Odds For 2020 President
Article and odds updated on November 6th, 2020 at 10:32am EST
- Odds For President 2020 Bovada
- Current Odds For 2020 President
- Betting Odds For 2020 Presidential Candidates
- 2020 Election Handicapping. Odds Shark has also compiled a comprehensive list of 2020 Presidential Election Betting Props for bettors if they want to look at more options than just “Who will win the 2020 U.S. Presidential Election.”.
- Almost immediately following the result of the 2016 election, Americans from both sides of the political spectrum began looking towards the 2020 presidential betting odds. The likelihood that Donald Trump was named president took many by surprise and his second campaign to win reelection has opened the door for many challengers.
Presidential Election Odds Betting Strategy Sid Rosenberg, co-host of the popular New York radio show ' Bernie & Sid in the Morning ' on 77WABC, joins Kevin Rogers and the VegasInsider.com YouTube channel for a betting breakdown of the upcoming election.
There is a huge event sneaking into view in the United States of America, as the 2020 Election grows ever closer. Americans will go to the polls on the 3rd November, with the winning candidate being inaugurated on the 20th January 2021. It will be a huge decision in the USA as they must decide the man that they want to be the President for the next four years.
Online Markets for US Presidential Online Betting Odds
Vegas Odds 2020 election race is nearing its last month but has but far from a clear winner yet.
It doesn’t seem that long ago since Donald Trump shocked the world by defying the odds to beat Hilary Clinton to move into the White House. But, an awful lot has changed since then, and this could turn out to be one of the tightest and more aggressive Elections in American history.
Read on for the Las Vegas presidential odds below:
Current Vegas Presidential Odds
Those gamblers looking to find Vegas Odds for the upcoming or previous elections will be left disappointed.
It is illegal for sports with licenses in the US to offer odds.
Odds For President 2020 Bovada
That is why none of the leading sportsbooks in Las Vegas have been able to offer odds on US Elections.
An Alternative to Las ‘Vegas Odds’
That is why the majority of online bookmakers, otherwise known as ‘offshore sportsbooks‘ are the way forward for those looking to bet on the 2020 Election.
In any normal scenario outside of the US election, it would have been expected that the Vegas odds Trump commands will be neck in neck with Biden, and this case shows with the online markets below. Again though, there will be no lines available for those looking for Vegas odds President race numbers. The Vegas election odds (online markets) will be updated here live as they become available.
Why Vegas Odds on the US Election Are Illegal
There are a number of reasons why betting on Presidential elections is illegal in the States. One of the main reasons links back to the Black Sox Scandal in 1919. The law is there to ensure the integrity of democracy. Meanwhile, there was also a fear that betting on elections could also have a negative impact on the number of voters that turned out.
The odds are constantly changing as Election night draws closer, and there has been a massive change in favour of Joe Biden. Biden is now the clear -190 favourite in the political betting market with BetOnline.ag, while Bovada also offers the same price for the Democratic candidate from Delaware. Donald Trump, like in the 2016 election, is the outsider to be re-elected, as he is priced at +162 with BetOnline.ag.
There are also other selections in the BetOnline.ag market, as they offer Kamala Harris at +5000. However, that selection would be considered hugely unlikely as Harris is the running mate for Biden in the upcoming election. Meanwhile, Trump’s running mate, Mike Pence, is valued at +10000 with Bovada to be elected as the President.
However, the odds online are slightly different depending on the bookmaker, with Betway still having Biden as the favourite but at a slightly different price. Betway offers -167 for Biden to win the election, but the odds suggest it could be closer as Trump is priced at +115. Bet US initially expected it to be much closer than Bovada and BetOnline.ag, as they have both had Trump and Biden valued at -115 at open, with it now being -200 and -182 for Biden and Trump at +150 and +162 respectively.
Changes In US Presidential Odds Since January
The odds have constantly been changing throughout 2020, with Biden being as high as +2000 at the end of February. However, the Democratic Party Presidential primaries changed the odds. Biden’s price with Bovada plummeted to +160 after he emerged at the candidate for the party. Biden was the last candidate standing after a number of other candidates pulled out. Biden went down to -115 after Bernie Sanders pulled out of the election, which was the lowest price that Biden had been at.
