Political Betting App
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Donald Trump has declared himself the winner of the 2020 presidential election and called for "all voting to stop" in remarks delivered live from the White House on ..
*Political Betting Apps
*Political Betting Usa
*Political Betting Website
*Good Betting Apps
*Political Betting App
In the sport betting category’s increasingly crowded battle for customer acquisition, FOX Bet found a new weapon in 2020: politics. The company’s free-to-play Super 6 prediction app created contests for the presidential debates last fall, drawing over a million entrants across two nights and posting its best download day of the year on the. “Political betting is one of the fastest growing betting markets in the world. As of right now, billions of dollars will be wagered on the coming 2020 presidential election.” — @blakefleet.
Donald Trump has declared himself the winner of the 2020 presidential election and called for "all voting to stop" in remarks delivered live from the White House on election night.
The betting agencies are providing huge clues about the election result. Picture: Michael Ciaglo/Getty Images/AFPSource:AFP
A bookmaker has declared a Joe Biden victory, already paying out on bets for him to become the next US President.
Sportsbet tweeted the announcement just after 11am Australian time, even though the election is yet to be officially called by anyone.
The betting agency has paid out $23 million on election bets, but says it is still taking bets on who will win the presidential race.
The betting site had Biden at $1.10 and Trump at $6.50 but odds has been shifting dramatically over the past 48 hours.
Just yesterday afternoon, there was a huge swing to Trump, whose odds plummeted to a narrow $1.22.
But this morning, things wildy swung back in favour of Biden as the race narrows in key battleground states.
This is how Australian bookies were tracking this morning. Basically, it means for every $1 you put on that candidate, you would get the below in return if they win.
HERE ARE THE LATEST ODDS AT 2:30PM:
• Biden: $1.14
• Trump: $5.50
• Biden: $1.11
• Trump: $5.80
• Biden: $1.11
• Trump: $9.40
• Biden: $1.10
• Trump: $6.50
• Biden: $1.10
• Trump: $6.00
Scroll below to see how they compared to last night.
Joe Biden is firming up in betting odds to become the next president as polls close in the US election. Picture: Jim Watson/AFPSource:AFP
In 2016, Trump was $2.35 before markets closed ahead of the election.
Biden’s highest price was $26 in February this year.
The US election has been so popular for TAB that it will hold more money for the historical event than the AFL or NRL Grand Finals and it’s the same situation for Sportsbet.
RECORD BREAKING BET
Over in the UK, a British businessman is so confident Trump will win that he has placed a record breaking bet on the president staying in the White House.
The mystery former banker used private bookies registered in the Caribbean to place a bet of $5 million ($A6.97m), with odds of 37/20, on Trump’s win, according to The Sun.
If he is successful, the businessman could be taking home almost $15 million ($A20.9m).
A betting industry source told the publication the bet was believed to be “the biggest ever made on politics”.
While most indicators predict a Biden victory, if 2016 taught us anything, it’s that there’s no such thing as a shoo-in.
There has been a huge rush in bets on the US election, providing some major clues about what to expect from one of the most crucial votes in recent history when it comes to the polls – and the betting agencies.
WHAT DID THE POLLS SAY?
On election eve in the US, there had been a flurry of last-minute polling, with the Des Moines Register poll showing Trump beating Biden 48 per cent to 41 in Iowa – a massive swing from its previous survey, which had the race tied.
A poll of New Mexico from The Albuquerque Journal, which showed Mr Biden winning 54-42, was in line with the conventional wisdom that New Mexico was a little too Democrat-leaning these days to be considered a proper swing state.
The latest batch of New York Times/Siena polls covered four different states. Those polls showed Biden up 49-43 in Arizona, 52-41 in Wisconsin, 47-44 in Florida and 49-43 in Pennsylvania.
An EPIC-MRA poll of Michigan had the Democrat leading 48-41. Another, conducted by St Pete, showed him winning Florida by a razor-thin 49-48 margin. And finally, a pair of ABC News/Washington Post surveys had Biden up 51-44 in Pennsylvania, but Trump winning Florida 50-48.
