Political Betting Odds
Yes, there are 2020 political betting odds. While it might sound strange at first, you’ll soon come to realize that betting on the outcome of a political election is just as reasonable as betting on the outcome of a football or baseball game. Political betting odds are just another way for bettors to play.
When betting on political happenings, there are a number of things to understand. You won’t just find political betting odds on the US presidency, you’ll find odds on what color tie a candidate will wear in a press conference, or whether or not the president will get impeached before the year is out. Political betting odds come in all different forms.
This page will answer all of the questions you have when it comes to political betting odds. Whether you’re unsure of how to read these types of odds, or just want to know if it’s legal, we answer all this and more. We also go over the betting options you have available to you now, like betting on the 2020 US presidential election and wagering on European political betting odds. Just like with betting odds on your favorite team, it doesn’t matter who you’re pulling for. When it comes to political betting odds, it’s about choosing which candidate has the best payout in conjunction with what you have to risk.
Is Betting On Politics Legal?
Betting on politics is legal so long as you use an online, offshore sportsbook to do so. These online gambling platforms are regulated by the laws in their country, which means they don’t violate any federal gambling laws. Currently, there are no state laws that prevent the use of online, offshore sportsbooks, so no matter where you are located in the US, betting on politics is legal.
Betting On Politics In Las Vegas
We know that you are not going to want to hear this, but you will not be able to find political betting odds in Las Vegas. The reason is that there are actually some laws that prohibit them from offering political betting odds. There is a law in The United States that prohibits any American from betting on any elections, especially the presidential election. The reason for this is because they do not want people voting for a candidate just because they have money wagered on them. Believe me, if there were Vegas odds for the last election then there would have been some Las Vegas sportsbooks that may have even had to shut down. Why you ask? Because the online sportsbooks got killed during the last election when Donald Trump beat out Hilary Clinton.
Betting On The 2020 U.S. Presidential Election
In the digital age, you can basically find a website for everything. Including betting on the 2020 US Presidential election! Luckily for those who are politically inclined, most sportsbooks will provide lines on all of the major political happenings in the country. When betting on the 2020 US presidential election, it’s important to stick with your gut rather than who has the most favorable odds. Following the crowd, especially with political betting odds, is a big mistake. Whether it’s the 2020 presidential election you’re betting on or a European election, be sure to do a little research and go with your gut.
Who Are The Favorites To Win?
With just over three years left until the next election, there are only a few runaway favorites to win the 2020 presidential race. Below are the favorites to win the 2020 presidential election.
Donald Trump: The current US President, Oddsmakers are almost obligated at this point to back the incumbent despite his near-record low approval rating. Currently, Donald Trump’s odds to win the 2020 US Presidential election are +200.
Mike Pence: Donald Trump’s current VP and former Indiana Governor, Mike Pence's 2020 election betting odds are +600. For someone who is generally viewed as being to the right of most conservatives on a lot of social issues his odds are a bit of a surprise.
Elizabeth Warren: The senior Senator from Massachusetts Elizabeth Warren has the best odds to win the election outside of the current incumbent administration. Elizabeth Warren’s 2020 presidential election betting odds are +800.
Which Long Shots Have The Best Chance To Win?
At BetOnline, there are over 30 potential candidates who have betting odds for the 2020 presidential election. While some of these are quite favorable, we’re taking a look at the long shots here. Topping this list with the worst 2020 presidential election betting odds is Kanye West. The 39-year-old Georgia native has +15000 odds to win the election, and they don’t look like they’ll be getting any better any time soon. Following behind Mr. West are President Trump’s own daughter, Ivanka Trump, and former professional wrestler turned actor Dwayne “The Rock” Johnson. What are the Rock’s betting odds to win the 2020 presidential election, you ask? They’re the same as Ivanka’s: +10000. So, the two celebrities are long shots to be the next POTUS, but who knows. After last year, anything can happen.
European Political Betting Odds
Just as we can wager on the American Presidential election and the House and Senate Races, we can also bet on worldwide political elections. European political betting odds can be found on the same sites you use to find US political betting odds. It’s just another perk to using online, offshore sportsbooks. Their bookmakers have their hands in everything all around the world so that you will always have odds to bet on.