The lowest price that gamblers could get for Trump came at the end of February as he was priced at -180 with Bovada. However, Trump’s odds have been changing week by week, and he went to evens at the beginning of June. At that point, Biden overtook Trump as the favourite in the Election betting. Trump went to as high as +140 at the beginning of July, but his price is getting shorter again as we get closer to the 4th November Election.
With the constant overtaking and media parade, who knows what Vegas odds on Presidential election movements we’ll see throughout the final days leading up to Election night?
Where Will The Election Be Won?
The US Election doesn’t always mean getting the most amount of votes; instead it comes down to the States that you manage to win. The winning candidate will need to get at least 279 electoral college votes to win, with 538 in total up for grabs. Most States vote the same way for every election, but there are some that can go either way; these are called battleground States. There are 14 different battleground States, which turned out to be the decisive factor for Trump back in 2016.
However, recent figures have shown that Biden holds the advantage in the majority this time around. Polls show that Biden has the advantage in Arizona, Florida, Michigan, Minnesota, Nevada, New Hampshire, North Caroline, Ohio, Pennsylvania, Virginia and Wisconsin. Meanwhile, Trump has a better rating on the polls in just three of the States; Georgia, Iowa and Texas. The recent figures also show that there is only a slim difference between the candidates in three of the States that currently favour Biden: Florida, North Carolina and Ohio.
Were The Odds Right In 2016?
The 2020 election will be unlike anything that we have seen before, and the main reason for that is because it is unpredictable. The polls have been wrong on numerous occasions over the past couple of years, which has meant that the odds have counted for very little. The year that Trump won the election, there were two examples that the polls aren’t always accurate, one of which being the Trump election and the other being the United Kingdom voting to leave the European Union.
Back in 2016, Trump was given just a 50% chance of winning the election on the 3rd November, which was just five days before American went to the polls. The unpredictability of the 2016 election meant that huge wagers were placed on both Trump and Clinton, with one gambler from London putting over $200,000 on the eventual winner. One bookmaker revealed that the number of bets put on the election in 2016 exceeded the wagers that were put on other significant events such as the EU referendum, the European Championships and the Epsom Derby.
Whatever happens to in the final debates, one thing is for sure: we remain at the razor edge of our seat to know what Las Vegas odds presidential election candidates Biden and Trump will surprise us with.
Let’s see what Vegas odds president 2020 sportsbooks favor as their lines continue moving toward a dramatic finale.
Almost immediately following the result of the 2016 election, Americans from both sides of the political spectrum began looking towards the 2020 presidential betting odds. The likelihood that Donald Trump was named president took many by surprise and his second campaign to win reelection has opened the door for many challengers. As of now, there are 21 official candidates in the 2020 presidential race. The candidates range in experience levels. Some have a background mostly in the public sector while others are long-time leaders in the private sector. Our political bios go in more detail, but the truth of the matter is that with more candidates come more chances to place a wager.
Unfortunately, 2020 presidential betting odds will likely not be featured at any land-based sportsbook in the U.S. The fear of tampering or other interference is enough to scare away state regulators from giving bettors the chance to cash in on their favorite candidate. However, online offshore sportsbooks aren’t affected by American politics or by state and federal laws. They can view the race from a truly outside perspective to ensure that you get fair lines and comprehensive wagering opportunities. There are also no laws that prevent you from using these online offshore sportsbooks to bet on elections. We’ll go over the legality of these sites as well as recommend your top options. But first, we’ll give you a list of all the candidates in the race right now:
Entering election day, Joe Biden is a mild favorite on most of the online sportsbooks. The online sports betting community seems to trend right wing, and that means that it’s hard to find odds on Donald Trump that accurately reflect his chances at winning. The election odds have changed a fair bit since the COVID-19 pandemic started. It has unarguably been a bad moment for President Trump, who seemed set to cruise to reelection before the pandemic, the protests, and his own bout with COVID-19. In a way, it’s a bit of a miracle he’s still in it. He’s an underdog now, having fallen from being a favorite at around -200 to now sitting around +150. The odds will continue to shift all of election day as wagers come in and sportsbooks try to keep the wagers balanced, so keep an eye on them.