RELATED: Biden’s long fight to take on Trump
The odds are in Joe Biden’s favour. Picture: Drew Angerer/Getty Images/AFPSource:AFP
RELATED: How mail voting works in the US
WHAT ARE THE ODDS?
Democratic hopeful Joe Biden has been the clear favourite across the major betting sites in the lead-up to the election.
But as the vote continued into the night, odds switched back in favour of Donald Trump.
Many believe betting odds offer a more accurate election prediction than polls, as people have invested their own hard-earned cash in the outcome.
These were the odds according to some of the major betting agencies, as of November 4 at 6.30pm, so you can see how much they’ve shifted.
• Biden: $3.20
• Trump: $1.34
• Biden: $3.20
• Trump: $1.34
• Biden: $1.45
• Trump: $3
• Biden: $2.88
• Trump: $1.36
• Biden: $3.10
• Trump: $1.33
PUNTER’S STUNNING $130K GAMBLE
A record number of bets have already been placed on the US election – but one cocky TAB punter shocked betting pros by laying down $130,000 on a Biden win.
The unnamed gambler bet the staggering pile of cash at odds of $1.57 this week.
Other big recent bets include $100,000 at $1.56 on Joe Biden and $40,000 at $2.50 on Donald Trump.
DIFFERENT BETS YOU CAN MAKE
All eyes are on the big one – whether it will be Joe Biden or Donald Trump in the White House for the next four years.
But there are also a string of other bets on the table, including the number of electoral college votes each candidate will receive, who will win the popular vote, the state electoral college winner, the state margin, seat margin, US Senate winner and many more.
For example, Trump is paying $4.50 to win the popular vote compared to Biden’s $1.18 (the candidate to get the most votes across America).
In 2016, Ms Clinton won the popular vote but still lost the election.
RELATED: Why Americans don’t want to vote
Will US President Donald Trump manage to pull off another miracle? Picture: Brendan Smialowski/AFPSource:AFP
RELATED: America’s confusing voting system explained
ODDS BEFORE 2016 ELECTION
When Donald Trump took on Hillary Clinton in the 2016 election, it wasn’t just the pollsters that got the outcome disastrously wrong – the betting sites also incorrectly predicted a Clinton victory.
In fact, Irish bookmaker Paddy Power failed so spectacularly it ended up with a £4 million ($A7,399,793) bill after prematurely paying out £800,000 ($A1,479,958) to those who had backed Clinton ahead of Trump’s shock win.
According to OddsShark, Trump’s odds to win the 2016 election were close to 5-to-1 on election day eve and over at TAB, Trump was $2.35 before markets closed ahead of the 2016 election.
HOW TO BET
Betting on political elections is very much illegal in all 50 states in the US.
However, the same rules don’t apply in other countries, which means betting agencies based in Australia, the UK and other nations are open for business, with most companies allowing punters to place a bet online.
According to Fortune, gambling insiders are expecting the previous record set in 2016 to be broken again this year, with some bookies expecting the election to be even bigger than the Super Bowl where betting in concerned.
2020 Presidential Election Update (11/4): Currently, it looks like Joe Biden is in the driver’s seat to win the 2020 Presidential election, and he was the betting favorite to do so. You can still bet on Biden vs. Trump at the top political betting sites, and there are also odds available for several contested swing states. However, even after all the votes are in, you’ll still likely find a lot of betting lines for props having to do with election recounts, legal challenges, and more. This promises to be the most contested election in history.
Political betting odds are not solely available just for the major elections. Whenever any US politician for either the Republicans or Democrats (or any third party) runs for office, delivers a speech, participates in a debate, or attempts to pass a bill or mandate, oddsmakers waste no time posting a variety of betting odds surrounding these events. Odds also emerge for political outcomes such as government shutdowns and scandals and the like.
Betting on these kinds of events is growing tremendously in popularity, providing great opportunities for those who follow politics and want to have (even more) skin in the game. And while Presidential election cycles and midterms generally garner the most betting action, more and more online sportsbooks are starting to offer year-round odds, even in political “off-seasons.”