U.K. General Election
The UK General Election will be taking place on June 8th, 2017. Betting on the UK general election features mainly props, as the election is to fill the parliament. You’ll find odds on whether or not there will be a hung parliament, which means there’s no overall majority. Currently, Conservative MP’s have the best odds to win most parliamentary seats, at -4000. The betting odds for the UKIP and Greens are much dimmer, each coming in at +50000 betting odds to win the most parliamentary seats. You’ll also find a number of over/unders on seats won by the major parties. In the UK, the political parties are broken up into conservatives, Labour, Liberal Democrats, UKIP, and Greens.
German Chancellor Election
Germany will elect its next Chancellor on September 24th, 2017. This year’s election feature’s three candidates. Currently, the candidate with the outside chance to win the German Chancellor Election is Frauke Petry, the Chairwoman of the Alternative For Germany Party. Petry is described by many as a far-right conservative. Petry’s odds to win the German Chancellor Election are +1600. The Favorite in the election for German Chancellor is Angela Merkel. Merkel is the incumbent and is also the leader of the Christian Democratic Union. Rounding out the election is Martin Shulz. Shulz is Merkel’s main competition, as his odds to win the German Chancellor Election are much better than Petry’s at +175. Shulz is the chairman of the Social Democratic Party of Germany and former president of the European Parliament.
Russian Presidential Race
The Russian presidential race is pretty simple – Putin vs. Everyone else. Putin, as you might imagine, has a bit of an edge. Currently, if you were to bet on the Russian presidential race, you would only see odds for Vladimir Putin and the field. Putin is the overwhelming favorite at -1000. The field is +600. The election does not take place until 2018, so there is time for more people to enter the race. But this is Russia and let’s be honest, I don’t think anyone would survive running against Putin. You’ll be able to find betting odds for the Russian Presidential Race at online sportsbooks like BetOnline and Bovada.
Best Online Political Betting Sites
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Betting on elections is a great way to perk anyone up, no matter if their candidate wins or loses. But sometimes it can be hectic getting through those poll lines and then trying to get home in time to lay your bet. That’s why we recommend using Bovada sportsbook. This book has a mobile betting site that allows anyone on any operating system access their political betting odds.
At Bovada mobile, you’ll be able to bet on the election no matter where you are. So if you leave the polls and listen to exit poll interviews, you can just hop onto bovada and place your bets instead of having to wait to get home to place your bet. Bovada’s mobile betting site allows you access to everything they have, so you’ll get the full range of political props, futures, and everything else they offer. So what are you waiting for? Sign up for Bovada and start betting on elections right from your phone. Visit Bovada
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BetOnline is the place to go if you want year-round coverage on political events. Their political betting odds section is more in-depth than most, and you’ll be able to find lines on political proposition, political futures, and more. BetOnline had lines on the 2020 presidential election the day after the previous election was called.
The bookmakers at this site are some of the best. You’ll find fair lines whenever you want them. At BetOnline, you get a ton of extra perks as well as early lines on most elections. The welcome bonus alone is enough to tempt anyone – a 50% match up to $2,500 just for making a deposit. You also get access to their articles and handicapping information, which will keep you up to date on all of the political happenings. BetOnline is the best political betting site you’ll find. Visit BetOnline Sportsbook
Understanding Political Betting Odds
Political betting odds are exactly the same as any other betting odds, so understanding betting odds for politics won’t be hard. Just think of a candidate as a team rather than a person. So when you’re betting on someone like Kanye West to win the 2020 presidential election, it’s like you’re betting on the Cleveland Browns to win the 2017 Super Bowl.
Political betting odds are almost always presented in American style. This means you’ll see a candidate with a (+) or (-) next to their name and a number following the symbol. The symbol itself denotes either how much you stand to win (+) or how much you must stake (-). The number shows how much you stand to gain or what you have to stake. The payouts calculated here are based on a $100 bet.
So, an example. Vladimir Putin has -1000 odds. This means that you would have to stake $1000 to make $100. This is because Putin is considered the less risky bet. But if you have someone like Kanye West, who has +15000 odds to win the 2020 presidential election, you stand to win $15,000 just for betting $100. See? Understanding political betting odds is extremely simple.
Political Prop Bets - What You Need To Know
Some people say that prop bets are bets made by suckers. But political prop bets are bets made on suckers. You’ll be betting on things like what color tie a candidate wears to a debate or whether or not Donald Trump will be impeached before the end of the year. Prop bets can occur at any time of the year so it’s always a good idea to check this page every now and then to see if there are any new political betting odds or prop bets waiting for you to wager on. With the current political atmosphere in the US, you can bet on one thing – that there will be political betting odds on a number of propositions before this term is up. Below are some examples of political prop bets at BetOnline right now.
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