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For instance, the recent midterm elections had Republicans favored to take both houses of Congress, which they did. The next midterms may be reversed. Governorships and even council members are always hot-button items on the betting circuit. You can find a range of different political lines on which to bet. You can also find prop bets, which will include things like the gender of the winner, the party of the winner, a clean win vs.
If it's part of politics, then there's undoubtedly a sportsbook out there with a betting line on it. Though the selection of betting options surrounding the Presidential race will change as the election nears, we thought we would provide some information concerning the types of bets that are most commonly available to you.
You are not limited to solely predicting the overall winner as there are betting lines and odds for a variety of aspects pertaining to the election's progress leading up to the final results, as well as specific prop bets concerning details of the circumstances of the race, such as gender and party results. Keep in mind that these options are the most common ones offered, but that political betting lines and odds vary from site to site.
Odds for winning the Presidential Primary — this type of betting line will allow you to bet on who will win the nominations in the primary for each party. If you are participating early in the process and are placing a futures bet, your range of options may include individuals who have not yet announced their candidacy but that are active in the political landscape and are considered potential candidates.
The closer you get to the actual election, the more accurate your list of options may be. However, keep in mind that the futures bets can pay off big if you guess correctly. Odds for Winning the US Presidential Election — Obviously, this type of betting line will concern the overall winner of the election.
You will typically have a variety of associated lines, including the following:. Odds for who will win the Presidential Election Odds for which party will win the Presidential Election Odds for which gender the winner of the Presidential Election will be Odds for the gender balance on the Presidential Tickets — this line is sometimes broken down by party affiliation, but not always.
Hillary selected Tim Kaine as her vice president nominee. Odds For Winning a Specific State — This type of betting line predicts the winner of influential swing states. For example, the Iowa Caucus odds start surfacing very early in the race. Other states are added closer to the actual election. Winning the electoral votes in an influential state can make or break the election, hence these betting lines are particularly exciting and can determine the outcome of the election.
The results of swing state Electoral College votes can be unpredictable, as we saw in when Obama took Florida despite the fact that Romney was the favored candidate to win the Sunshine State. Odds For Winning the Popular Vote — Once the candidates have been selected, you will find more betting types added to the line up, such as betting on who will win the popular vote.
Though it has no bearing on the overall election, political aficionados enjoy betting on who will win the popular vote. There are times when the winner of the popular vote is not elected as President. The popular vote can be unpredictable, making it a very exciting wagering option.
This type of option typically does not appear in the lines until about a month or two out from the actual election. Electoral College Count - You will find that your range of wagering options for these lines increases after the candidates are selected and the election is approaching. In this type of political betting line you are predicting whether a candidate will receive more or less Electoral College votes than predicted.
Prop Bets - Some of the sportsbooks now offer some interesting prop bets for the election. At Betonline they offer some matchups that work similar to a quinella in horse racing. One of the most amazing things about President Barack Obama's election in was that no one had really heard of the man in A junior Senator with an iffy record of no-votes and voting "present" on big issues, even those getting to know him didn't think he had the political chops.
However, democracy proved what democracy is, in that experience counts for next to nothing when you're a popular, charismatic figure. The people spoke, the people voted, and President Obama is almost finished with his second term in office. Who actually saw that coming? Very, very few saw it coming. But for those who did, they may have cleaned up tremendously by betting on Obama.
That's right; you can actually place political bets and win money on different political elections. The beautiful irony here is that it's actually politicians who seek to make gambling illegal across the nation, yet one of the most lucrative lines of betting is to wager on their elections and futures. Some may consider that to be very fitting, given the duplicitous, snake-like nature of many of these political buffoons.
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. The American public and the International audiences have all been much more involved with this election than any other in 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 Presidential election as well as information on legally licensed and regulated sportsbooks that accept bets placed by US residents.
We will provide brief bios on each relevant candidate running for president, as well as valuable information about political betting options for the election cycle.
Lastly, we provide a listing of recommendations for legally sanctioned online sportsbooks that are legitimately licensed to provide wagering options to US citizens. This remains to be seen as nobody has actually started their presidential campaign. The moment candidates start officially throwing their hats in the race — we will update this guide accordingly.
Vegas odds on the presidential election have been a highly sought after commodity this year, and as the November 8th Election Day nears, gamblers are becoming even more active in political betting lines.
Political wagering involves unique nuances and distinctions that other betting venues do not touch on, and taps into a very personal and emotional segment of wagering experiences for American gamblers. Never before has a United States presidential election been so volatile or included such controversy.
Record breaking early voting statistics are both a result of the most dramatic presidential election in American history and an influencer in the odds.
Following are some of the most frequently asked questions concerning the Vegas odds on the presidential election and how pparticipating in this popular trend that is taking the gambling entertainment industry by storm.
With President Trump eyeing reelections in and the economy booming, the odds of a Republican candidate winning the primary over Trump is far less than likely. However, oddsmakers are keeping Mike Pence on their radar as the most likely Republican to win the Presidential ticket besides President Trump. Although he vehemently denies the possibility of running in , his odds remain favorable. He argues that a Republican should against the President in Although he has not said he will run, he has not ruled out the possibility.
In his first solo political appearance in New Hampshire, the state expected to host the first presidential primary election for , Senator Flake says he will run against the President as a Republican or as an independent if no one else does.
Ohio governor John Kasich may also place a Presidential bid for As he informally surveys donors, stacks his schedule with frequent trips, and works closely with advisors, many commentators keep a close eye on him possibly running against President Trump. However, if he does run, he plans to target a broad audience.
As nears, Kasich watches President Trump and the political climate closely before making his decision. Check out our page offering the latest odds to win Republican nomination. This is because the range of deadlines for entering the race varies from state to state, and runs as late as May in some areas. At some gambling sites, the betting odds will often cover people who are popular among their constituent base and could potentially join the party late in the game. The closer we get to the election, the more refined the vegas odds coverage will become.
For those who took a chance on futures bets early in the process, you probably want to closely watch how the lines and odds begin to evolve as we inch closer to the primaries. Betting on politics, including the presidential election, affords gamblers a nice, wide range of options to choose from. You can choose to simply bet on the outcome of the election, or to really get into it and take advantage of the creative lines and prop bets that you find the closer you get to the elction.
For those of you who may never have participated in any type of political betting entertainment before, we have provide a look at the most commonly offered bet types and lines so that you have a clear understanding of how they each work. Some of the categories you will find in election betting lines include placing bets on the outcome or the primaries, the presidency, the popular vote, and even some prop topics such as gender.
Each of these categories has a variety of lines associated with them. You will see the options change periodically as we lead up to the election, with some bets not becoming available until a few days or weeks before the election. Obviously, these bets will have to do with the overall winner of the election based on the Electoral College and not the popular vote. You have straight bets for who will win the election, which party will win the election, which gender the winner will be, and even sometimes what the gender balance of the final ticket will be.
Options will vary from sportsbook to sportsbook. Among these lines, there are also varying bet categories. Two popular categories include:. Handicapped electoral vote count: This bet will involve beating a spread in regards to the number of electoral votes, which is based on the Electoral College structure within the election process.
In this type of bet, you are trying to determine if a candidate will come in over or under a specific number of predicted votes. Lines covering the primaries will be offered for each party represented in the election. You are betting on who will win the nomination from each political party. These lines can see the same type of variety as the scenario above.