With things reaching a fever pitch as they did in anticipation of the 2020 Presidential election, the contentious primary season and various global issues permeating the mainstream media were perfect fodder for sportsbooks to ramp up their offerings. Below, you’ll find our recommended election betting sites, legal information on the political betting market, and a guide on how to wager on politics in the United States.
**Coronavirus Update: The Coronvirus pandemic most certainly affected the 2020 Presidential election in several different ways, including the political betting landscape. The odds fluctuated in response to how each candidate positionined themselves in regards to the situation, with President Trump’s odds for re-election changing dramatically.
There were also new betting odds surfacing relevant to COVID-19 and its reach into politics, which you can review with our page dedicated to covering the impact that the Coronavirus pandemic on the 2020 Presidential election.The Best Online Political Betting SitesSportsbookBonusRatingUSAVisit SiteReview50% Max $250Visit SiteReview50% Max $1,000Visit SiteReview100% Max $1,000Visit SiteReview100% Max $300Visit SiteReviewPolitical Betting Guide MenuHow Do I Bet On The Presidential Election?
For online betting markets, 2020 election numbers are shaping up to be record-breaking, as it’s the most anticipated and crucial US election of all time. You can bet on 2020 election action at legal offshore sportsbooks, all of which have odds and lines on every aspect of the race, from election winners and political props to state odds, debate props, and more.
For those interested in learning how to bet on 2020 Presidential election odds and future elections, our brief guide explains the entire process quickly and succinctly – unlike the bloviating politicians you’re used to. Best of all, when you’re done, you’ll understand every betting line on Presidential elections and other aspects of political gambling, and you’ll be able to boost your bankroll before the next candidate takes office and raises your taxes.Is Election Betting Legal In The US?
Yes, it is, depending on where you place your bets. When it comes to how to bet on election results for the presidency, it’s actually very simple. The only real hurdle is that no US-based betting outlet – whether land-based or online – actually offers political odds of any kind. In fact, in most US states, it is expressly illegal for local sportsbooks to host political betting odds.
Thus, for those looking for election betting odds or lines for any other political race, legal online sportsbooks operating outside of the United States are a necessity.
Legal offshore sportsbooks offer Presidential betting odds and other election actions legally and safely because the federal government does not bar individuals from gambling with overseas operators. Only two US states place restrictions on internet betting, Connecticut, and Washington, though these restrictions remain unenforced as of this writing. The political betting sites we recommend have legitimate licenses, are regulated in their own home countries, and they accept US residents aged 18 and up.How To Bet On Presidential Election Outcomes
Before you learn how to place a political bet on the 2020 Presidential election or any other political outcome, you will have to make sure you understand a few things.
First and foremost, you must sign up at a legitimate, trusted election betting site like those in the table above. After that, betting odds on election results will be available to you at the sportsbook of your choice. Still, before placing a wager, you need to make sure you know how to read the betting odds.
Finally, you should have a solid strategy in mind before you simply start betting all slick willy-nilly. For further information about the sportsbooks listed above visit our online sportsbook reviews page where we discuss each site in detail outlining the best and worst features of each USA accepted sportsbook.
As with elections, the point of betting is to win, and these are the ground rules for your ground game on the campaign trail. Follow our instructions and advice, and you’ll be polling at the top – and pulling in top dollar – in no time flat!Signing Up At An Election Betting Site
Before you can place a bet on Presidential election outcomes, you will have to sign up at a sportsbook that offers election odds. This is easy enough, and the process takes just a few minutes:
*Visit any top online sportsbook listed above through the link provided.
*Once at your chosen site, find the “Join” or “Sign Up” button, usually in the top right of the screen. Click or tap this.
*Now, you will be asked to type in your credentials, including your name, email address, phone number, an account nickname, and the desired password. Please use real, verifiable information, as you will not be able to collect any payouts otherwise.
