Aside from outrights, there are a lot of proposition bets available when it comes to presidential election betting lines. Prop bets are wagers that don't focus on the main result of a game or event, like which team wins the game, but instead, focus on other factors. In the case of presidential odds, it's things like. Another betting site, OddsShark, listed Biden as a -165 favorite with President Trump being a +135 underdog at 5:30 a.m. You can bet on all the major sports, as well as some niche ones, and there's a separate section for political betting, including the US presidential election. Sign up today and grab a 100% matched deposit bonus on your first deposit up to $200.
- How To Bet On Presidential Election 2020
- How To Bet On Presidential Election Uk
- Can I Bet On Election
- Las Vegas Odds Presidential Election 2020
- For example, let's say Trump's election odds are -125. If you bet $125, you would win $100 and get back the $125 bet if he wins. On the other hand, what if the odds that Kamala Harris will win the election are +135. If you bet $100 on Harris to win, you win $135 and get back the original $100 bet.
- Interest in betting on the 2020 Election broke countless records and saw millions and millions of dollars wagered around the world – and now those bettors are turning their attention to the 2024 Election. Donald Trump's 2024 Presidential Election Odds.
The US Presidential Election is just one day away, with the 2020 Election set to occur on Tuesday, November 3rd. Donald Trump is running for his second term representing the Republican party, while Joe Biden is the Democratic Nominee. There has been a lot of political unrest in the country this year, so it is a very important election and it will be interesting to see who the people vote into the White House in November.
Below I've looked at the odds for the US Election, touched on some other election related bets you can make, and provided a 3 step guide you can follow to get your bets placed on the 2020 US Presidential election online.
Where To Bet On The 2020 US Election
| Sportsbook | Rating | Bonus | Review | Visit |
|---|---|---|---|---|
| 50% up to $1000 |
US Presidential Election Odds
Here are the odds for the 2020 US Presidential Election from BetOnline.ag (full review) **odds taken on November 2nd, 2020.
- Donald Trump +165
- Joe Biden -190
BetOnline has Biden as almost a 2-1 favorite to win the US Presidential Election. Biden has odds of -190, which indicates an implied probability of 65.5% that he wins the election. Trump is the underdog with odds of +165 indicating a 37.7% chance of winning the election. The extra 3.2% is the juice.
The odds for the US Presidential Election will continue to change leading up to the November 2020 election. You can see the updated odds on the BetOnline.ag website by selecting ‘Sports' from the top navigation bar, opening the ‘Politics' drop down menu and selecting ‘Politics – Futures' -> ‘2020 U.S Presidential Election'.
Some other US Election related bets you can make at BetOnline include electoral college wins in each state (Republic or Democrat), popular vote winner, and various other election related props.
How To Bet On 2020 USA Election Online
Follow these three steps to get your 2020 United States Presidential Election bets placed online quickly and easily.
Step 1. Join An Online Betting Site
The first step is to join an online sportsbook that is taking bets on the US Election. For the purposes of this guide we will be using BetOnline.ag. They are our #1 rated betting site and they accept players from everywhere in the world (including the USA). Check out our betting reviews section for more detailed information on all of the sportsbooks we recommend.
Click here to join BetOnline.ag. Fill out the form on the home page to open your account.
Step 2. Deposit Funds
Log into your new account and click ‘Cashier' or ‘Deposit' in the top right corner of the screen. Select your preferred deposit method (Visa, MasterCard, American Express, bitcoin, Skrill, etc) and follow the instructions to make your deposit.
You can use promo code BOL1000 when making your first deposit to receive a 50% matching bonus of up to $1000.
Step 3. Place Your Bets
You will find the US Election odds by clicking on ‘Politics Futures' under the ‘Politics' drop down menu in the sportsbook.
Here is what the odds looked like on the website one week before the election (taken November 2nd):
Select the politician you want to bet on, enter your risk amount on the Bet Slip, and click ‘Place Bet' to confirm your wager.
If you're new to betting online I'd suggest checking out our guide section for some beginner articles to help you get started.
Ready to bet? Click here to visit BetOnline.ag.
US Election • US Election Betting • US Presidential Election
The results of the presidential election could sway the fate of millions of Americans. But that's not what we're here to think about. Instead, we're here to learn how to bet on the 2020 presidential election online – and win.
In 2016, President Trump won and created a solid profit for many bettors who backed him. And if you wager correctly this time around, you could get really rich, too! And that's why this article is here – to show you a betting strategy that can improve your chances of winning.
