We're pretty sure most of you know how the election process works however if you do not, we encourage you to keep reading this section. We're going to cover some basic material which will help you better understand our (the U.S.) electoral process.
Electoral College vs. Popular Vote
The first thing you need to know is that the popular vote has no bearing on the outcome of the election meaning that it is totally possible for one candidate to get more votes than his/her competitor but still not win the election. This is because the United States uses the Electoral College which assigns a specific number of votes to each state based on that state's population. The number of electoral votes a particular state has is based on the number of members in Congress... every state has two senators and a varying number of representatives in the U.S. House of Representatives. Here are a few of the bigger states and their electoral vote counts: California (55), Texas (38), Florida (29), New York (29), Illinois (20). At the time of this writing, there are a total of 538 Electoral College votes of which 270 is needed for a majority and to win the presidency.
In the 2012 Presidential Election when Barack Obama won a second term over Republican challenger Mitt Romney, he did so with an electoral vote count of 332 to 206. The popular vote in that election was much closer than what the Electoral College would lead you to believe. While Obama won 61.71% of the electoral votes, his margin in the popular vote was much smaller... right around 50.5% versus Mitt Romney's 48.0% with the remaining percentage going to various third-party political parties i.e. Green, Reform, Tea, etc... The result of this election was much closer than some believed and as always the entire race came down to a few swing states like Ohio which tipped the balance in favor of the incumbent. But while the end results are clear, there was much speculation that Obama could potentially lose the popular vote and still retain office. That never came to be but it was still very close and with a few more precincts, a few more counties, a few more states, Mitt Romney could have very well taken the White House from Obama in 2012. Could have, would have, should have...
Who Can Vote In 2016?
Each state handles it's own voter's registration so we are unable to provide just one universal link that will take you to where you can register. Our best advice would be to do a Google search, or whatever search engine your prefer, for "(state you live in) voter registration" which should produce a list of links with information on where/how/when to register to vote. These should all be state-run websites. If you come across a site with a domain name such as "TennesseeVoterRegistration.com", it's probably not affiliated with the state at all. Below is a basic list of requirements that need to be met in order to register:
- Be A United States Citizen
- Be A Resident Of The State In Which You Are Residing/Trying To Register
- Be At Least 18 Years Old (some states allow early registration however voting is not allowed until 18 years of age)
- Must Not Have Been Convicted Of A Felony In Which Your Civil Rights Were Revoked
- Must Have Current & Correct Identification
Remember, each state runs it's own voter's registration so there may be additional requirements that are not listed here. Do know that you must be registered to vote for at least 29 days before you are allowed to vote in an election... so, figuring 2 weeks for processing, the cutoff to register to vote in the 2016 Presidential Election would be right around late September in 2016. Most states allow residents to get their voter's registration started online which is a real plus to making sure things are done ahead of time.
Where Can I Vote In 2016?
That information will be given to you once you have registered to vote. You will receive a voter's registration card with information about your voting precinct. And, just because you voted at a particular polling station in one election does not mean that is where you will vote for the next election. Precinct boundaries are always being re-drawn to benefit whichever party is in office so your precinct can and probably will change at some point. When it does, you will be sent a new registration card complete with your new polling information. You want to be sure to keep your address current otherwise you will probably fail to get notice of any change and be denied the right to vote if you show up at the wrong precinct. There are several resources online which can help you locate your polling station which will be made available as we approach the Presidential Election in 2016.