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Political Betting
and 2020 Election Odds

2020 US Presidential Odds

We have officially entered the stretch drive in the US Election Betting season. There will be zero let-up for Campaigns between now and November 3 meaning that the news cycles will be filled with rallies, more heated rhetoric, and more insane travel schedules for the Candidates in the midst of a Global pandemic.

2020 has already proven to be a different sort of Campaign. Voting started two weeks ago and as of Monday morning, some 25 million ballots have already been cast. It serves as more proof that most minds are made up and peoples’ opinions are already baked in with two weeks to go until November 3.

This week greets us with a stark milestone – more than 220,000 deaths from COVID-19 and growing, with most states’ coronavirus positivity rate climbing to mid-summer record- levels again and with the President seemingly unphased by the incredible impact of the Virus on the American way.

It is going to be an interesting week ahead. The last Presidential Debate is lined up for Thursday, we will possibly see some form of stimulus for average Americans, which could boost the faith voters have in the Incumbent President, we may have a vote on the next Supreme Court Justice late this week and even former President Barack Obama will hit the Campaign Trail for his old buddy, Joe Biden.

It won’t be boring!

The US Election Polls and the Odds seem to have leveled off after we saw Donald Trump seemingly bottoming out in the middle last week. Joe Biden still holds a comfortable lead in both the Polls and the Odds but if 2016 taught us anything, it is that anything can and probably will happen during the Presidential Campaign Season.

You can place wagers on the eventual winner of the 2020 presidential election and what the margin of victory will be. There is also a slew of prop betting opportunities like “which candidate will drop out of the race before November 2” and if one certain candidate will be banned from Twitter before 2021. We have compiled this dedicated political betting page to help guide you through the process – it is especially important right now with the daily changes in the news-cycles. We have highlighted the 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.

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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. 

However, the 2020 US presidential battle looks set to become the biggest political betting event in history. Sportsbooks are offering lines on the winner of the election, and you can use our odds comparison tool to find the most attractive prices on the market. However, the fun does not stop there. You can bet on all manner of alternative markets, from the winner of the Senate and the winner of the House of Representatives to President Donald Trump opening Area 51 to the public before his first term in office ends. 

President Donald Trump will bid to win a second term of office when Americans go to the polls in November. He achieved a stunning victory over heavy favorite Hillary Clinton in 2016, but the odds on him succeeding are considerably shorter this time around. The Democratic Ticket is set with former Vice-President Joe Biden looking to unseat Trump and VP nominee Kamala Harris making history by becoming the first African/Asian American to run in that role.

You can bet on either President Donald Trump or Joe Biden winning the election. The odds will continue to change on a regular basis in the build-up to the presidential election. There is seemingly election-influencing news hitting the airwaves every single day in this year’s race for the White House which threaten to change the Candidates’ standing in the polls and ultimately their betting odds. If a lot of money is wagered on one of them, the odds will shrink on that candidate and lengthen on his rival. If either man makes a high-profile blunder or impresses the public with a rousing speech or a momentous act, the odds are likely to shift too. 

You might see odds of -110 on President Trump winning the presidential election. This means you must wager $110 in order to win a $100 profit. If you bet $300 and he goes on to win the election, you would make a $273 profit. If he were to lose the election, you would lose your $300 stake. It is a very simple type of political bet, but it massively ramps up the excitement you feel when following the build-up to the election, as you have skin in the game. 

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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. There are still plenty of opportunities out there with regards to the finer details of the 2020 US Election Campaign season.

This week’s final debate will offer up a host of fun and exciting prop bet opportunities. There certainly has been no shortage of material lately for oddsmakers to use. Be sure to check back as most Debate props haven’t been posted yet. But if last debate is any indication questions like Will Donald Trump say QAnon, Sleepy Joe, Anarchist, Antifa and mention cities like Portland and Seattle will be included in the menu. You will also likely be able to bet on whether or not Joe Biden would call Trump a racist, call for a fact check, call Trump a liar or mention Bob Woodward’s book?

Many sportsbooks will offer odds on which candidate will carry each of the 50 states. Often you see a huge favorite, but some are really close. For example, the Republicans are heavy favorites in Alabama, and the Democrats are heavy favorites in California, but it is tight in Wisconsin. You can also find prop bet options on all manner of weird and wonderful markets. There are Trump impeachment odds, and betting options on which Candidate will drop out first.

Election Prop Betting is catching on in a big way and is bringing a little fun to what has been an intense Election Season.

Trump: +138 | Biden -188

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Trump: +125| Biden -160

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Trump: +164 | Biden -197

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House and Senate Winner Odds

There are plenty of other big questions to be answered in US politics this year. Which party will win the House of Representatives in 2020? The Democrats are the clear favorites right now, but things can change quickly in the world of politics. Which party will win the Senate in 2020? You can bet on that as well. If President Trump manages to serve two terms, controlling the Senate will be crucial to his ability to govern in the manner in which he is accustomed, along with a favorable U.S. Supreme Court. You can bet on the Republicans securing over or under 50 seats, or exactly 50 seats, among other options. 

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

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Where to Bet on the Presidential Election

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 in confidence. Most offer political betting, which will grow increasingly popular this year due to the lack of sporting action of offer. 

The coronavirus pandemic will be a key issue when the candidates face one another in live debates. It will also affect Americans’ ability to vote. Major sporting events have been called off or postponed due to the coronavirus outbreak, and that has forced sports betting sites to become more creative. They will therefore ramp up their political betting options over the course of the year. 

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

Key Election Dates 2020

Key Election Dates are starting to run out, and that’s a good thing for those who just want to see this Election Betting Season end. Frequent Campaign stops will dominate the Campaign landscape this upcoming week with Donald Trump holding multiple rallies on most days and Joe Biden continuing to play it safe with a more muted travel schedule.

The biggest Key Election Date is unquestionably the last Presidential Debate after the second was cancelled due to Donald Trump’s refusal to participate virtually. It comes our way October 22, 2020 at Belmont University in Nashville, Tennessee with Kirsten Welker of NBC News scheduled to moderate.

Barack Obama hits the Campaign Trail starting Wednesday and this week will be full of other high-profile surrogates stumping for their Candidates.

Stay with us for any changes and possible updates on the Key Election Dates of 2020. It is a fluid situation and promises to remain so.

Presidential Election Betting Tips

It might pay to keep a close eye on the state of the economy during 2020 and the growing civil unrest that is plaguing every corner of the US right now. Widespread social distancing in the wake of the coronavirus outbreak has led to a raft of event cancellations and the decimation of a huge range of sectors, including tourism, leisure, and hospitality. The US stock market has already suffered its worst decline since the 1987 Wall Street crash this year but has since climbed back up. Its success remains tenuous and the chances of a recession still loom large.

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, in this case, President Trump. He could point to a flourishing US economy for the initial stages of his time in office, but a prolonged downward trend could hurt his chances of re-election. Trump’s financial stimulus measures, or lack thereof, could win voters over, but there are no guarantees. It then remains to be seen if Biden can present a compelling alternative. The sitting President has engaged in furious exchanges with some voters while on the campaign trail, so be sure to pay attention to any high-profile missteps that either Biden or Trump make in the months ahead.  

You should also never fear backing the underdog. After all, most feel that this year’s Election is a referendum on Donald Trump – period! Interestingly, at this point, Donald Trump is the underdog and we all know how he defied the odds in 2016 and pulled the stunning upset. He could realistically do it again.

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. 

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