Bet On Political Outcomes
- Political Bets Website
- Bet On Political Events
- Online Political Bets
- Political Bet Site
- Betting On Political Outcomes
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.
Unlike a traditional straight-up sports bet where there would be a clear favorite and underdog, political betting is a little different. Normally, faves would be represented with the minus sign (-) and dogs with the plus sign (+). In this case, the politician with the lowest odds would be the front-runner. In political betting, less focus is placed on past results and more emphasis based on a candidate’s realistic chances. This is due to the fact that it is hard to create a winning formula for something that is heavily based off of subjective opinion. GOP Nomination 2024 GOP Nominee for the Presidential election to be held on Nov 5 2024. $4,212,319 bet so far. Political prediction markets are exchanges where the public can buy and sell shares tied to the outcome of an election or other political event. They are generally real money markets, with the price of shares determined by demand. The validity of political prediction markets is.
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
| Site Name | Current Bonus | U.S. | Visit Site |
|---|---|---|---|
| 50% Max $250 | Visit Site Review | ||
| 2 | 50% Max $1,000 | Visit Site Review | |
| 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:
Political Bets Website
- 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?*
Bet On Political Events
- 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
Who will CNN say won the first debate?*
- Donald Trump +400
- Joe Biden -700
Who will FOX News say won the first debate?*
Online Political Bets
- 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
Political Betting News
GA US Senate Odds Predict Warnock Victory, Close Race Between Ossoff & Perdue
Betting on political election outcomes has always been prevalent around the world, especially in...
Mitch McConnell Acknowledges Biden Victory As Prop Bets Predict Trump’s Future
Betting on political election outcomes has always been prevalent around the world, especially in...
Sportsbooks Post Political Prop Bets For Who Trump Will Pardon Before January 20
Betting on political election outcomes has always been prevalent around the world, especially in...
Largest Single Sportsbook Take Or Loss In History Hangs Upon Trump Or Biden Winner
Betting on political election outcomes has always been prevalent around the world, especially in...
Democratic Party Braces For Victory As Oddsmakers Indicate Biden Presidential Win
Betting on political election outcomes has always been prevalent around the world, especially in...
Many people might not think that a lot of people bet on political events and outcomes and that it’s a complete waste of time. What many don’t know, is that there is much money to be made in the increasingly large world of political betting. Bookmaker online and around the world have added political betting markets due to its popular demand.
Because there is always some sort of election or congressional nomination going on in the world bets are pretty popular. The most popular of these bets is the US Presidential race that in the past few years has been tight. The great thing about online sports books is that not only can you bet on your favourite politicians but you can also bet on outcomes around the world. Below we will discuss the different odds and betting types for political betting and go through some examples of each. First, let’s take a look at the best websites for betting on the political events, including the US presidential election.
Political Bet Site
Terms & Conditions: T&Cs Apply. Full terms apply.
How To Bet On Politics
When it comes to betting on politics, there’s really only two types of bets you can make including the straight up and money line bets. Since the scope of politics is narrow in comparison to other sports you will see most bookmakers only offering these two types of bets which we’ve outlined for you in detail below.
- Straight Up Bet: The straight up bet is usually the most common type of bet that one would place when betting on politics. This bet is basically a wager on who will win a certain election or riding. The odds would be given to each candidate before the end of the elections and its up to you to bet on who wins. The favourite to win will have lower odds and the underdog will have higher odds. An example of this is during the 2010 US Presidential race Barack Obama had odds of 2:1 which meant that for every dollar you put down you would get $2 back. As for Senator McCain, his odds were 4:1 so that every dollar wagered to win would result in $4 back. McCain had a chance to win but Obama was the favourite and paid less.
- Money Line Bets: Another type of bet is a money line bet which is a wager on how much a certain candidate would win by. For example using the 2010 US Presidential race, if one was to wager that Obama would take at least 50% of all the states that would be considered a money line bet. These bets are quite fun as you can bet straight up on one candidate and bet on if another candidate would take a state.
Betting On Political Outcomes
Major Political Elections
- Presidential Elections (US): this election is probably one of the most popular and most watched across the globe. The person that takes office is usually considered one of the most powerful people in the world. There is a lot of excitement surrounding the primaries and the final election between the two parties in the US. This is also a great time for bettors to make wagers as it adds to all the excitement. The elections happen every 4 years and occur in October/November, with the winner being elected President of the United States and moving to the White House.
- Congressional Elections: Not all sports books carry these elections but Congressional elections are also very popular to bet on in the US. Certain races like the governor of California (Arnold Schwarzenegger) were very highly covered and many sports books placed bets.
Tips for Political Betting
The best way to become really good at betting on politics is to become very good at predicting the popularity of each candidate. External factors that come into play are scandals and death which are really hard to predict. The leading and most popular candidate can change from day to day and this was evident in the US primaries where Obama beat out Hilary Clinton. Many people had their money on the Hill Dog as the one to win it. Political bettors also must keep abreast of the so called “temperature” of a candidate as they are running for office. Politics is very dirty and ruthless and it all depends on the image of the person running and they have to be squeaky clean in order to pass through popular opinion.
The best way to keep track of your lucky candidate is by using the internet. It is one of the best ways to have instant updates on your candidates and their competition. Usually when information is leaked its on either a blog or a very big internet site. News programs such as CNN and others are great for keeping track of up to date facts and have great access to public opinion polls. Using these types of media will not always help you pick a winner but it will give you the most up to date standing of each of you candidates. The online sports books will usually offer the best odds on the underdog candidates. For bettors looking for more risk and a higher payout will like to bet on the underdog.