Can I Legally Bet On The 2020 Presidential Election?
Yes, you can legally bet on the 2020 presidential election but only through certain methods. Those involved in the race obviously can’t bet on the outcome. But, for those interested in politics and want to gamble on the fate of the candidates running, there are online offshore sportsbooks that will have odds for you. While domestic sportsbooks are starting to gain popularity across the nation, they more than won’t offer odds for the 2020 presidential election. New Jersey so far has been the only state to offer odds other than those that are directly related sports, when they listed odds for the 2019 Academy Awards.
But they cannot offer odds on the elections. However, whether or not U.S.-based operators release political betting lines, it won’t affect the legality of using an online offshore betting site. The ones we recommend operate outside of both state and federal jurisdictions. To add to that, there are no federal or state laws that prevent you from using these sites to bet on the elections. This is why every four-years Americans, feel safe in betting on the presidential election.
Top Online Sportsbooks That Accept Wagers On the Presidential Election
Current Odds For 2020 President
The US presidential election is not just something that Americans pay attention to, but rather those from around the world tune in to watch the race. This includes overseas bookmakers who regularly update odds as candidates either drop out of the race or do something to invoke new betting lines. While there are plenty off online offshore betting sites like this, not all of them are built the same. That’s why we’ve taken the liberty of exploring the industry and hand selecting only the two best sites that are guaranteed to provide presidential betting odds and do so in a fast, easy, and safe manner.
Bovada - Political Betting Odds On Every Candidate
Betting Odds For 2020 Presidential Candidates
Bovada has undoubtedly set itself apart from the rest of the online betting industry just in terms of the sheer number of bets they offer. This most certainly includes 2020 presidential betting odds. Every four years you can be sure to find betting lines for not just the last two candidates remaining, but also for the top primary candidates in each political party. What makes this site even more lucrative for those new to this type of wagering is that, because those lines are located within the sports betting section of their website, you can use the site's sportsbook Welcome Bonus to place your bet on the 2020 presidential election. This includes a 50% bonus worth up to $250. Finding the sites promotional offerings as well as finding the latest odds are a breeze because of the way the site is laid out. Just log on once and you’ll see that even though voting for a candidate may be a difficult task, betting on them is easier than ever before through Bovada.
SportsBetting - Bet On 2020 Presidential Odds With Crypto
While you may not be able to guess it through the site’s name, SportsBetting actually has some of the best 2020 presidential betting odds of any sportsbook on the web. SportsBetting makes placing a wager on a political candidate as easy as making a prop bet on a certain athlete. This is mostly because of the fact that they have so many deposit options for their users. While you may not like your options for president, you’ll at least have plenty of ways to get some money into your account. Not only can you use traditional methods such as debit cards, checks, and bank wire transfers, but you can even use cryptocurrencies such as Bitcoin. After the election is through you also won’t have to wait very long to receive your winnings. With a 48 hour or less payout time, you can be sure that you’re receiving your funds as fast or faster than any of SportsBetting’s competitors. As more candidates either announce their candidacy or drop out of the race, be sure to check SportsBetting for all the latest and most up to date 2020 presidential betting odds.
Top Online Sportsbooks That Accept Wagers On the Presidential Election
The US presidential election is not just something that Americans pay attention to, but rather those from around the world tune in to watch the race. This includes overseas bookmakers who regularly update odds as candidates either drop out of the race or do something to invoke new betting lines. While there are plenty off online offshore betting sites like this, not all of them are built the same. That’s why we’ve taken the liberty of exploring the industry and hand selecting only the two best sites that are guaranteed to provide presidential betting odds and do so in a fast, easy, and safe manner.