Political Spread Betting
- Political Spread Betting Meaning
- Political Spread Betting
- Political Spread Betting Definition
- Political Spread Betting College Football
Legal US online sports betting websites do not accept betting on presidential elections or any other political betting. We don’t see this situation changing before the 2024 election. Although some events during 2020 led election betters to believe this could be changing. West Virginia Election Betting. Political Spread Betting Guide Politics spread betting is becoming increasingly popular. Politics Spread Betting – price updates, a look at how the markers are moving, how to trade, which firms have politics markets etc. Spread Betting Company Reviews We have been comparing the spreads and minimum stakes offered by many of the larger firms. For Americans or anyone living in the USA, offshore betting is the only lawful option, as it is illegal for brick and mortar sportsbooks to offer any sort of politics betting. In Europe, however, this form of wagering is a well-established staple of their legalized betting culture.
While most people generally connect betting with the world of sports, the industry has gone through changes in recent years to where that notion is now changing. With the rise of social media involvement in the world of news and entertainment, certain things are being wagered that years ago never would have had a place at the betting window, such as betting on politics.
With both the political climate and gaming industry as hot as they have ever been, the two are now reflecting each other as a way for citizens to get involved in presidential races while using political betting sites to make a little money based off of their predictions.
Betting Site | Bonus | Bet Now | |
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1 | up to €30 Free Bet | Go to Site | |
2 | 22Bet | 100% up to €122 | Go to Site |
3 | 100% up to €200 | Go to Site | |
4 | 10Bet | 100% up to €50 | Go to Site |
5 | 100% up to €50 | Go to Site |
Like betting on sports, political betting has several techniques and factors that vary depending on the situation and the value that is being shopped.
Best Political Betting Sites
As one gradually becomes more familiar with the processes and underlying factors of sports wagering they will realize that being able to trust the betting website they are on is one of the most important stages.
This is where another connection to the sports world comes into play, an online sportsbook (particularly the sites we recommend) often always have political odds posted, illustrating that the bookmaking process for both sports and politics is handled by the top industry professionals.
Betting on elections outcomes has grown so much in popularity that there are even instances where political betting steals some of the spotlight from the sports world, as the appeal is generally much more widespread when compared to sports.
The two very much benefit off of each other, as online sportsbooks give political betting a forum to exist in, where as the novelty of betting on elections and politicians draws in bettors who are not sports fans and would otherwise not be on that website.
Different Types of Political Betting
Odds to Win/ Future Bet: As if you were betting for this year’s Super Bowl or Heisman Trophy winner, this type of political bet involves wagering money on a listed moneyline price off the simple premise of who will win.
- Example: Andrew Yang is +1450 to win the 2020 Presidential Election
- Example: Elizabeth Warren has +200 odds to become the Deomcratic Nominee in the 2020 Presidential Election
Political Prop Betting: Like a sports prop, these are situation-based bets that are booked based off of potential results of an outcome. A price is given for both possible results of the prop listed, with the favorite being the more likely of the two results.
Example: Will Jair Bolsonaro complete his first presidential term?
- Yes (-300)
- No (+200)
Head to Head Bet: Comparable to the most well-known type of sports wager, this political bet features two opposing sides with odds attached to each. With this, one side is booked at favorite money with the other coming back with dog money. The bettor then chooses the side they believe will win, and if successful their resulting payout will be based off of the odds that were listed at political betting sites.
Example: US Presidential Election 2020 Winning Party:
- Democratic Party (-115)
- Republican Party (-115)
Political Props
Political prop betting has seen a huge spike in interest in recent years, predominantly do to the fact that it gives people a multi-layered scenario. Much like a football game, being able to bet on a hypothetical outcome of a real life situation leads to more opportunities to both walk away with money and find leisure in your political betting. Because of this, betting props is often considered a strategy all its own.
Here are a few examples of political prop bets:
Will Donald Trump be impeached and removed?
- Before 2020 Elections- Yes (+175)
- Before 2020 Elections- No (-250)
Will Donald Trump be elected to a 2nd term as POTUS?
- Yes (-230)
- No (+160)
Who will be the Republican nominee for the 2020 Presidential Election?
- Donald Trump (-800)
- Not Donal Trump (+500)
What Political Events Can You Bet On?
Once the “why” and “how” are clarified when considering political betting sites, the “what” becomes the focus as one must shop for not only a price that interests them, but a play.