*After this, the next screen will ask you to select a deposit method. Most international election gambling operators accept a wide variety of payment options (Visa, Mastercard, bank wire, money order, etc.), but we recommend Bitcoin or another supported cryptocurrency, as these come with the best bonuses and are the only ways to claim same-day payouts.
*Select an optional deposit-match bonus to boost your bankroll.
*Place your bets and wait for election day!
That’s all there is to it. However, please be aware that only crypto, credit cards, and debit cards will process instantly. If you wish to use any other deposit method, you must be prepared to wait between 2-5 days before your account will be credited with funds.
Also, you do not have to make a deposit when signing up (you can skip Step 4 above), but you won’t be able to bet on US elections until you do.How To Read Presidential Betting Odds
All Presidential election odds for 2020 (and every other race) are predicated on the American moneyline. The moneyline can be viewed as a wager’s “price tag,” and it allows you to see the exact risk-to-reward ratio for any wager on the books.
A negative moneyline indicates the favorite (or, in a list of futures, the lowest positive moneyline indicates the favorite). For pricing purposes, the negative number shows how much money you must wager in order to win $100.
Blackjack online multiplayer. The positive moneyline typically shows the underdog (or underdogs, in a futures bet), and the number indicates how much money you stand to win on a $100 bet.
Note: While the moneyline is based on $100, this does not represent a betting minimum. All the top US election betting sites accept wagers of as little as $0.50 to $1.00. Remember, the moneyline is a ratio to show you how much you stand to win on a given wager, and nothing more.
*Example 1: US Presidential Election Winner
*Joe Biden -150
*Donald Trump +150
*Kanye West +10000
The above shows that Joe Biden has the best odds to win the White House. At -150, you’d have to wager $150 in order to win $100. Meanwhile, the Trump odds (+150) show that you will win $150 with a $100 wager should the incumbent be reelected.
There may be many more candidates beneath the main-party nominees, like Kanye West. Here, West is a +10000 dog, which means that a $100 wager would pay out a whopping 10 grand if West wins the election.
*Example 2: Which candidate will win the Pennsylvania electoral vote?
*Democrat -220
*Republican +240
In this betting line, the Democrats are heavy favorites to win PA, and you’d have to pony up $220 to win $100. On the other hand, the GOP is a big underdog, and the payout is $240 for a $100 wager. Underdogs always payout better than favorites.
*Example 3: How many times will “Russia” be mentioned by candidates in the first Presidential debate?
*Over 9.5 Times -110
*Under 9.5 Times -110
Here, you’re betting on the total number of times that all candidates will say the word “Russia” on the debate stage. If the word is uttered 10 times or more, the over bet wins, while if it’s said fewer than 10 times, the under bet wins.
The payouts are the same for both outcomes, showing that you must risk $110 to win $100. The difference is kept by the sportsbook as “juice” or “vig” (aka “vigorish”). This is how sportsbooks make most of their money.
There are many more kinds of wagers you’ll come across when browsing the betting odds on 2020 election results (see below), and the above hypotheticals simply illustrate how the moneyline works.US Election Bet Types
When you come across any 2020 Presidential election betting odds online (or any odds for upcoming elections in general), you will likely find a number of different wager types available. Most of these should be familiar to you if you’ve ever bet on sports, but for those new to Presidential election betting markets, the following wager types are going to be the most popular and prominent. All of them fall within the larger categories of futures and proposition bets.Political Futures Bets
Political futures are the most common kinds of odds you’ll see when you bet on Presidential election action, as these concern the outcomes of the races themselves. They’re called futures odds because they are wagers on events that will happen in the future, and you can put money on these lines several weeks, months, or even a year or more out from the elections themselves.
From candidate odds to win primaries and generals to VP selection odds and more, futures are where the big money is in political betting. These are very volatile, as well, as the events of any given day can crater a candidate’s odds or send them sky high like Air Force One.Political Prop Bets
Political prop bets, or election props, are wagers that deal with ancillary or tangential issues not related to actual election outcomes. Props run the gamut, with popular 2020 election betti
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Donald Trump has declared himself the winner of the 2020 presidential election and called for "all voting to stop" in remarks delivered live from the White House on ..
