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2020 US Presidential Election Recap

US politics betting for all American markets. Get 2020 Election odds, including Democrat and Republican candidates, plus midterm specials and much more. US Politics odds. Smarkets betting exchange allows you to bet with the best US Politics odds - thanks to our small margins and industry-low 2% commission - on all political events such as referendums, elections, presidential primaries and party leaders.

The 2020 US Presidential Election Season is in the rear-view mirror and while it took more time than necessary for the dust to settle, Joe Biden finally officially made Donald Trump the 11th one-term President. Despite the lawsuits, the conspiracy theories and investigations, Donald Trump, who has yet to concede, and many of the 75 million that voted for him may still never accept the Election results.

The Electoral College has spoken, the swearing-in ceremonies are complete and the work to undo the damage that Donald Trump inflicted on his own Nation is underway.

Joe Biden can thank the African American turnout, the US Urban Centers, a huge number of mail-in votes and an unprecedented overall voter turnout for his big win. Trump predictably got a big swath of the vote from rural America. It remains unclear if those trends will follow us into the next Election Betting cycle or if the Donald Trump factor was a once-in-a-lifetime phenomenon.

Bettors were engaged in unprecedented fashion in 2020. Offshore sportsbooks reported a major uptick in US Election Betting from the 2016 campaign. One major British site saw a 150% increase in overall bets from 2016 with a few brave souls wagering $1 million plus on the outcome.

2016 set the standard as far as US Election popularity and 2020 blew that standard away. Now we look to the 2022 Mid-terms and the 2024 Presidential Campaign for our US Politics Betting fix. And it seems as though the Campaigns have started already.

As we look forward to the next Presidential Election cycle in 2024 – odds have already been set on who will be the Democratic and Republican Nominees. We will be there with all key political gambling markets to consider, the sites with the best and most varied betting odds on politics, betting strategies to help you succeed, and much more as we put a lid on this current Campaign and look toward the next one.

Political Odds & Betting News

Political Betting News

US Presidential Election Betting Odds

Betting on politics dates back hundreds of years. As King Edward VI of England lay dying in 1553, merchants in Antwerp were busy wagering on the disputed succession. Bookmakers in London were offering 4/1 (+400) on King George II dying on the battlefields of Dettingen after a foolhardy decision to wage war on the French in 1743. In the late 19th century, a thriving betting market on presidential elections sprung up on Wall Street.
Europe has always been the spiritual home of political betting, but it is now soaring in popularity in America. Each presidential election sets a new record in sportsbook handle, and there is serious money up for grabs if you can call it correctly.
Donald Trump was initially assigned odds of 500/1 (+50000) to win the 2016 election. That dropped to 25/1 (+2500) by the time he announced his campaign in August 2015. The odds on him emerging victorious continued to dwindle in the buildup to the election, but Hillary Clinton remained the heavy favorite, only for Trump to pull off a stunning upset. Some bettors won more than $1 million by betting on him.

On the other side of the Atlantic, bettors have recently made their fortunes by correctly predicting that Scotland would not leave the UK, Britain would leave the EU and the Conservatives would beat Labour in 2015. Betting on elections in countries like Australia, New Zealand, and Sweden is also popular.

The 2020 US presidential battle became the biggest political betting event in history. Donald Trump was perhaps the most polarizing figure ever to run for political office. His bombast and intense divisiveness were a benefit in 2016 but proved to be a detriment in 2020. We saw him start out as the favorite when the official 2020 campaign season kicked off but those odds dwindled as COVID-19 worsened and Democrats rallied to defeat the embattled President.

We now look forward to the 2024 US Election and oddsmakers have already stated compiling odds for who will be the combatants for what promises to be another political slugfest. Joe Biden, the current President will be 82 years old when that campaign comes around. There are questions about his ability and even desire to bid for another 4 years in office.

There will be more opportunities for bettors to weigh in on a host of topics, from the winner of the Presidency, to the winner of the Senate to the always-fun prop bets that became an enormous part of this political betting season. Sportsbooks will undoubtedly be covering races in other countries around the world as well.

Who will seize the opportunity will in 2024? Will there be any betting opportunities similar to the ones we saw in 2020 like President Donald Trump opening Area 51 to the public before his first term in office ends?

US Presidential Election Prop Bets

US Election Prop Bets continue to be a popular way for not only political junkies but pop-culture aficionados to get a little skin in the game.

The Presidential Debates were probably the highlight of the prop betting season. In true US Political fashion, Prop Betting season has dragged on past November 3 and is continuing even today. Prior to the 2020 vote, you could bet on Voter Turnout in the U.S Presidential Election, the percentage of Americans that would turn out and vote, Majority Control of the U.S. Senate, if Donald would get kicked off Twitter and whether or not Trump would lose every state he lost in 2016 – just to name a few.