Those who feel they have a tip on the local/regional scene may be more likely to bet for smaller elections, while the 2020 Presidential Election is going to be played more casually and frequently, especially as the race gradually tightens. Here are a few examples:
US Presidential Election
The most popular election to bet, odds are frequently posted and changed as stock for candidates rises and falls throughout the race. Handle naturally increases closer to election season when candidates become more solidified and political betting season is in full swing.
The 2020 Presidential Election currently has action on various political betting sites and will add more situational props and altered odds as the election gets closer. There have already been several odds changes due to debate performances, public reception, and late entries into the race.
US Congressional Election
Not as popular on the political betting spectrum, there is still occasional handle that pours in for these. Those who are politically informed often have the know-how to handicap these less popular but still highly important, elections. Given how these are dependent on the state itself, Congressional Election bets are far more regional than national, as they lack the appeal of the betting on the Presidential Election.
The 2020 Congressional Election will see increases in action as the public grows more in tune with the House of Representatives nominees, but for now, value will be harder to find and odds will not be as sharp in lieu of the more popular Presidential Election.
Other Examples of Political Betting:
- British Parliament Election
- Referendums (Example: Brexit)
- Australian Parliament Election
- London Mayoral Election
Is Betting on Politics Legal?
Yes, it is allowed, regulated, and now live in many places. For United States residents, the safe political betting sites that we endorse are trustworthy, tested, and legal.
Depending on your location, you may not have the ability to place a bet on websites that are owned and operated by land-based sportsbooks, as the legalization of sports betting is state-based.
However, this has to do with the operation of the sportsbooks themselves, not any potential customers. So even if gambling is not legalized in your jurisdiction, that does not mean you can not make a bet online from the comfort of your home, regardless of location. This convenience is a big reason why mobile betting apps have exploded in popularity in just the past few years.
If the proper precautions were taken (making sure you signed up for a trustworthy site, have confirmed money in your account, etc…), you will have the green light (barring any technicalities) to bet without legal concerns, as the top political betting sites we utilize are not in the United States, making state-by-state control irrelevant.
Political Betting vs Other Types of Betting
There are parallels with betting politics and sports just as there are connections all throughout the gaming world.
As one becomes more informed and experienced however, noticing key differences becomes much easier. 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. The election of a president for example is a selective process, while a football or basketball game is not up to a vote by the population, but determined by athletes competing against each other with the intention of winning.
This is why when wagering sports, the concept of betting strategy becomes a thing of great importance and pride, as bettors often believe their strategic methods lead to a winning formula.
This takes a back seat in political betting. Yet, the baseline knowledge and the application of it in terms of making a bet are still very similar in sports and political betting.
This is why if a patron can grasp the simple concepts of odds and what purpose they serve, they will be able to crossover between sports, politics, and other fields pretty smoothly assuming that the knowledge and desire to bet are there.
Frequently Asked Questions
Can You Really Make Money Betting on Politics?
Yes, if you time it right. There are enough bets posted to where a patron can clean house if they have handicapped the odds correctly. However, unlike sports, politics operates on a far more time-sensitive basis as there are only certain points in the calendar year where it holds relevance.
So in order to make money you must pick your spots wisely and understand the concept of value. If these are understood by the bettor, then money can consistently be made as at that point it is just applying basic gambling principles to a different topic.
How Do I Know if a Political Betting Site is Shady?
In the same way you can tell a sports gambling site is shady. At the end of the day, the bookies posting action on politics are the same people booking sporting events, so their business models and practices will very much be identical, especially when you consider that the majority of the best political prices are found on online sports betting sites.
How Can I Place a Bet Right Now on Donald Trump to Be Impeached?
A play like this serves as a type of prop bet that is found on many of the online political betting sites we have tested. In order to place money on it, make sure you have an account on the website of your choosing and have deposited your money.
As long as these boxes are checked, you will then have the freedom to bet on the aforementioned prop and several other president-related specials currently available. This prop is specific to current headlines in the news cycle, so availability of props bets like this is very much dependent on the individual who is being booked in said bet and what they’re currently dealing with. As shown earlier, this exact prop is currently on the board at MyBookie.ag.
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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
Political Spread Betting Meaning
- 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
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
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.
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.
Political Spread Betting
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.
Political Spread Betting Definition
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
Political Spread Betting College Football
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.
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.
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.