*Political Betting Apps
*Political Betting Usa
*Political Betting Website
*Good Betting Apps
*Political Betting App
In the sport betting category’s increasingly crowded battle for customer acquisition, FOX Bet found a new weapon in 2020: politics. The company’s free-to-play Super 6 prediction app created contests for the presidential debates last fall, drawing over a million entrants across two nights and posting its best download day of the year on the. “Political betting is one of the fastest growing betting markets in the world. As of right now, billions of dollars will be wagered on the coming 2020 presidential election.” — @blakefleet.
Donald Trump has declared himself the winner of the 2020 presidential election and called for "all voting to stop" in remarks delivered live from the White House on election night.
The betting agencies are providing huge clues about the election result. Picture: Michael Ciaglo/Getty Images/AFPSource:AFP
A bookmaker has declared a Joe Biden victory, already paying out on bets for him to become the next US President.
Sportsbet tweeted the announcement just after 11am Australian time, even though the election is yet to be officially called by anyone.
The betting agency has paid out $23 million on election bets, but says it is still taking bets on who will win the presidential race.
The betting site had Biden at $1.10 and Trump at $6.50 but odds has been shifting dramatically over the past 48 hours.
Just yesterday afternoon, there was a huge swing to Trump, whose odds plummeted to a narrow $1.22.
But this morning, things wildy swung back in favour of Biden as the race narrows in key battleground states.
This is how Australian bookies were tracking this morning. Basically, it means for every $1 you put on that candidate, you would get the below in return if they win.
HERE ARE THE LATEST ODDS AT 2:30PM:
• Biden: $1.14
• Trump: $5.50
• Biden: $1.11
• Trump: $5.80
• Biden: $1.11
• Trump: $9.40
• Biden: $1.10
• Trump: $6.50
• Biden: $1.10
• Trump: $6.00
Scroll below to see how they compared to last night.
Joe Biden is firming up in betting odds to become the next president as polls close in the US election. Picture: Jim Watson/AFPSource:AFP
In 2016, Trump was $2.35 before markets closed ahead of the election.
Biden’s highest price was $26 in February this year.
The US election has been so popular for TAB that it will hold more money for the historical event than the AFL or NRL Grand Finals and it’s the same situation for Sportsbet.
RECORD BREAKING BET
Over in the UK, a British businessman is so confident Trump will win that he has placed a record breaking bet on the president staying in the White House.
The mystery former banker used private bookies registered in the Caribbean to place a bet of $5 million ($A6.97m), with odds of 37/20, on Trump’s win, according to The Sun.
If he is successful, the businessman could be taking home almost $15 million ($A20.9m).
A betting industry source told the publication the bet was believed to be “the biggest ever made on politics”.
While most indicators predict a Biden victory, if 2016 taught us anything, it’s that there’s no such thing as a shoo-in.
There has been a huge rush in bets on the US election, providing some major clues about what to expect from one of the most crucial votes in recent history when it comes to the polls – and the betting agencies.
WHAT DID THE POLLS SAY?
On election eve in the US, there had been a flurry of last-minute polling, with the Des Moines Register poll showing Trump beating Biden 48 per cent to 41 in Iowa – a massive swing from its previous survey, which had the race tied.
A poll of New Mexico from The Albuquerque Journal, which showed Mr Biden winning 54-42, was in line with the conventional wisdom that New Mexico was a little too Democrat-leaning these days to be considered a proper swing state.
The latest batch of New York Times/Siena polls covered four different states. Those polls showed Biden up 49-43 in Arizona, 52-41 in Wisconsin, 47-44 in Florida and 49-43 in Pennsylvania.
An EPIC-MRA poll of Michigan had the Democrat leading 48-41. Another, conducted by St Pete, showed him winning Florida by a razor-thin 49-48 margin. And finally, a pair of ABC News/Washington Post surveys had Biden up 51-44 in Pennsylvania, but Trump winning Florida 50-48.