In this article, I'll be taking a look at the best 2020 presidential election betting sites, and I'll be revealing a few strategies, tips, and tools that will help you place better bets.
Best Presidential Election Betting Sites
BetOnline is a U.S. sports betting site that's good for political betting. It has a great layout, good early lines, and fast payouts.
Sign up today and grab a 100% welcome bonus when you make your first deposit up to $1,000.
BetWay is one of the most impressive and reputable European betting sites that can be accessed in the states. You can bet on all the major sports, as well as some niche ones, and there's a separate section for political betting, including the US presidential election.
Sign up today and grab a 100% matched deposit bonus on your first deposit up to $200.
Easily the U.S.'s premier sports betting site, Bovada is hard to beat when it comes to political odds and futures. Futures odds often change by the minute, and Bovada offers some of the most competitive odds around.
Sign up today and grab a 50% welcome bonus when you make your first deposit up to $250.
Betting On The Presidential Election: Full Guide
Helpful Stats & Facts For Betting On The Presidential Election
- Only 13 Presidents have completed two terms
- Joe Biden is the oldest candidate to be elected as a first-term president
- There have only ever been two presidents who were also divorcees – Ronald Reagan and President Trump
- Only two presidents have ever won 49 out of 50 states
- You can win the popular vote but lose the election, and this has happened four times so far
How To Bet On Presidential Election 2020
- Donald Trump raised $512.2m during his 2016 election. Hilary Clinton raised $1,068.1m and still lost
- Ohio has voted for the winner every single time bar one since 1944
The Most Popular Types of Presidential Election Bets
There are only twos type of bets you can place:
With a moneyline wager, you're wagering on one of two possible outcomes. For example, you might wager on the winning party, or you might wager on Joe Biden to win the 2020 popular vote. Or, you might bet on electoral college votes, such as either Biden or Trump to win 400+.
Props betting is a little more interesting because you bet on all kinds of things, including who will be X's running mate, how long a televised debate will last, how many times a candidate might say a specific word during a debate, and so on.
A prop bet might look like this:
Will Donald Trump be impeached before the 2020 elections?
- Yes (+175)
- No (-250)
How To Bet On Presidential Election Uk
US Presidential Election Betting Strategy
It's not easy to predict who'll win the 2020 election. And because you only have two candidates to choose from, it would seem that you haven't got much room for maneuver.
The best way to play this, therefore, is to play the electoral betting odds.
What do I mean by this?
Essentially, this is a form of arbitrage betting which requires you to back a candidate and then lay them later on.
Here's what I mean:
When a candidate is an outsider according to the latest presidential election odds, now is a good time to back them. Then, as the campaign gets underway and their odds shorten, you can lay them via a betting exchange.
What does 'lay a bet' mean?
This is when you use a betting exchange, such as BetDaq, to wager on something not to happen.
By backing a candidate when they're an outsider, before laying them when their odds have shortened, you can guarantee yourself a profit no matter what happens.
Tips For Betting On The Presidential Elections
Watch Out For Strange Promises
Anyone who makes extravagant promises that the general public knows they're not going to keep isn't going to win. For example, over in the UK, the opposition leader, Jeremy Corbyn, told everyone his party would provide free broadband for everyone in the coming years. The public saw this as a desperate attempt to secure their vote – and it didn't work.
Watch The Misery Index
The Misery Index measures economic misery and combines the sum of the percentage inflation rate + the percentage unemployment rate. If it rises during a president's first term, said president tends not to land a second term.
Unfortunately for Trump, COVID-19 has caused mass unemployment in the United States.
Watch the S&P
Can I Bet On Election
If the S%P 500 does really well during the end of July and the end of October, the current president tends to secure another term.
The Misery Index measures economic misery and combines the sum of the percentage inflation rate + the percentage unemployment rate. If it rises during a president's first term, said president tends not to land a second term.
Unfortunately for Trump, COVID-19 has caused mass unemployment in the United States.
Watch the S&P
Can I Bet On Election
If the S%P 500 does really well during the end of July and the end of October, the current president tends to secure another term.
On the other hand, if the stock market tumbles during that period, the opposition party usually gets in.
That said, COVID-19 has really skewered the numbers this year, so that's something else to bear in mind.
Final Word
Political betting can be a lot of fun when you do the right things. Use the tips in this article to improve your chances of winning in this year's election. Remember never to bet more than you can afford to lose and always bet with your head and never your heart.
Las Vegas Odds Presidential Election 2020
Don't forget to let me know how you get on in the comments below!