Many sportsbooks offered odds on which candidate would carry each of the 50 states. For example, the Republicans were heavy favorites in Alabama, and the Democrats were heavy favorites in California, but it was tight in Wisconsin. You could also find prop bet options on all manner of weird and wonderful markets. There were Trump impeachment odds, and betting options on which Candidate would drop out first.

Nowadays you can bet on whether or not Joe Biden will be impeached, what year Kamala Harris will become President and whether Biden will complete his first term.

Election Prop Betting brought a little fun to what was an intense Election Season and will likely continue to be a big part of any Election campaign going forward.

Trump: +150 Biden-200

Trump: +150 Biden -180

Trump: +172 Biden -204

House and Senate Winner Odds

Control of the US House of Representatives and the US Senate became a huge part of the 2020 US Election season and will provide huge US Election Betting opportunities in less than two years. In 2020, Republicans actually picked up seats in the House but shockingly lost their long-established control of the Senate thanks to two defeats in ruby-red Georgia.

Elections have consequences and 2020’s were that Republicans’ loyalty to Donald Trump cost them control of all three branches of Government, giving Joe Biden and the Democrats a virtual rubber-stamp for any policy they want to pass.

For the Best odds on the presidential Election Visit 5Dimes.

Where to Bet on Politics

If you want to bet on politics, you need to find a trustworthy, reputable betting site that will pay you any winnings promptly. SBR has reviewed more than 1,000 sportsbooks, allowing us to identify the very best in the business. Check out our list of top sportsbooks to browse the list of sports betting sites that have secured an A+ or A rating. You can wager at any of those sites with confidence. Most offer political betting, and that trend of growing opportunities will only increase thanks to the insanity that we have seen the last 8+ years.

The online sportsbooks cited on this page are all great options. They are well-known betting sites, trustworthy and renowned for paying out on time. They offer a range of compelling sports betting and political betting markets, and some attractive odds and bonuses too.

Presidential Election Betting Tips

It helps to pay attention to what is happening in the world when betting on Elections. Donald Trump appeared to be on a path to victory at this time last year with the economy raging and everything seemingly on the upswing in the US. Political scientists have long pointed to the effects of economic performance upon major votes in countries across the globe. A failing economy is often disastrous for the incumbent.

Social unrest and COVID-19 completely changed the economic trajectory of the country and ultimately brought Donald Trump down thanks to his unwillingness or inability to deal with either. It wasn’t his bombast, his lies, or his divisive personality, it was outside factors that made him just one of 11 one-term Presidents.

That said, it seems as though political loyalties are baked into some people’s minds in the US, giving credence to the notion that it doesn’t matter to some what is going on in their country – “once a Republican, always a Republican”. If it were the case of outside forces being the sole determinant of an Election outcome, Mr. Trump would have been absolutely destroyed in November.

You should also never fear backing the underdog. Donald Trump was the underdog right up until the end in 2016 and won. In 2020 he was a huge dog and almost pulled it off.

The outsider often wins and you see headlines screaming that the bookmakers got it wrong. Yet bookmakers are not trying to predict the result of the vote. They are not pollsters. They are simply trying to make money. They will offer the most compelling odds on each candidate that they can muster, based on the volume of bets previously received on each man. Look at policies, ratings and the general mood of the country before looking at the odds. Do not be afraid of prop betting options either. Some are ridiculous, but others can be potential gold mines if you do your research.

Alternative Politics Betting Markets

You can bet on political developments taking place in a wide range of countries this year. There are key elections taking place in New Zealand, Poland, Serbia, Belize, Bolivia, Croatia, and many other countries. Sportsbooks are offering lines on the next country to leave the EU, the next country to hold a referendum on leaving the bloc, the next CDU leader in Germany, the year of the next Spanish general election, the next Pope, North and South Korea unifying as a single sovereign state, and much more. Some of these bets are designed for entertainment purposes, but you can make healthy profits if you successfully predict the outcome of political events in many countries.

Is Betting on Politics Legal?

Political betting is perfectly legal. Several US state laws now permit sports betting, and they make provisions for accepting wagers on politics and entertainment too. Betting on politics has been a prominent pursuit in Europe for hundreds of years, and it continues to grow in popularity in America. If you like betting, politics can be your savior amid the lack of sporting action currently on offer. Just make sure you find a safe, reliable sports betting site with a healthy political wagering section, and get involved in the action.

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.

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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.

Political Spread Betting

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)
Prop betting allows you to give a wager an in-depth focus on something that is on a smaller scale, making attention to detail important.

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

Political Spread Betting College Football

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.

Simply put, if you are allowed to bet sports and entertainment without consequence, the same applies when betting politics…

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.

Of course, it’s important to note we are not lawyers nor do we claim to give legal advice. For any questions about your local state laws we encourage you to seek the help of a professional in either the legal or gaming fields.

Political Spread Betting Vs

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.

Political Spread Betting Against

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.

Uk Political Spread Betting Indexes

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.

Political Spread Betting Definition

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