RELATED: Biden’s long fight to take on Trump
The odds are in Joe Biden’s favour. Picture: Drew Angerer/Getty Images/AFPSource:AFP
RELATED: How mail voting works in the US
WHAT ARE THE ODDS?
Democratic hopeful Joe Biden has been the clear favourite across the major betting sites in the lead-up to the election.
But as the vote continued into the night, odds switched back in favour of Donald Trump.
Many believe betting odds offer a more accurate election prediction than polls, as people have invested their own hard-earned cash in the outcome.
These were the odds according to some of the major betting agencies, as of November 4 at 6.30pm, so you can see how much they’ve shifted.
• Biden: $3.20
• Trump: $1.34
• Biden: $3.20
• Trump: $1.34
• Biden: $1.45
• Trump: $3
• Biden: $2.88
• Trump: $1.36
• Biden: $3.10
• Trump: $1.33
PUNTER’S STUNNING $130K GAMBLE
A record number of bets have already been placed on the US election – but one cocky TAB punter shocked betting pros by laying down $130,000 on a Biden win.
The unnamed gambler bet the staggering pile of cash at odds of $1.57 this week.
Other big recent bets include $100,000 at $1.56 on Joe Biden and $40,000 at $2.50 on Donald Trump.
DIFFERENT BETS YOU CAN MAKE
All eyes are on the big one – whether it will be Joe Biden or Donald Trump in the White House for the next four years.
But there are also a string of other bets on the table, including the number of electoral college votes each candidate will receive, who will win the popular vote, the state electoral college winner, the state margin, seat margin, US Senate winner and many more.
For example, Trump is paying $4.50 to win the popular vote compared to Biden’s $1.18 (the candidate to get the most votes across America).
In 2016, Ms Clinton won the popular vote but still lost the election.
RELATED: Why Americans don’t want to vote
Will US President Donald Trump manage to pull off another miracle? Picture: Brendan Smialowski/AFPSource:AFP
RELATED: America’s confusing voting system explained
ODDS BEFORE 2016 ELECTION
When Donald Trump took on Hillary Clinton in the 2016 election, it wasn’t just the pollsters that got the outcome disastrously wrong – the betting sites also incorrectly predicted a Clinton victory.
In fact, Irish bookmaker Paddy Power failed so spectacularly it ended up with a £4 million ($A7,399,793) bill after prematurely paying out £800,000 ($A1,479,958) to those who had backed Clinton ahead of Trump’s shock win.
According to OddsShark, Trump’s odds to win the 2016 election were close to 5-to-1 on election day eve and over at TAB, Trump was $2.35 before markets closed ahead of the 2016 election.
HOW TO BET
Betting on political elections is very much illegal in all 50 states in the US.
However, the same rules don’t apply in other countries, which means betting agencies based in Australia, the UK and other nations are open for business, with most companies allowing punters to place a bet online.
According to Fortune, gambling insiders are expecting the previous record set in 2016 to be broken again this year, with some bookies expecting the election to be even bigger than the Super Bowl where betting in concerned.
2020 Presidential Election Update (11/4): Currently, it looks like Joe Biden is in the driver’s seat to win the 2020 Presidential election, and he was the betting favorite to do so. You can still bet on Biden vs. Trump at the top political betting sites, and there are also odds available for several contested swing states. However, even after all the votes are in, you’ll still likely find a lot of betting lines for props having to do with election recounts, legal challenges, and more. This promises to be the most contested election in history.
Political betting odds are not solely available just for the major elections. Whenever any US politician for either the Republicans or Democrats (or any third party) runs for office, delivers a speech, participates in a debate, or attempts to pass a bill or mandate, oddsmakers waste no time posting a variety of betting odds surrounding these events. Odds also emerge for political outcomes such as government shutdowns and scandals and the like.
Betting on these kinds of events is growing tremendously in popularity, providing great opportunities for those who follow politics and want to have (even more) skin in the game. And while Presidential election cycles and midterms generally garner the most betting action, more and more online sportsbooks are starting to offer year-round odds, even in political “off-seasons.”
