US Election Bets Odds 2020
Betting Sites For Election
Here at CaptainGambling.com, we don’t just do Sports Betting Reviews & Ratings. When a big political event happens, we take a keen interest in how to bet on it. And it doesn’t come much bigger than the US Presidential Election. As a bettor, there’s plenty of value to be found in election bets. That’s why our team of experts have sought out the best election betting sites with the best US Election odds. So if you’re looking to find out about the best election bets, odds & more then read on!
The Hillary and Trump election changed the landscape of how elections played out in terms of predictability. As a result, betting for election events became a much more interesting and exciting prospect. Betting for election is categorized as a subset of entertainment betting and has increased in popularity in the US as of late. Today, most Online Gambling Sites US offer some form of election bets to their customers in states where online gambling is legal.
Betting for Election Highlights 2020
- Election bets odds reduce as the election gets closer with Biden as favorite
- You can bet on the election US 2020 in two ways
- Bets for election 2020 can be placed on other markets than the result
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When is the US Presidential Election?
Before we get to the US Election odds, let’s take a look at the date of the actual event in question. The 2020 US Presidential election is taking place on November 3rd. Although technically there are multiple candidates, the election is in essence a two horse race between the Democratic candidate Joe Biden and the Republican candidate Donald Trump. The campaign trials and debates can rapidly alter the face of the election in the short run up to the actual date. Therefore, we recommend constantly keeping up with the election via news sites and predictions experts. US election odds change throughout the campaign, however they usually get shorter the closer to the election we get.
How does the US Presidential Election work?
It’s not as straightforward as the most votes wins unfortunately. To put it simply, it’s done on a state by state basis. That is to say, each state votes for their candidate, then, once they have done so their Electoral College votes are awarded to that candidate. Understanding this process is essential if you want to place election bets.
What is the Electoral College?
The Electoral College has been part of the US Constitution since way back when and was essentially put in place to ensure that votes form smaller states count. However, larger states do get more Electoral College votes to contribute to the overall result. For example, large and populous states such as Texas and California have the most overall votes. Meanwhile, small states such as Delaware and South Dakota have very few by comparison. To give you an idea of numbers, California has the most with 55 Electoral College votes, while states like Delaware sit at the lower end with just 3.
What this means is that effectively the candidate who wins the most votes doesn’t necessarily win the election. As a result, there has been some debate about changing this process. However, as things stand it remains in place. In 2016 Hillary Clinton actually had more votes in terms of headcount (known as the popular vote), but lost the election.
US Election Bets Odds
The most straightforward bets you’ll find for the 2020 US Presidential Election are the odds to win. Effectively, this is the odds you’d get on a straightforward bet on the question “Who will be the next president in 2020?”. This basically means betting on one of two people. This year, those two candidates are Donald Trump and Joe Biden. There is the possibility to bet on outside candidates, such as Kanye West running as an independent. However the odds and probability are so long that it would effectively be a wasted bet.
As it has historically been the case that the favorite has gone on to win, getting your bets in early when the odds are longer is usually the best strategy. That being said, the 2016 election through a spanner in the works to this theory, as Hillary Clinton was the favorite throughout, yet ultimately it was Trump who went on to win. Therefore, any bettors who had decided to back Trump, would’ve got good odds and a surprise bumper payday once the result was announced. Biden is currently the favorite for the US 2020 presidential election. However, if Trump’s last victory in 2016 has shown us anything, it’s that we can no longer bank on the front runner. Therefore, betting on the 2020 election is perhaps the most unpredictable yet exciting we’ve ever seen.
The Best US Election Betting Sites
So where can you find US Election odds and bets? You could be forgiven for thinking that this would be the domain of specialist political betting sites . However this is not necessarily the case. More often than not, you can find election odds and betting markets on the same sites you’d find all of your other betting odds US. The majority of your online sports betting sites in US states where betting is legal will offer some form of odds on the US election.
Therefore, if you’re living in a US state where sports betting is legal, chances are you’ll find odds on the US presidential election with the same ease you’d find odds on an NFL game. If you live in a state with an established legal betting structure and several operators, such as NJ for example, then we recommend taking the time to browse the competition. In doing so, you’ll increase your chances of finding the best odds and thus the biggest potential win. To assist you in finding where you can place your US election bets, consult our Best Online Sports Betting US list. You can further aid you bet with a Betting Online Bonus.
US Election Betting Markets
Just as is the case with sports betting, there are multiple betting markets to be considered. The easiest and most straightforward of these is a bet on who will be the next president. However, as we previously mentioned, the favorite usually goes on to win the election, with 2016 being the one exception in recent memory. As a result betting on who will be the next president generally doesn’t offer you a lot of value.
So what alternative betting markets are out there?
The most straightforward betting markets to seek out is placing wagers on who is going to win each state. Of course, there are some states that are staunchly Republican or staunchly Democrat, where betting on the result doesn’t offer much value. It’s trickier business to choose, but can offer more potential value if you bet on swing states. Swing states is the term used to refer to the states that could go either way. Following the swing states requires a lot of keeping up to date and attention to detail. However betting on swing states offers more excitement and potential value. These tightly fought voting grounds most definitely offer the best potential bet value.
2020 Election Swing States
Betting on the popular vote
As we mentioned above, the Electoral College system means that the candidate with the most actual votes doesn’t necessarily win the election. This is exactly what happened in 2016. Hillary won more actual votes by headcount, but Trump won the Electoral College. Therefore Trump became President and Hillary lost. This number of actual votes is referred to as the “Popular Vote”. As well as betting on the overall outcome and betting on state outcomes, most betting sites will also offer odds on the popular vote. For example, in the 2016 election, someone could’ve effectively bet on Trump to become President and Hillariy to win the popular vote and have won both bets.
