You have plenty of opportunities available for you to wager on 2020 Presidential election odds. Here is the fact of the matter, people love to bet on competitions.
There is a reason why sports betting is so popular across the country. But there is a competition that arguably will have all Americans, and people around the world are focused on it. That is the 2020 Presidential elections. Politics these days are very polarizing. No matter how hard you try, you cannot escape it. So instead of trying to fight it, why don’t you make it for yourself and learn how to bet on the 2020 elections?
There are a lot of different things you have to understand before you go on and look up who has the best odds to win the 2020 election. Political betting laws are a bit different compared to legal sports betting laws. But there are some similarities between the two activities. Throughout this page, we are going to go over some of the things that make political betting what it is. We hope that by the end, you will have a better understanding of political betting and help you understand how you can get started on betting on the 2020 elections.
Legality Of Political Betting Markets In The US
The overall legality of political betting markets in the US is pretty simple to understand. Even though sports betting has taken the United States by storm, political betting is a completely different issue. Right now, all legal sportsbooks in the country are not allowed to take bets on the 2020 Presidential elections or any other election around the country.
Most states specifically have laws against sportsbooks providing odds on any elections. But that could change in the future. With sports betting becoming more accessible in the US, states are having a more positive outlook on gambling as a whole. We believe it’s only a matter of time before political sports betting will hit retail sportsbooks. For now, only online offshore sportsbooks allow you to bet on your favorite candidate.
Current 2020 Presidential Candidates + Odds To Win The 2020 Election
Throughout the 2016 election cycle, Donald Trump was a massive betting underdog. Even at 8 p.m. on election night, Trump’s odds sat at +550. Instead of the decisive Hillary Clinton victory oddsmakers expected, Trump won narrow battles in key swing states throughout the night, eventually leading to his upset victory.
In 2020, Donald Trump was considered a heavy betting favorite as the field of Democratic contenders was wide and varied. With Joe Biden making a strong surge around Super Tuesday, the odds for the Republicans to stay in the office have become closer to EVEN while Joe Biden took the top position as his opposition. Election odds vary widely between different sportsbooks, so it is important for smart bettors to shop lines to ensure optimal payouts.
BetOnline:
Odds To Win The 2020 Election:
- Donald Trump -110
- Joe Biden +125
- Bernie Sanders +2000
- Andrew Cuomo +3300
MyBookie:
Odds To Win The 2020 Election:
- Donald Trump -140
- Joe Biden Even
- Bernie Sanders +4000
Bovada:
Odds To Win The 2020 Election:
- Donald Trump -110
- Joe Biden +125
- Andrew Cuomo +2000
- Bernie Sanders +3000
Types Of Presidential Betting Odds
The range of bets for political elections is fairly limited. The main bets available for the general election right now are futures bets on who which candidate or party will win the election. There are also betting options for the ongoing Democratic Primaries, which began with the Iowa caucuses on February 3, 2020. You can bet on who will win individual state primaries, as well who the Democratic nominee will ultimately be. Because political elections are so fluid, their betting odds can change rapidly. Most sportsbooks update election odds at least once every few days during the lead-up to the election, and then several times a day during the general election.
Odds To Become 2020 Democratic Nominee
The intervening years between the 2016 election and 2020 were tumultuous and chaotic for the Democratic party. In total, 29 different Democratic candidates announced a presidential campaign. Since Super Tuesday concluded, many candidates took their names out of the hate. The two favorites left are Joe Biden and Bernie Sanders, though odds for Hillary Clinton still sit in their range.
BetOnline:
Odds To Become 2020 Democratic Nominee:
- Joe Biden -1000
- Bernie Sanders +1400
- Andrew Cuomo +1600
- Hillary Clinton +2000
MyBookie:
Odds To Become 2020 Democratic Nominee:
- Joe Biden –1500
- Hillary Clinton +1400
- Bernie Sanders +2500
- Andrew Cuomo +2500
Bovada:
Odds To Become 2020 Democratic Nominee:
- Joe Biden -600
- Andrew Cuomo +1000
- Hillary Clinton +1500
- Bernie Sanders +1500
Betting Odds For The 2020 Vice President
Despite the candidates being nearly selected, bettors can also bet on the election in regards to the Vice President of the United States. Each candidate has explained or dropped hints about who they would consider taking and the odds can be offered by each individual candidate as well as for the party itself. With Biden favored to be the Democratic nominee, his running mate is also favored in kind. Interestingly enough, all of the top candidates are women, showing no desire from the top candidates to bring a male counterpart along.
BetOnline:
Democratic Vice President Odds:
- Kamala Harris +160
- Amy Klobuchar +225
- Catherine Cortez Masto +750
- Stacey Abrams +750
- Elizabeth Warren +750
MyBookie:
Democratic Vice President Odds:
- Kamala Harris +200
- Amy Klobuchar +275
- Stacey Abrams +500
- Elizabeth Warren +750
- Catherine Cortez Masto +1800
How To Get Started With Political Betting
As we have said above on this page, you will not find political betting odds at retail sportsbooks. That is why online offshore sportsbooks are the best way for you to get started. You can sign up for your free account on sites like Bovada or BetOnline and you will be on your way to bet on the 2020 elections. Once you have signed up, all you need to do is find the political section of the sportsbook and you can easily make your bets on the elections.