With things reaching a fever pitch as they did in anticipation of the 2020 Presidential election, the contentious primary season and various global issues permeating the mainstream media were perfect fodder for sportsbooks to ramp up their offerings. Below, you’ll find our recommended election betting sites, legal information on the political betting market, and a guide on how to wager on politics in the United States.
**Coronavirus Update: The Coronvirus pandemic most certainly affected the 2020 Presidential election in several different ways, including the political betting landscape. The odds fluctuated in response to how each candidate positionined themselves in regards to the situation, with President Trump’s odds for re-election changing dramatically.
There were also new betting odds surfacing relevant to COVID-19 and its reach into politics, which you can review with our page dedicated to covering the impact that the Coronavirus pandemic on the 2020 Presidential election.The Best Online Political Betting SitesSportsbookBonusRatingUSAVisit SiteReview50% Max $250Visit SiteReview50% Max $1,000Visit SiteReview100% Max $1,000Visit SiteReview100% Max $300Visit SiteReviewPolitical Betting Guide MenuHow Do I Bet On The Presidential Election?
For online betting markets, 2020 election numbers are shaping up to be record-breaking, as it’s the most anticipated and crucial US election of all time. You can bet on 2020 election action at legal offshore sportsbooks, all of which have odds and lines on every aspect of the race, from election winners and political props to state odds, debate props, and more.
For those interested in learning how to bet on 2020 Presidential election odds and future elections, our brief guide explains the entire process quickly and succinctly – unlike the bloviating politicians you’re used to. Best of all, when you’re done, you’ll understand every betting line on Presidential elections and other aspects of political gambling, and you’ll be able to boost your bankroll before the next candidate takes office and raises your taxes.Is Election Betting Legal In The US?
Yes, it is, depending on where you place your bets. When it comes to how to bet on election results for the presidency, it’s actually very simple. The only real hurdle is that no US-based betting outlet – whether land-based or online – actually offers political odds of any kind. In fact, in most US states, it is expressly illegal for local sportsbooks to host political betting odds.
Thus, for those looking for election betting odds or lines for any other political race, legal online sportsbooks operating outside of the United States are a necessity.
Legal offshore sportsbooks offer Presidential betting odds and other election actions legally and safely because the federal government does not bar individuals from gambling with overseas operators. Only two US states place restrictions on internet betting, Connecticut, and Washington, though these restrictions remain unenforced as of this writing. The political betting sites we recommend have legitimate licenses, are regulated in their own home countries, and they accept US residents aged 18 and up.How To Bet On Presidential Election Outcomes
Before you learn how to place a political bet on the 2020 Presidential election or any other political outcome, you will have to make sure you understand a few things.
First and foremost, you must sign up at a legitimate, trusted election betting site like those in the table above. After that, betting odds on election results will be available to you at the sportsbook of your choice. Still, before placing a wager, you need to make sure you know how to read the betting odds.
Finally, you should have a solid strategy in mind before you simply start betting all slick willy-nilly. For further information about the sportsbooks listed above visit our online sportsbook reviews page where we discuss each site in detail outlining the best and worst features of each USA accepted sportsbook.
As with elections, the point of betting is to win, and these are the ground rules for your ground game on the campaign trail. Follow our instructions and advice, and you’ll be polling at the top – and pulling in top dollar – in no time flat!Signing Up At An Election Betting Site
Before you can place a bet on Presidential election outcomes, you will have to sign up at a sportsbook that offers election odds. This is easy enough, and the process takes just a few minutes:
*Visit any top online sportsbook listed above through the link provided.
*Once at your chosen site, find the “Join” or “Sign Up” button, usually in the top right of the screen. Click or tap this.
*Now, you will be asked to type in your credentials, including your name, email address, phone number, an account nickname, and the desired password. Please use real, verifiable information, as you will not be able to collect any payouts otherwise.