Niche Betting Markets
As well as betting on the actual outcomes of the election votes, you can also find odds on more niche happenings. For example, you can usually find odds on words, phrases or mannerisms that a candidate will repeat on the campaign trial and during debates. Once such a bet would be betting on the amount of times a certain candidate will use a certain word or phrase.
Types of Election Betting
You can bet on the US 2020 presidential election in two major ways: through online sports bookmakers and the prediction market.
Election 2020 Prediction Markets
Prediction markets offer bettors a 50/50 chance on the outcome of the US 2020 Election. It presents bettors with a yes or no question. Examples of such questions include:
“Who will be the next president of the USA?”
“Will Joe Biden win the US presidential election?
“Will Donald Trump get reelected?”
The above questions require ‘yes’ or ‘no ‘ answers and their odds depend on public opinion. If you predict correctly, you claim your return in the odds.
Online Sports Bet
As said earlier, the technicality of betting on the 2020 US presidential election is not quite different from that of sport betting. You can easily place your bet on specific presidential election happenings, occurrences and instances at an online sports site.Such examples include the following:
2020 US Political Parties Presidential Primary Election – Odds to Win
With this betting prop, you are given the chance to predict the flag bearers of the different political parties in the US for the 2020 general election. If you place your bet quickly on this prop, you’ll have quite a large number of candidates to choose from. Thus, it might be very difficult for you to pick a clear cut winner, but this makes your potential return huge. Please put it at the back of your mind that if you bet early, your bet will be tied up till the result is announced.
2020 United States Presidential Election – Odds to Win
If you are placing your bet on this betting line, you are only concerned with the winner of the US general election. We are taking the US 2020 general election as our case study. Some bookmakers display the list of the presidential candidates with spin off props such as:
- Odds on the party to win the 2020 US Presidential Election.
- Odds on a female gender winning the 2020 US Presidential Election.
The electioneering process in the United State of America is always packed with actions and entertainment, however to claim a huge return during this period, you must place your bet early.
Trends for US Presidential Election Betting in Recent Times
The outcome of the 2016 US presidential election raised all manner of questions as to whether the opinions of voters or polls are reasonable and practical methods of predicting winners. In 2016, President Trump had a very low possibility of winning the election so many bettors banked on Hillary Clinton to win because of her incredible 91% probability. The odds of Trump winning the 2016 US presidential election was 25/1 in August 2015 and it dropped to 6/4 before the first presidential debate.
Donald Trump ruthless style of practicing politics made bookmakers increase the odds of him winning and decrease the odds of Hillary Clinton winning, so many bettors placed their bets on Hillary Clinton to win. In fact, some bookmakers gave bettors the option of cashing out early because of Donald Trump’s awful odds. Donald Trump’s victory at the polls caused a great upset to bookmakers.
The above scenario has made US presidential election betting one of the most popular types of petting in the United States. So a bettor needs more than voters poll to place their bets and earn massive returns.
Which Bookies Offer the Best Election Betting Deals?
The election season means a lot of profit if you can put in the work. Would you like to place a sure bet and earn a lot of profit? Then election betting is your best bet in this regard. You get to explore six different kinds of betting odds. The only obstacle in your way is getting bookies to offer you the best election betting odds, but we got you covered. Just visit our sports betting comparison page to make your bookie choice.
Republican: Donald Trump
This man needs no introduction. Business titan, reality TV star and current president of the USA. Trump’s election to office in 2016 came as a shock to many and to say his presidency has been controversial would be an understatement to say the least. Supporters like the fact he speaks his mind, while opponents feel his ramblings border on the concerning.
Democrat: Joe Biden
A man very familiar with the White House, he is fondly remembered by Democrat supporters for serving as the 47th Vice President of the United States under Barack Obama. He spent the majority of his political career serving as the United States Senator for Delaware. He held the post from 1973 to 2009.
So there you have it, betting on the US Election is perhaps simpler than you first thought. Additionally, there are more markets available than first meets the eye. Coming up with a viable US Election betting strategy doesn’t need to be overly difficult. First and foremost, it’s important to follow the campaigns and keep up to date. If your finger is on the pulse and you’re equipped with the knowledge then all that’s left to do is pick your bets and find the best bookie with best odds. Once you’ve done that, all that’s left to do is place your wager.
US Election Odds FAQ
To find the answer to this question, we advise consulting the relevant articles here at CaptainGambling.com. Where and how you can bet on the US presidential election depends on which state you’re living in. Firstly, you need to ensure that betting is legal where you are, which you can do by consulting the map on the CaptianGambling homepage. Once you’ve check that, articles such as the Best Online Sports Betting US can help you.
How and if you can bet on the US presidential election depends largely on what state you reside in. Therefore, first and foremost you have to check if there are legal forms of betting where you are. You can do this by consulting the homepage at CaptainGambling.com. By subscribing to this site, you can also be the first to find out about any changes on betting legislation in your state and keep up with the US election.
Trump's election odds are quite literally changing every day, such is the futile nature of the 2020 US presidential election. Additionally, the odds on his reelection depend on where you look for your odds. Although all roughly in the same ballpark, the odds differ depending on the site you're looking at. Keep up to date right here @ CaptainGambling.com.