*After this, the next screen will ask you to select a deposit method. Most international election gambling operators accept a wide variety of payment options (Visa, Mastercard, bank wire, money order, etc.), but we recommend Bitcoin or another supported cryptocurrency, as these come with the best bonuses and are the only ways to claim same-day payouts.
*Select an optional deposit-match bonus to boost your bankroll.
*Place your bets and wait for election day!
That’s all there is to it. However, please be aware that only crypto, credit cards, and debit cards will process instantly. If you wish to use any other deposit method, you must be prepared to wait between 2-5 days before your account will be credited with funds.
Also, you do not have to make a deposit when signing up (you can skip Step 4 above), but you won’t be able to bet on US elections until you do.How To Read Presidential Betting Odds
All Presidential election odds for 2020 (and every other race) are predicated on the American moneyline. The moneyline can be viewed as a wager’s “price tag,” and it allows you to see the exact risk-to-reward ratio for any wager on the books.
A negative moneyline indicates the favorite (or, in a list of futures, the lowest positive moneyline indicates the favorite). For pricing purposes, the negative number shows how much money you must wager in order to win $100.
Blackjack online multiplayer. The positive moneyline typically shows the underdog (or underdogs, in a futures bet), and the number indicates how much money you stand to win on a $100 bet.
Note: While the moneyline is based on $100, this does not represent a betting minimum. All the top US election betting sites accept wagers of as little as $0.50 to $1.00. Remember, the moneyline is a ratio to show you how much you stand to win on a given wager, and nothing more.
*Example 1: US Presidential Election Winner
*Joe Biden -150
*Donald Trump +150
*Kanye West +10000
The above shows that Joe Biden has the best odds to win the White House. At -150, you’d have to wager $150 in order to win $100. Meanwhile, the Trump odds (+150) show that you will win $150 with a $100 wager should the incumbent be reelected.
There may be many more candidates beneath the main-party nominees, like Kanye West. Here, West is a +10000 dog, which means that a $100 wager would pay out a whopping 10 grand if West wins the election.
*Example 2: Which candidate will win the Pennsylvania electoral vote?
*Democrat -220
*Republican +240
In this betting line, the Democrats are heavy favorites to win PA, and you’d have to pony up $220 to win $100. On the other hand, the GOP is a big underdog, and the payout is $240 for a $100 wager. Underdogs always payout better than favorites.
*Example 3: How many times will “Russia” be mentioned by candidates in the first Presidential debate?
*Over 9.5 Times -110
*Under 9.5 Times -110
Here, you’re betting on the total number of times that all candidates will say the word “Russia” on the debate stage. If the word is uttered 10 times or more, the over bet wins, while if it’s said fewer than 10 times, the under bet wins.
The payouts are the same for both outcomes, showing that you must risk $110 to win $100. The difference is kept by the sportsbook as “juice” or “vig” (aka “vigorish”). This is how sportsbooks make most of their money.
There are many more kinds of wagers you’ll come across when browsing the betting odds on 2020 election results (see below), and the above hypotheticals simply illustrate how the moneyline works.US Election Bet Types
When you come across any 2020 Presidential election betting odds online (or any odds for upcoming elections in general), you will likely find a number of different wager types available. Most of these should be familiar to you if you’ve ever bet on sports, but for those new to Presidential election betting markets, the following wager types are going to be the most popular and prominent. All of them fall within the larger categories of futures and proposition bets.Political Futures Bets
Political futures are the most common kinds of odds you’ll see when you bet on Presidential election action, as these concern the outcomes of the races themselves. They’re called futures odds because they are wagers on events that will happen in the future, and you can put money on these lines several weeks, months, or even a year or more out from the elections themselves.
From candidate odds to win primaries and generals to VP selection odds and more, futures are where the big money is in political betting. These are very volatile, as well, as the events of any given day can crater a candidate’s odds or send them sky high like Air Force One.Political Prop Bets
Political prop bets, or election props, are wagers that deal with ancillary or tangential issues not related to actual election outcomes. Props run the gamut, with popular 2020 election betti
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